In its whitepaper launch on Oct 23 ING Bank has proposed resolution for R3’s Corda blockchain inconsistencies, which cause users to either compromise on their security or privacy. Corda is among the most trusted and renowned distributed ledger technology platforms we have today. However, it carries a trade-off in which users either do away with the security or privacy. Needless to say, both can have catastrophic implications for Corda participants. In an attempt to address the elephant in the room and propose a fool-proof solution, that neither shifts the accountability to other parties nor limit Corda’s functionalities, the Dutch multinational
