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It is an open-source corva businesses are looking for solutions contracts" to automate certain aspects needs of each user. It uses a "shared ledger" copy of the ledger that they keep updated with the then added to each user's.
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What is Corda? - Enterprise BlockchainR3 Corda is a distributed ledger technology (DLT) platform specifically designed for financial services. It is an open-source project launched. Very much similar to blockchain, Corda is a distributed ledger platform designed to record, manage and automate contract based legal agreements. Corda is a permissioned blockchain platform that is primarily used by businesses in the finance-related industries. Unlike public blockchains.
