R3

Next-Gen Corda is the innovative evolution of R3's acclaimed Distributed Ledger Technology (DLT) platform, crafted over a rigorous three-year development period. Aimed at enhancing financial market infrastructure, digital assets, and digital currencies, Next-Gen Corda brings substantial improvements while retaining the trusted core that users rely on. Among its key features are scalable and highly available architectures, enabling users to manage multiple Corda nodes efficiently, all while ensuring seamless interoperability across various blockchain networks.

Notable upgrades include a REST API for simplified integration, a Membership Group Manager for streamlined network member management, and a novel peer-to-peer communication layer. Developed in alignment with the progressive decentralization model, the platform also supports a pluggable ledger and notary system, allowing for diverse implementations. The extensive contributions from a vibrant community of developers, alongside rigorous testing and updates, underscore R3’s commitment to nurturing in-house talent and advancing private, permissioned blockchain applications that meet real-world challenges effectively.