R3 Offers Free Access to the Corda Blockchain Code

The code is available for download via Corda.net for free to encourage the contribution of the global developer community.

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Fintech startup R3 has made its distributed ledger platform, Corda, open source.

By doing this developers will have the ability to review, collaborate and suggest alterations and technical modifications.

According to R3, developers can download the platform's source code at Corda.net, the new website for Corda's open source community. Clicking the "Get Corda" link on the front page opens up the public repository on GitHub with instructions on how to set up the platform.

David Rutter, CEO of R3, said in a statement that this serves their main priority, which is to deploy new solutions that can integrate and work seamlessly with each other.

"The applications being built...need to be based on common, open, interoperable platforms ─ much like the common protocols on which the internet operates today," he said. "Open sourcing Corda is the next step in making Corda one of these platforms."

Corda.net also offers resources for non-developers, including an introduction to Corda, documentation, a blog and a discussion forum enabling interaction with the R3 team.

Rough Waters

R3 suffered a setback last week as Goldman Sachs, Morgan Stanley and Santander left the consortium.  

John Brazier wonders if this could be a sign of things to come. Also, for the October issue of Waters magazine, Dan DeFrancesco, Emilia David and Anthony Malakian looked at three aspects of distributed-ledger technologies: the currencies being developed in the space, the money behind blockchain and why blockchain has been overhyped

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