Leveraging Blockchain – Corda Architecture

Abstract

Blockchain technology is a Distributed Ledger Technology (DLT) where the digital information is stored across multiple computers and not centralized.Each system stores a copy of DLT to avoid single point of failure.Blockchain stores the information in blocks.All copies are validated and updated simultaneously.There are four main types of blockchain, they are Private / Permissioned, Public / Permissionless, Hybrid and Consortium.Corda is a distributed ledger open-source platform, it was introduced by R3 consortium (R3CEV LLC).It is not a public blockchain, based on agreement network and Peer to Peer (P2P) connections.No native cryptocurrency.Tech stack platform based out of JVM written in Koltin.