Corda is not a traditional blockchain but a distributed ledger built for business. It allows organizations to record and manage agreements directly with counterparties, without broadcasting all transactions to a global network. By using concepts like states (immutable records of facts) and flows (au...
R3 is an enterprise software firm working with an ecosystem of over 200 financial institutions, regulators, trade associations, professional services firms and technology companies to develop Corda, the only blockchain platform, available as open source or enterprise, designed specifically for business. R3’s global team of over 180 professionals in 11 countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base.
Our vision is of a world where everyone can transact directly and privately without friction; a world where business partners operate in perfect synchrony, and duplicated, inconsistent records are a thing of the past. At R3, we operate at the center of a growing alliance of over 200 of the world’s leading firms committed to applying blockchain technology to unlock new value across multiple industries.
Corda
The only blockchain platform built specifically for business
Corda removes costly friction in business transactions by enabling businesses to transact directly. It enables dramatic efficiency gains in complex business operations by guaranteeing that all parties are always in sync, thereby unlocking new potential for firms to grow and transform their businesses. Using smart contract and blockchain technology, Corda allows existing business networks to reduce transaction and record-keeping costs and to streamline business operations. Corda achieves this with complete privacy in an enterprise software platform that is fully open source as well as available as commercial software for large enterprises.Corda is developed by R3 in partnership with industry -leading companies and is designed to bring the benefits of public blockchains without the privacy, scalability and governance issues that make some public blockchains inappropriate for large -scale enterprises operating in complex and highly - regulated global markets. Only Corda offers interoperability of public networks with the privacy of private networks.
