After thorough exploration, R3, an important player in the blockchain space, realized that blockchain doesn't fit their purpose well, so they created Corda. Corda is a distributed ledger technology (DLT) platform focused on the financial field. R3 have a very clear value proposition and know that their problem requires a pragmatic technology approach. This matches our own experience; current blockchain solutions may not be the reasonable choice for some business cases, due to mining costs and operational inefficiency. Although the development experience we have on Corda thus far has not been the smoothest, APIs are still unstable after v1.0 release, we expect to see the DLT space mature further.
After thorough exploration, R3, an important player in the blockchain space, realized that blockchain doesn't fit their purpose well, so they created Corda. Corda is a distributed ledger technology (DLT) platform focused on the financial field. R3 have a very clear value proposition and know that their problem requires a pragmatic technology approach. This matches our own experience; current blockchain solutions may not be the reasonable choice for some business cases, due to mining costs and operational inefficiency. Although the development experience we have on Corda thus far has not been the smoothest, APIs are still unstable after v1.0 release, we expect to see the DLT space mature further.
