ING Bank and R3 ink a 5 year deal for Corda blockchain

Big news coming once again for XRP.  This morning the community comes to find out that ING the largest bank in the Netherlands signs a deal with R3 for use of its R3 Corda enterprise blockchain platform.  R3 announced on Tuesday that the deal with ING will provide the bank with an unlimited number of licenses for the Corda platform.  This deal will allow the ING bank to deploy its blockchain technology and its production-ready CorDapps across its international business operations.  This is great news as we know Corda Settler is an open source CorDapp that allows payment obligations arising on the Corda Network to be settled via any parallel rail supporting cryptocurrencies or other cryptos. Corda Settler supports XRP as its first settlement mechanism.

Check out our new press release! @ING_news has agreed to five-year deal with R3 for an unlimited number of Corda Enterprise licenses which will encourage adoption of CorDapps across a range of business functions. Read more here-https://t.co/glqI7vNgpE #blockchain #cordaenterprise pic.twitter.com/Fr3Z9Xg1gY

— R3 (@inside_r3) January 22, 2019