Exploring convergence opportunities across private and public ecosystems

A Future of Finance interview with Richard Brown, Chief Technology and Product Officer at R3.

R3 celebrates its tenth anniversary this year. Richard G. Brown, R3’s Chief Technology and Product Officer, speaks to Bob Currie about the drivers for Corda’s design, how these are changing, and how far the company has fulfilled the targets that it envisaged at formation.

The discussion explores the potential for convergence of private and public blockchain ecosystems, thereby potentially making a wider range of higher-quality assets available to DeFi investors and tapping into a large pool of demand and liquidity sitting on public blockchain. But what can we say at this stage about the mechanics of building this cross-chain interoperability?

In bringing real-world assets to DeFi, we examine how to retain the simplicity and accessibility of permissionless chains while accommodating TradFi’s complex lifecycles and risk protocols.

In delivering convergence of public and private ecosystems, we address the difficulties in ensuring that financial institutions, and their regulators, are comfortable in transacting with investors or counterparties operating in a public ecosystem. What are the challenges in delivering the institutional-standard security and finality that these FIs will continue to expect? 

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