- A Corda network is made up of nodes running Corda and CorDapps
- Communication between nodes is point-to-point, instead of relying on global broadcasts
- Each node has a certificate mapping their network identity to a real-world legal identity
- The network is permissioned, with access requiring a certificate from the network operator
A Corda network is a peer-to-peer network of nodes. Each node runs the Corda software as well as Corda applications known as CorDapps.
All communication between nodes is point-to-point and encrypted using transport-layer security. This means that data is shared only on a need-to-know basis. There are no global broadcasts.
Each node has a single well-known identity. The node’s identity is used to represent the node in transactions, such as when purchasing an asset.
Nodes can also generate confidential identities for individual transactions. The certificate chain linking a confidential identity to a well-known node identity or real-world legal identity is only distributed on a need-to-know basis. This ensures that even if an attacker gets access to an unencrypted transaction, they cannot identify the transaction’s participants without additional information if confidential identities are being used.
Admission to the network
Corda networks are semi-private. To join a network, a node must obtain a certificate from the network operator. This certificate maps a well-known node identity to:
- A real-world legal identity
- A public key
The network operator enforces rules regarding the information that nodes must provide and the know-your-customer processes they must undergo before being granted this certificate.