Corda is a platform built by R3 in collaboration with it's member banks globally to transform the financial services industry leveraging distributed ledger technology (aka Blockchain). R3 has committed to making it available as open source on November 30th 2016.
As Corda comes out from the development team and into the real world we want to make sure that you can move quickly to understand it and better yet, to use it. This is a hands-on user group with the aim of helping you understand Corda in depth. We'll explore Corda technology and help you get up to speed with it. But importantly, we'll explore as a group how to apply this technology to finance and other scenarios. And as with any meetup, we are looking to foster a local community around it.
R3 is a financial innovation firm that leads a consortium partnership with over 50 of the world's leading financial institutions. We work together to design and deliver advanced distributed ledger technologies to the global financial markets. We collaborate with our partner institutions on research, experimentation, design and engineering. This propels the ultimate users of this new technology into the design and production process from the outset.
Corda is R3's implementation of a vision of a future where financial agreements are recorded and automatically managed without error, where anybody can transact seamlessly for any contractual purpose without friction. We believe markets will move towards models where parties to financial agreements record them once and collaborate to maintain accurate, shared records of these agreements. Duplication's, reconciliations, failed matches and breaks will be things of the past. Isolated islands of asset representations will be no more. We aspire to define a shared ledger fabric for financial services use-cases that can be deployed within existing legal frameworks and which relies on proven technologies.