NextGenBeing Founder
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Loading...Introduction to RegTech Compliance
Last quarter, our team discovered that building a RegTech compliance platform required more than just understanding the basics of Corda 5.0, DAML, and ISO 20022. We had to dive deep into the implementation of smart contracts and financial reporting to ensure our platform was not only compliant but also scalable and efficient. Here's what I learned when we embarked on this journey.
Understanding the Basics of Corda 5.0
Corda 5.0 is a blockchain platform designed specifically for businesses, focusing on privacy, scalability, and security. It allows for the creation of smart contracts that can automate complex business processes. However, I realized that Corda 5.0 only works efficiently if you also implement a robust data model and understand how to leverage its privacy features.
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