Designed specifically for the financial sector, R3 Corda is an open-source distributed ledger platform(DLT). Used to build applications for financial companies, it is a permission private network. Corda is helpful in removing costly friction in business transactions to allow businesses to transact directly.
By making use of Consensus Time Stamping, Hashgraph ensures that no one can control the order of transactions.
Based on the Bank-Grade Security, Hashgraph offers great security by ruling out bad actors from preventing consensus.
Hashgraph is really fast and has potential to compute around 200,000 transactions just within a few seconds.
Hashgraph works on the two techniques i.e. Gossip about Gossip and Virtual Voting to reach the distributed consensus that is quite effectual.
Mobiloitte will enhance the business operations by bringing the R3 corda development services. Our team of the professional developers has a deep knowledge of Corda based financial services platform based applications.