People frequently use the terms “ Blockchain” and “ Distributed Ledger Technology ” (DLT) interchangeably. But to understand blockchain technology, and moreover especially R3’s Corda blockchain, it’s essential to understand the underpinning DLT structure. Companies use distributed ledger technology to authenticate deals, and the ledger’s participators can inspect all the records. It, therefore, provides an auditable record of a particular dataset. Image source: Google The Corda Platform Corda’s ambition is to give a platform assuring that any services erected on top are compatible among the network actors. It has attracted interest from industries similar to insurance companies, hospitals, government associations, and also energy suppliers. What is Corda? Corda is actually a blockchain-inspired, open-sourced distributed ledger platform. As a feast of monetary services companies showed interest during its earliest stage, a monetary service institute was also created...
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