How to write DApps on Corda

Bitcoin's inception in 2009 spurred the rise of digital assets and currencies, leading to the development of various blockchains such as Ethereum and Solana, which share a decentralized model unsuitable for regulated industries requiring confidentiality and controlled data sharing. To address these needs, private blockchains like Hyperledger Fabric, Ripple, and Corda were introduced, with Corda specifically facilitating application development in regulated markets through its permissioned peer-to-peer distributed ledger technology. Corda enables trusted transactions within an open network by ensuring participant identification, privacy, and interoperability. CorDapps, or Corda distributed applications, incorporate key components like states, contracts, flows, and transactions to ensure valid and secure operations. The article delves into the process of creating CorDapps, including setting up the environment, defining states and contracts, and writing initiating and responder flows, to illustrate the utility of Corda in maintaining privacy and trust in blockchain projects suited for regulated sectors.