DataArt collaborates with R3 for the creation of blockchain


DataArt, a global technology consulting firm that designs, develops and supports unique software solutions, today announced that it has partnered with R3, an enterprise blockchain software company, to develop innovative products and solutions on the R3 Rope platform.

Corda is an open source blockchain platform that allows third-party providers and partners to create and manage general accounting applications using common code and protocols to ensure interoperability. The platform is designed to record, manage and synchronize contracts and other data shared between business partners and meet the complex requirements of the world's largest financial institutions.

As a technology partner and integrator of Corda Certified R3 solutions, DataArt will use the Corda technology to improve blockchain management for its customers in the financial and insurance sectors. DataArt has already provided solutions powered by Corda to some of its customers, including a pilot project of a distributed insurance / reinsurance management system for an important insurance company. The solution allows the sharing of policies, information and life cycle events in a standardized and reliable way without human involvement. The platform adds exceptional data quality and operational efficiency to the procurement / event management process.

DataArt offers a full range of blockchain consulting services, including technology research, prototyping, developmentalization of the development and complete integration of blockchain solutions into existing business processes. In addition to creating blockchain systems on Rope, DataArt has experience in other distributed accounting technologies, such as Ethereum, Hyperledger, EOS and Waves. The recently completed projects include a blockchain platform with easy tracking and a trusted environment for a major exchange, an e-proxy voting system for a national settlement deposit and a proprietary cryptocurrency portfolio for intracompany payments and transfers.

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