Enterprise software firm R3’s Corda has become one of the first distributed ledger technology (DLT) solutions available to users of Amazon Web Services (AWS), enabling AWS’s network of users to build and deploy applications for finance and commerce on R3’s Corda.
Now available on AWS Marketplace, R3’s Corda allows AWS users to develop CorDapps, or deploy example CorDapps from R3 directly from AWS Marketplace.
Corda is an enterprise-grade DLT solution that removes costly friction in business transactions by enabling institutions to transact directly using smart contracts, while ensuring high levels of privacy and security.
Corda can be built on by third party providers who can then operate and earn revenue from DLT applications using the platform’s common code and protocols to ensure interoperability. The network of companies working with R3 to develop CorDapps has grown to over 60 from a wide variety of industries and regions across the globe. These companies join R3’s wider ecosystem of over 100 banks, financial institutions, regulators, trade associations, professional services firms and technology companies.
R3 recently launched version 2.0 of Corda, adding functionality to the stable core application programming interface (API) achieved in version 1.0. This means CorDapp developers on AWS can build on Corda v2.0 safe in the knowledge that any future improvements and enhancements to the platform will not disrupt their work.
David E. Rutter, CEO of R3, comments: “Corda is a leading DLT platform for businesses and this announcement marks a significant milestone for enterprise-grade blockchain technology. Corda’s strength comes from its vibrant ecosystem of interoperable applications, and extending the pool of potential developers to the vast network of Amazon Web Services users will spark further innovation amongst businesses building innovative DLT apps for finance and commerce.”