Corda is an open source blockchain project specifically designed for business. The main problem Corda is trying to solve is enabling financial institutions, healthcare organizations, and insurance companies to agree simultaneously on the state of their books as well as bringing privacy in transactions between participants of a given consortium. General hurdles in the financial sector affect transaction synchronization and constant truth assessment in account balances through a wide variety of verifications that increase delays and costs for every stakeholder in the process. Corda was built to overcome that by using distributed ledger technology. Corda was developed by R3, a company founded in 2014 that formed a large ecosystem, including financial companies that work together to build applications called CorDapps on the platform.
Corda
"Corda is a unique, open source platform...