R3 powers Credit Suisse and ING live securities lending transaction debut
First live transaction using HQLAx’s securities lending app on R3’s Corda blockchain platform.
HQLAX
R3, HQLAX and five banks build collateral lending solution on blockchain
Distributed ledger technology (DLT) consortium R3, together with five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers. The solution is based on R3’s flagship platform, Corda, and is “an operating model for a digital collateral receipt (DCR) lending marketplace”.
