“Banks have to implement these processes because they have a legal obligation to do so – but complying with the regulations is a cumbersome, complex and expensive process. So, when developing the concept of Trust ID network, we envisioned to build a solution that would simplify these obligations for banks and turn them into an opportunity for a new competitive positioning, cost saving and new revenue stream."
"We are building a business with Corda as a central component to digitally service all the participants in the bond market throughout the lifecycle of a bond. Corda provides a confidential, scalable, interoperable and permissioned DLT."