R3 Developers Blog

A syndicate loan is an arrangement where several financial institutions form a group(syndicate) and lend money to one borrower. It consists of a single loan agreement between the borrower and all the lenders of the syndicate. Each lender will contribute a part of the loan amount and share the lending risk with the other members. Syndicate lending allows lenders to distribute risk and take part in opportunities that would have been too large for their individual capital base or when the total loan amount is outside the scope of the lender’s risk exposure. In a syndicated loan, the borrower could either be a company, a large project or a country’s government.

This blog series will encapsulate a variety of use cases from the capital markets industry. By using versatile examples, the blogs will portray scenarios where blockchain solutions could add value. Evidently, an in-depth analysis will require a more detailed consideration of the specifics, stakeholders’ requirements, and challenges.

This blog is mainly about designing the business logic, which is the most important step in my opinion. Because a reasonable business logic makes your CorDapp meaningful. I will introduce the ‘five questions’ method I applied to design my CorDapp’s business logic.

The debate on where blockchain technology is heading is endless. The latest hype landed at a blurry and vague term of web3. In this article, I do not wish to explain if web3 really has the value it claims or if it is a total BS, rather, I would like to focus on what blockchain, the backbone under all these applications, is meant to do, and what is its current limitation.

We recently dropped the first preview of the new peer-to-peer communications layer of Corda 5. In this article, I’ll talk about what it’s been like working on this release and my onboarding experience at R3 since I joined last year.

The Corda network bootstrapper is a tool that allows you to quickly bootstrap a Corda test network. The reason it is only recommended to be used as a test network is that it uses all the development java keystores to sign the nodes, CorDapp, transactions, etc as default.

Corda was founded on a single vision, laid out in its original statement of intent. As well as a technical description of a platform, this was a rallying cry to Corda developers to get out into the world and be disruptive.