Corda Network Foundation Document history

Business Networks (Consortiums)

For Corda, Business Networks are groups of companies who wish to transact together - using either Corda Open Source or Enterprise, for a specific commercial purpose.

We see that Business Networks have many different governance models, including ranging from a consortium model, to a more centralized model with a Business Network Operator. A BNO may set-up and operate the legal rules and business processes for the Business Network, often also designing and operating a shared CorDapp.

Depending on their size, Business Networks may also wish to onboard, offboard and bill their members - see the business network membership service

We continue to develop tools and features for Business Networks to work well. Please visit the Business Networks Toolkit.

R3 also have a detailed solutions site on the options and flexibility which Business Networks can offer while using Corda.