WSSN, Author at Wall Street Strategy News

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Press Release

Metallic Minerals to Webcast Live at VirtualInvestorConferences.com July 29th

WSSN - July 21, 2021

Cryptocurrency

KCC Bridge Goes Live to Enable Token Cross-Chain Swap Between KCC...

WSSN - July 16, 2021

Press Release

Seabourn Ovation To Operate From Miami For The First Time Starting...

WSSN - July 14, 2021

Press Release

Riot Blockchain Bitcoin Production Jumps More Than 400% Year-on-Year Amidst Mining...

WSSN - July 11, 2021

Press Release

The United States Air Force and Drone Racing League Expand Partnership...

WSSN - July 7, 2021

Real Estate

Lansing Companies Purchases 1,500 Acres in Reno, NV

WSSN - July 6, 2021

STOCKHOLM, July 2, 2021 /PRNewswire/ -- The blockchain accelerator - developed on IBM Blockchain Platform by Sweden-based software house BlueBarricade Blockchain & AI Technology AB - has achieved new performance levels in the global market for high-speed enterprise blockchain. Performance tests have been conducted with the support of HCL and IBM. BlueBarricade Blockchain & AI Technology AB (publ) BlueBarricade Blockchain & AI Technology AB (publ) "We are excited to bring forth our ground-breaking efforts that show a consistent result of 1,400 blockchain transactions per second on the BlueBarricade blockchain accelerator," says Mikael Bramstedt, innovator and founder of BlueBarricade Blockchain & AI Technology AB. Global demands on the high-speed enterprise blockchain market are growing. Research and advisory company Gartner made predictions that blockchain technology will create business values at a level of 3.1 trillion USD by the year 2030. (Source) As enterprise adoption of blockchain continues to scale, it will require increasing transaction speeds and the ability to support large transaction volumes, while also ensuring a highly secure environment. With recent performance tests conducted by BlueBarricade, with the support of HCL and IBM, speed and scalability have now been improved. The tests took place at individual locations with an international test team, focusing on performance goals and functionality respectively. (For technical details, see footnote below.) "Five weeks of testing was a success in reference to the goals that were set up for the project," says Lars Bäck, co-founder of BlueBarricade. "Our product can consistently perform 1,400 blockchain transactions per second on large multi-tenant and multi-peer installations." State-of-the-art technology Not only could this be a breakthrough in technology that changes transactions and global information sharing, it even surpasses BlueBarricade's previous goal, which was projected at 1,000 transactions per second. By utilizing both the native power and security standard of IBM Z, with state-of-the-art Red Hat OpenShift and Kubernetes container orchestration technology, BlueBarricade's accelerator creates a secure and scalable blockchain solution for virtually any industry. It further greatly reduces the complexity as it can be deployed as a Hybrid Cloud service or on-prem directly. "Traceability, security, trust and transparency have been the main benefits of using blockchain technology for years," adds Mikael Bramstedt. "The new and ground-breaking efforts of BlueBarricade enable enterprises to build next-generation business applications, creating the digital economy of tomorrow." For more information, please contact: Lennart Molvin Executive Chairman of the Board, on behalf of BlueBarricade Blockchain & AI Technology AB lennart.molvin@bluebarricade.com +46 (0) 705 161665 Related Files BB-Pressrelease July1st2021-Final.pdf Related Images image1.jpg SOURCE BlueBarricade Blockchain & AI Technology AB

Press Release

BlueBarricade™ Reaches New Threshold in Blockchain Technology With 1,400 Transactions per...

WSSN - July 2, 2021

Smithsonian’s National Air and Space Museum

Press Release

National Air and Space Museum Exceeds Halfway Mark of $250 Million...

WSSN - July 1, 2021

Press Release

Apricorn Releases 20TB Aegis Fortress L3 SSD, Industry’s Largest Portable, Hardware-Encrypted...

WSSN - June 30, 2021

Press Release

Kroger Delivery Arrives In Florida

WSSN - June 9, 2021

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Metallic Minerals to Webcast Live at VirtualInvestorConferences.com July 29th

WSSN - July 21, 2021

Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com VANCOUVER, BC, July 21, 2021 /...

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KCC Bridge Goes Live to Enable Token Cross-Chain Swap Between KCC and Ethereum

WSSN - July 16, 2021

VICTORIA, Seychelles, July 16, 2021 - A new generation of public chain - KCC (official website: https://www.kcc.io) officially launched its cross-chain bridge, the KCC Bridge....