The blockchain consortium R3 announced the launch of the Corda Enterprise platform targeted at institutional clients. One of the main features of the release of Corda Enterprise is "the first firewall for blockchain applications."
It is reported that the new function is able to restrict communication between nodes with different information needs, working in different environments.
Traditional permissionless blockchain platforms, in which all data is shared with all parties, have issues around privacy, scalability and interoperability that render them largely unsuited for global business. This is the problem Corda was designed to solve and it is gaining adoption at a rapid pace across a range of industries. However many enterprises – especially larger ones – face unique technical constraints. Corda Enterprise fine tunes Corda for these firms so that they can adopt blockchain technology in a way that is straightforward and natural. The launch of the platform is a watershed moment for business blockchain technology.
Richard Gendal Brown
Brown believes that thanks to the use of the blockchhain firewall, the Corda Enterprise platform will be more attractive to corporate customers than traditional open source platforms.
The technical director of R3 predicts that the market of blockchain platforms for business will soon be consolidated, and only a few players will remain.