• Sun, 19 May 2019, 08:21 PM
  • All times are UTC
  • Edition:
    International
Link copied

Samsung SDS develops blockchain accelerator technology to enhance transaction processing speed

Fri, 15 Feb 2019, 03:43 am UTC

Samsung SDS has announced that it has developed “Nexledger Accelerator” in order to boost transaction processing speed.

First announced in 2017, Nexledger is a blockchain platform built for enterprise. It empowers organizations to take control of distributed transactions securely and conveniently.

In a press release dated February 14, Samsung SDS said that it has developed Nexledger Accelerator, which can be applied to Hyperledger Fabric – an open source cross-industry blockchain technology.

“Samsung SDS tested the Nexledger Accelerator in Hyperledger Fabric last December and found that the transaction processing speed was significantly improved,” it added.

In addition, Samsung SDS said that it is continuing its collaboration with IBM in support of advancing Hyperledger Fabric. It added that it is actively contributing its new "Accelerator" code to the open source community.

The company announced a new white paper co-written with IBM. Called “Accelerating Throughput in Permissioned Blockchain Networks,” the paper validates the applicability of Accelerator to Hyperledger Fabric, provides a roadmap and also illustrates performance improvement in terms of transactions per second.

Samsung SDS further said that it will prepare to become IBM’s key go-to-market reseller partner of IBM Blockchain Platform in Korea.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $7,957.47 (+9.23%)
  • Ethereum (ETH) $254.76 (+7.97%)
  • XRP (XRP) $0.403500 (+8.01%)
  • Bitcoin Cash (BCH) $415.00 (+14.73%)
  • Litecoin (LTC) $94.32 (+8.27%)
  • Bitcoin (BTC) $7,957.47 (+9.23%)
May 17, 2019 (Friday)
12:42
Crypto Technicals: XMR/USD holds 21-EMA support, bearish divergence on RSI and Stochs weighs
11:22
Crypto Technicals: ETH/USD hovers around 5-DMA, overbought conditions may lead to further unwinding
10:53
Banking giants to invest $50M in blockchain-based settlement project: Report
10:20
Crypto Technicals: BTC/USD extends correction, eyes 5700 on break below 21-EMA support
09:53
Crypto exchange Coinbase in talks to acquire Xapo for $50M: Report
09:50
Blockchain startup Ripio launches crypto-fiat exchange and OTC desk
08:50
Sirin Labs allows FINNEY users to purchase crypto with credit cards via Simplex integration
08:50
Crypto-backed Brave Browser seeks over $30M in funding round: Report
06:59
Cryptocurrency exchange Bitfinex granted motion to modify injunction
06:58
Poloniex to stop offering 9 crypto assets in U.S. over regulatory uncertainty
06:04
ECB invites paper submissions on crypto, stablecoin, and DLT for payments conference
04:44
Louis Vuitton owner LVMH unveils blockchain provenance platform ‘AURA’ for luxury industry
04:29
Industry groups, fintech want Reserve Bank of India to consider including cryptocurrency in sandbox
03:56
HKMA, BoT enter fintech collaboration, hint at joint central bank digital currency project
03:54
French Producer Dominique Boutonnat recommends blockchain technology in the film industry
02:55
Quoine-owned Liquid ties up with Virtual Currency Partners to enter US market
02:19
One-third of the world’s Ether is owned by only 376 people: Chainalysis
May 16, 2019 (Thursday)
11:38
Crypto Technicals: Bitcoin Gold consolidates below 61.8% Fib, 'Golden Cross' keeps bias bullish
11:14
Crypto exchange Seed CX adds support for PAX, USD Coin and TrueUSD
11:03
Crypto Technicals: ETH/USD edges lower from 8-month highs, potential 'Shooting Star' keeps scope for weakness
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft