R3 pivots to public blockchain with Solana partnership

Article

Description

Enterprise blockchain firm R3 has announced a strategic collaboration with Solana Foundation to bridge its permissioned Corda platform with Solana’s permissionless blockchain network.

Publish date

May 22, 2025

Publisher

Ledger Insights

Web URL

https://www.ledgerinsights.com/r3-pivots-to-public-blockchain-with-solana-partnership

Referenced by

R3 and Solana Foundation announce strategic collaboration

Crypto news

News story

R3 CEO David Rutter, who has historically been critical of Ethereum, selected Solana following what the company described as an extensive evaluation of decentralized protocols. The choice may reflect both technical considerations and Rutter’s past skepticism of Ethereum, particularly after JP Morgan’s early interest in R3 shifted toward a permissioned version of Ethereum.

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Quote

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

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