When it comes to blockchain technology, everyone is crazy about it, right from the people belonging to the technical background up to the people coming from commercial spaces. Blockchain made things much easier, and one of its products is DLT or Distributed Ledger Technology. It eliminates the middleman and increases data transparency by keeping the data security intact.
Corda is another term deeply related to DLT, and several IT firms are implementing it for supercharging their businesses. Let us learn more about Corda integration into enterprise IT estates.
Corda makes integration easy:
Integration is a journey from business analysis to building, deploying, maintaining, and designing of systems. RPC is the default interface for integrating into the Corda node. Also, you will need some Corda knowledge and internal knowledge of your application. Some of the initial stages will need making, or there is a business network operator node as well that needs a few configs.
All these lead to barriers to adoption. This will increase both the cost and effort needed by the clients for integrating with CorDapp.
You may want to cut all these costs, and two things are there that you can do:
- Implement an HTTP API.
- Spin up private networks for the customers for building against.
HTTP API:
For delivering the API, well-known techs need to be used. In short, use Http API. REST or Graph QL can be used for structuring the endpoints.
Architecture:
Either you run the server within the Corda blockchain development process, or else you can make a separate web server app for delivering your API. BRAID can be used for running the server within the Corda process. A separate scalable web server that can be independently maintained can be a better solution.
Technology choice:
Java bytecode generating languages like Kotlin or Java can be used because the CorDapps need to be consumed for integrating through the RPC interface efficiently. Some of the technologies on which you can look are Ktor, Vertx, and Spring Boot.
Authentication, identification, and Auditing:
Security is of paramount importance in the enterprise world, which includes the DLT world as well. You must prioritize security in every decision associated with the design of your software.
Customers expect some identification methods. And to learn more about it, it is essential to opt for professional Corda consulting.
Every request coming through API must identify and authenticate itself. It will help you to add permissions and roles to every user present in the system, and also, you can restrict the operations that the user cannot perform within the system.
Also, it is dispensable for auditing purposes. Each action needs to be recorded in a regular database to ensure a complete audit trail.
Sandbox Networks:
By now, you are ready with an easy-to-use API for facilitating integration, but also, you will need a running instance of the application. R3Corda in enterprise IT estates has facilitated the industries with seamless integration.
To spin up a Corda network or run one by deploying nodes, you will need some expertise and Corda Knowledge. Also, your app will require some orchestration and setup. Just handing the docker image or the CorDapps can be frustrating. Besides, just receiving a running instance is not a PoC’s scope because it is costly, boring, and can hinder revenue.
Infrastructure having a cloud provider and code technologies, along with a custom orchestration app, will enable you to spin up the private networks with just a single command in a few minutes.
Then you can give your customers access to such instances for building their PoCs, and then they can integrate the test instances of the existing systems.
The Corda regulated token is similar to what is ERC20 to Ethereum, and it makes things way simpler while performing transactional activities.
By scripting the destruction and creation, the software can be provided to the customers at a minimal cost. Every PoC doesn’t need to become a signed contract, and this reduces the cost of customer acquisition significantly.
Make a plugin system:
Create the libraries for the languages that your customers put to use for integrating with your API. It means that you may keep the Http API at a low level and keep it flexible. However, you must offer a way for quick integration into the Http API from the language of their choice.
So, if you want to make a correct plugin system and implement it in your enterprise, seek professional help from a reliable R3 Corda development service provider.
TL;DR:
You can put an Http API over the CorDapp to make it smoother for the existing non-DLT teams and integrate it with the system. Focus on making things easier for you for spinning up the mini private networks for the customers to make PoCs against.
It means, with zero Blockchain, DLT, or Cord experience, integration is possible with your system within a few hours.
Conclusion:
Corda helps to develop apps faster with confidence. The development framework of Corda contributes to quickly future-proofing the applications in financial and other various regulated markets. Right from the modular APIs, speed, language, convenient language options up to easy mapping, Corda has got you covered.
Thus, if Corda is not included in your app-making strategy, you are undoubtedly losing the latest opportunities. So, opt for R3 Corda Development Services today to leverage your business growth.
