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Update docs/source/corda-network/index.md

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carolyne quinn 2018-10-19 10:57:48 +01:00
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docs/source/corda-network/index.md
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@ -8,8 +8,7 @@ Corda Network consists of Corda nodes operated by network participants, in which
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 / 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 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
@ -32,9 +31,7 @@ Netherlands, known as a Stichting. This is a legal entity suited for governance
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.
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