ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Saturday Sep 22nd 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

R3’s Corda Enterprise Has A ‘Blockchain Firewall’

By

Matthew

De Silva

WriterETHNews.com

One month after reports surfaced that R3 was running out of money, the startup has launched Corda Enterprise, which it says includes a “unique Blockchain Application Firewall for businesses.”

On July 10, 2018, R3 announced the launch of Corda Enterprise, a commercial version of Corda, the company's open-source blockchain, which has been around since 2016. While Corda Enterprise boasts that it is "100 percent interoperable" with the existing open-source platform, R3 highlighted some security features specific to the enterprise platform.

Source

Chief among these is Corda Enterprise's "Blockchain Application Firewall." It might be easier to think of this in more concrete terms.

The firewall is a bit like the bulletproof glass of a teller's booth at a bank. With the safety of the firewall, information or assets can be exchanged through a limited window. Meanwhile, the most sensitive (and valuable) data is kept separately and securely (this is akin to a bank's vault). Altogether, the blockchain application firewall seems to act like a filter for nodes, controlling which data can enter an enterprise's fortress.

Today, R3 released an explainer video to accompany its announcement.

In June, Fortune reported that, according to ex-employees, R3 was "floundering and could be out of money by early next year." At the time, R3's leadership denied that it was struggling.

Although R3 continues to push for corporate blockchain adoption, it's not clear whether there's a critical mass in its development community. Only time will tell if Corda Enterprise becomes an industry standard or another blockchain dud.

Matthew De Silva

Matthew has a passion for law and technology. He graduated from Georgetown University, where he studied international economics and music. Matthew enjoys biking and listening to tech podcasts. He lives in Los Angeles.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Corda, R3 or other Ethereum technology news.