An introduction to the Cordite CorDapp.

2. Cordite Alpha
An intro to the
Distributed General Ledger
https://cordite.foundation/ @we_are_cordite

3. https://cordite.foundation/ @we_are_cordite
What we will cover today
ü Why did we want to contribute Cordite to the Corda
Community?
ü WTH is Cordite?
ü What can Cordite do?
ü A dive into the DGL
ü How can you get involved?

4. https://cordite.foundation/ @we_are_cordite
How did we get here?
The Corda team have successfully
built a decentralised technology
NOW
To get the best from Corda, we
need decentralised businesses

5. https://cordite.foundation/ @we_are_cordite
It would be great if we had…
• Decentralised Digital Organisations.
• Incentives for people to participate fairly in these
organisations.
• A decentralised way to manage accounts, issue tokens and
make payments.

6. https://cordite.foundation/ @we_are_cordite
How does Cordite Do this?
The DGL – The Distributed General Ledger
Metering – Incentives to participate
DAOs – Decentralised Autonomous Organisations

7. https://cordite.foundation/ @we_are_cordite
Cordite - DAO
• A shared state for building and organising
decentralised businesses
• Includes:
• Membership
• Governance (proposals and voting)
• Economics
• Avoids the need for a centralised business

8. https://cordite.foundation/ @we_are_cordite
Cordite - Metering
• Ethereum and Bitcoin incentivize nodes with
transaction fees / mining rewards …
• Cordite metering incentivises parties to run
notaries
• Invoicing PAYGO model
• Dispute resolution
• Customise fee/reward structures

9. https://cordite.foundation/ @we_are_cordite
Cordite - Ledger
• Accounts
• Account aliases
• Tokens definitions
• Issuance, Transfers, Settlement
• Financial toolkit
• Promissory notes
• Settlement
• …

10. https://cordite.foundation/ @we_are_cordite
Architecture
Docker Container
Javascript
Java/Kotlin
Swift
.NET
REST
Python
Ledger
DAO
Metering
Your
CorDapps

11. https://cordite.foundation/ @we_are_cordite
Ledger Demo

12. https://cordite.foundation/ @we_are_cordite
High-level Plan
May 2018
• Alpha (MVP)
• Test nodes and BYO
September
2018
• Beta (stable)
• New Features
• Optimization
• Decentralization
• Bug Fixes
April 2019
• 1.0

13. https://cordite.foundation/ @we_are_cordite
Blueban
k
Meterin
g
Notary
Blueban
k
Guardia
n
Notary
Notaries
AMER
Node
EMEA
Node
APAC
Node
Other
Party
Node
Other
Party
Node Other
Party
Node
Other
Party
Node
Other
Party
Node

14. https://cordite.foundation/ @we_are_cordite7th June Cordite Collab Event – Pizza, Beer & Code!
Cordite Collaboration
ü Chat
ü Contribute
ü Community
community@cordite.foundation #we_are_cordite
https://gitlab.com/cordite#cordite