Understanding Corda and AKS
In the realm of DLT, Corda has emerged as a prominent platform with a focus on addressing the specific requirements of businesses and enterprises. Built by R3, a leading blockchain software firm, Corda is designed to facilitate secure and efficient transactions between parties while preserving data privacy and confidentiality. Its unique features make it an ideal choice for industries such as finance, supply chain, healthcare, and more. Additional information about industries and specific success case studies for Corda can be found on the R3 Corda website: https://www.r3.com/products/corda.
At its core, Corda is a decentralized ledger that enables participants to transact directly, eliminating the need for intermediaries and reducing transactional friction. Like the Ethereum blockchain, Corda embraces a smart contract approach where transactions are executed using predefined business logic known as Corda Distributed Applications (CorDapps). Unlike Ethereum...