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R3 Corda Network

Definition

The R3 Corda Network is an enterprise-grade distributed ledger technology platform specifically designed for businesses and regulated financial institutions. Unlike public, permissionless blockchains, Corda is a permissioned network, meaning participants must be identified and authorized to join. It prioritizes privacy, interoperability, and transaction finality, rendering it suitable for complex business logic and sensitive data exchanges. Corda facilitates direct peer-to-peer transactions without a central intermediary.