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A Study on the Corda and Ripple Blockchain Platforms

  • Mariya BenjiEmail author
  • M. Sindhu
Conference paper
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 750)

Abstract

Blockchain, as the name says a chain of blocks growing in forward direction contains a list of records which is linked to previous block using cryptographic methods. Typically, a block records a hash pointer, timestamp and transaction data. Inherently by design, a block cannot be modified. Blockchain acts as an open distributed ledger that records transaction between parties efficiently in a verifiable and permanent way. Blockchain technology has a wide range of application both in financial and non-financial areas working with consensus, in different platforms. This paper describes different applications of Blockchain; both in financial and non-financial fields, a study on two of its platforms—Corda and Ripple; and also a comparison between the two platforms.

Keywords

Blockchain Corda Forking Merkle tree Ripple 

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Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.TIFAC-CORE in Cyber Security, Amrita School of EngineeringAmrita Vishwa VidyapeethamCoimbatoreIndia

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