The promotion of the blockchain platform Corda will be entrusted to the joint company SBI Holdings and R3

SBI Holdings and supplier of blockchain solutions R3 Holdo LLC announced the creation of a joint venture SBI R3 Japan Co. This is reported in the official release .

A company with a capital of 500 million yen ($ 4.57 million) plans to conduct business in East Asian countries.

Among the tasks of SBI R3 Japan Co will be the provision and provision of licenses for the blockchain platform Corda R3, as well as the promotion of the cooperation of Corda partners with foreign offices R3.

Earlier, against the background of the reorganization , the leading top managers left R3.

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