VALK, a technology provider offering software that digitises the management, investment and trading of unlisted assets, has joined the BT Radianz Cloud, a secure cloud community for the global financial markets.
By joining the Radianz Cloud, VALK has extended the availability of its Corda-based distributed ledger technology (DLT) network to Radianz community members.
This will enable members to access the Corda network and leverage a wide range of additional applications underpinning this leading open-source blockchain platform.
The move marks VALK as the first Corda provider to join the Radianz Cloud, which gives brokers, institutions, exchanges, clearing and settlement houses secure access to thousands of applications from hundreds of specialist applications and service providers critical to the operation of global financial markets.
VALK founders Antoine Loth and Elie Azzi commented: “We are delighted to join the BT Radianz Cloud to deliver the first Corda-based application to integrate with its infrastructure. It enables us to offer our services directly to a large number of institutional clients via a secure private network.”
Michael Woodman, managing director, Radianz, BT, said: “DLT has seen a significant surge in interest among our clients, with an increasing number of firms leveraging it for real-life applications or R&D activities. Enabling access to Corda blockchain nodes via VALK’s platform will create new opportunities for our institutional clients to capitalise on the significant potential DLT presents.”
The VALK solution is available to Radianz community members now.
Elsewhere at VALK, a partnership with Koine was recently announced which aims to enable payment and cash custody on R3’s Corda platform for investment banks, asset and fund managers.
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