R3 will build an enterprise-grade consensus service for its Corda blockchain on Solana’s Layer 1, letting private Corda transactions be confirmed on Solana’s mainnet instead of Corda proprietary notary node
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The collaboration will create a consensus service deployed on Solana to enable native interoperability between R3’s existing Corda platform and Solana, bridging the gap between permissioned and public blockchain ecosystems. This approach differs from traditional interoperability solutions by allowing private Corda transactions to be confirmed directly on Solana’s mainnet replacing Corda notary nodes
“The collaboration will create a consensus service deployed on Solana to enable native interoperability between R3’s existing Corda platform – as well as other private networks – and Solana, bridging the gap between permissioned and public blockchain ecosystems for the first time,” R3 wrote in a statement.
R3 will deploy its permissioned consensus module directly on Solana. This module will act as a bridge between Corda, R3’s private ledger designed for institutions, and Solana’s public blockchain. In this model, Solana will validate transactions and serve as the consensus layer for R3’s private networks.
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