From 8b5faa107eae5031fa590bffde01bd948730c0c9 Mon Sep 17 00:00:00 2001 From: jamescarlyle Date: Thu, 18 Oct 2018 18:19:14 +0100 Subject: [PATCH] Initial commit --- docs/source/corda-network/index.md | 55 ++++++++++++++++++++++++++++++ docs/source/index.rst | 7 ++++ 2 files changed, 62 insertions(+) create mode 100644 docs/source/corda-network/index.md diff --git a/docs/source/corda-network/index.md b/docs/source/corda-network/index.md new file mode 100644 index 0000000000..a34d053413 --- /dev/null +++ b/docs/source/corda-network/index.md @@ -0,0 +1,55 @@ +Corda Network +============== + +Introduction to Corda Network +----------------------------- + +Corda Network consists of Corda nodes operated by network participants, in which business transactions are created and +validated via Corda Distributed Applications (CorDapps) running on these nodes. Each node is identified by means of a +certificate issued by the Network’s Certificate Authority and will also be identifiable on a network map. + +Corda Network enables interoperability – the exchange of data or assets via a secure, efficient internet layer – in a +way that isn’t possible with competing permissioned distributed ledger technologies or legacy systems. + +The network is due to go live in November, after which it will be governed by R3. An independent, not for profit +Foundation is currently being set-up which is intended to govern the Network from mid 2019, after a transition period. + +The Network will comprise of many sub-groups or ‘business networks’ of participants running particular CorDapps, and +such groups will often have a co-ordinating party (the ‘Business Network Operator’) who manages the distribution of the +app and rules for its use. + +Corda Network will support the operation of business networks by industry-specific operators within the Network. There +will be a clear separation between areas of governance for the Network and for individual business networks. For example, +rules around membership of business networks will be controlled by its Business Network Operators. + + +Governance Structure +-------------------- + +We at R3 believe it is critically important that we should not control Corda Network going forwards, and that it should +be governed transparently to its members, with a fair and representative structure that can deliver a stable operating +environment for its members for the long term. + +After legal advice we have decided to set up a Corda Network Foundation, a not-for-profit legal entity residing in the +Netherlands, known as a Stichting. This is a legal entity suited for governance activities, able to act commercially, +with limited liability but no shareholders, capital or dividends. It is defined in a set of Articles of Association and +By-laws. + +A Foundation will enable Network members to be involved with, and also understand, how decisions are made (including +around issues of identity and permission), building trust and engagement from a wide range of stakeholders. We believe +this will bring about the best decisions and outcomes for the Network’s long-term success. + +Its governance bodies shall include + +* A **Governing Board** (‘the Board’) of 11 representatives (‘Directors’). +* A **Technical Advisory** **Committee** (‘the TAC’), comprised of representatives of Member organisations. +* A **Governance Advisory Committee**, comprised of representatives of Member organisations. +* A **Network Operator** (‘the Operator’), charging the Foundation reasonable costs for providing network and +administration services, paid by the Foundation through membership funds, and accountable directly to the Board. + +Operating on behalf of: +* **Participants** (‘Participants’), which is open to any organisation participating in the Corda Network, independent +of R3 membership and direct Network participation. + +For more information about the intended governance of the network, please refer to the Governance Guidelines document +[here](https://groups.io/g/corda-network/message/96). \ No newline at end of file diff --git a/docs/source/index.rst b/docs/source/index.rst index 8e191c699e..6fa5239f50 100644 --- a/docs/source/index.rst +++ b/docs/source/index.rst @@ -95,3 +95,10 @@ We look forward to seeing what you can do with Corda! deterministic-modules.rst release-notes changelog + +.. conditional-toctree:: + :caption: Corda Network + :maxdepth: 2 + :if_tag: htmlmode + + corda-network/index.md \ No newline at end of file