Microsoft Azure Marketplace will feature R3's Corda blockchain, in a move following the distributed ledger platform's addition to Microsoft's own blockchain, Project Bletchley. The announcement comes as R3 is working on its own version of the open source Hyperledger, which aims to provide an alternative for developers and businesses that want to build applications with smart contracts. Corda, which was "designed from the ground up", records and manages financial transactions, restricts data sharing and supports multiple consensus algorithms.
Microsoft Azure Marketplace will feature R3's Corda blockchain, in a move following the distributed ledger platform's addition to Microsoft's own blockchain, Project Bletchley. Via Azure, users can access a Corda demo, featuring an "interest rate swap deal and Standard Initial Margin Model valuation". Corda, which was "designed from the ground up", records and manages financial transactions, restricts data sharing and supports multiple consensus algorithms.