Luxoft, R3 integrate identity management applications on Corda

Luxoft Holding, Inc (NYSE:LXFT), a global IT service provider, has partnered with R3, an enterprise blockchain software firm, the company said.

Luxoft will lead the integration of identity management applications on Corda, R3´s open source blockchain platform.

As an R3 partner, Luxoft will use Corda technology in its blockchain consulting practice, adding integration with complimentary technologies in order to provide complete solutions.

The initial focus is to allow businesses to create Corda applications that take advantage of the verifiable claims technology or identity attributes management enabled by Hyperledger Indy.

Hyperledger Indy is an open-source technology for blockchain-based identity management, and a basis for the Sovrin Network – a public utility ID ledger that provides the basis for self-sovereign identity management.

Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. For more information, visit www.luxoft.com.

R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors. Learn more at www.r3.com.