MonetaGo, a software development company that builds private blockchains for financial institutions and central banks, has decided to change its underlying architecture from Hyperledger Fabric to R3’s Corda platform. The New York-based firm, which has been testing its blockchain-based anti-fraud platform for receivables financing in India, cited concerns with how Hyperledger Fabric would scale up once large numbers of participants joined the system. MonetaGo CEO Jesse Chanard told CoinDesk, “As we looked at the different scalability pieces of Hyperledger, we saw that it could get challenging, at least at the current throughput…
Blockchain-for-Banks Startup Switches From Hyperledger to R3’s Corda
