{"id":50457,"date":"2021-09-30T17:49:45","date_gmt":"2021-09-30T14:49:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50457"},"modified":"2025-09-02T18:07:24","modified_gmt":"2025-09-02T15:07:24","slug":"r3-to-launch-defi-blockchain-with-its-own-token","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/r3-to-launch-defi-blockchain-with-its-own-token\/","title":{"rendered":"R3 to Launch DeFi Blockchain With Its Own Token"},"content":{"rendered":"

R3, the provider of the corporate DLT<\/span>-platform Corda, is exploring the possibility of launching a network for decentralized finance (DeFi) in the form of an Ethereum layer-2 solution with its own token. Ledger Insights<\/a> reports.<\/p>\n

The pilot network project, called Obscuro, will combine the transparency of a public blockchain with the privacy of a private one, the firm explained.<\/p>\n

The proof of concept for the solution is expected to be completed in 2022. R3 stressed that they will not launch either the network or the corresponding token without a clear regulatory framework.<\/p>\n

In the company’s view, its solution will provide a safer form of DeFi, reducing the risks of abuse, such as front-running by miners.<\/p>\n

The privacy technology Conclave will enable this. It works as a \u201cblack box\u201d, concealing transactions from third parties. However, R3 intends to make this feature \u201cdeferred\u201d \u2014 over time the information will become open to maintain the necessary level of transparency.<\/p>\n

\n

\u201cR3 is exploring how to fuse traditional finance and DeFi, and we believe we have unique opportunities to enable such a linkage. Neither of them will become the winner. We believe the future of these two worlds will be hybrid,\u201d the company said.<\/p>\n<\/blockquote>\n

Earlier, R3 announced the launch of a DeFi token<\/a> in the Corda ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"

R3, the provider of the corporate distributed ledger technology platform Corda, is exploring the possibility of launching a network for decentralized finance (DeFi) as an Ethereum layer-2 solution with its own token. Ledger Insights reports.<\/p>\n","protected":false},"author":1,"featured_media":50458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,208],"class_list":["post-50457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-r3"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=50457"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50457\/revisions"}],"predecessor-version":[{"id":50459,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50457\/revisions\/50459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/50458"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=50457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=50457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=50457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}