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R3 Corda

The document discusses the key takeaways of a private permissioned distributed ledger. It notes that the ledger is scalable to support billions of daily transactions across industries, reduces costs for businesses, allows for easy integration of multiple applications on the same network, supports different consensus algorithms to comply with regulations, confirms each transaction in real time unlike blockchains, and has an open structure for participation, development and governance.

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swati ahuja
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40 views

R3 Corda

The document discusses the key takeaways of a private permissioned distributed ledger. It notes that the ledger is scalable to support billions of daily transactions across industries, reduces costs for businesses, allows for easy integration of multiple applications on the same network, supports different consensus algorithms to comply with regulations, confirms each transaction in real time unlike blockchains, and has an open structure for participation, development and governance.

Uploaded by

swati ahuja
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Key takeaways

IIMC-APFFB-Cohort 4 | Group 11
Hrishikesh Deshpande | Godavari |Siddharth Agarwal
Manoj Kumar M | Saloni Mittal| Abhik Chatterjee
Abhishek Mishra | Swati Ahuja | Koushik Datta
Private Permissioned Distributed Ledger

SCALABLE
Key takeaways PRIVACY - Restricted data sharing
The network is scalable to support billions of The only parties who have access to the details of the
transactions daily across industries. transaction are those who participate in the transaction and
those who need to assure themselves of transaction
COST SAVING provenance.

Reducing expenses to ensure that business can sustain


competitive relevance and maximize its potential.
REGULATORY EFFECIENCY
Enabling real time monitoring of financial activity
INTEROPERABILITY- EASY between regulators and regulated entity.
INTEGRATION
The platform allows multiple applications to ASSURED IDENTITY
coexist and interoperate on the same network.
Parties have assurance over the identity
of the participants in the network
PLUGGABLE CONSENSUS
To support multiple consensus providers employing OPERATIONAL SIMPLIFICATION
different algorithms on the same network, enabling
To manage legal agreements on an automatable and
compliance with local regulations.
enforceable basis. Smart contracts on DLT, eliminating the
need for manual re-conciliation.
NO BLOCK BUT CHAIN
It confirms each transaction in real time , unlike a regular block RISK REDUCTION
chain which batches up transactions in a block. Counterparties no longer need to be trusted to fulfill their obligations as
OPEN agreements are codified in a shared, immutable environment.
Open source participation, development and governance

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