Definition ∞ Corda Enterprise is a permissioned distributed ledger technology platform developed by R3, specifically designed for businesses and regulated industries. It provides a secure and scalable framework for organizations to record and manage agreements and transactions with strict privacy controls. Unlike public blockchains, Corda focuses on direct peer-to-peer interactions with transaction visibility limited to involved parties. It supports complex business logic and regulatory compliance requirements.
Context ∞ News reports often cover the adoption of Corda Enterprise by financial institutions and other large corporations seeking to streamline operations and reduce costs. The platform is frequently discussed in the context of interbank settlements, supply chain management, and digital identity solutions. Its permissioned nature and focus on privacy distinguish it from public blockchain initiatives, prompting discussions on its role in institutional digital asset strategies.
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