Symbiont Releases Enterprise-Ready Distributed Ledger

Smart contracts platform Symbiont has announced the release of its software development kit for Assembly, the permissioned distributed ledger component of Symbiont’s smart contracts system. The high performance Byzantine fault-tolerant distributed ledger focuses on security and is able to process a sustained 80,000 transactions per second in a regional multi-node network. This result corresponds to the maximum performance measured in academic studies of the consensus protocol used by Assembly.

Adam Krellenstein, Symbiont’s co-founder and CTO, commented: “Decentralized systems no longer have to be slow. With Assembly, we’ve proven that. We’ve proven that we can build a fast, secure and powerful distributed ledger capable of meeting the high demands of institutional finance. Assembly is now available to developers struggling to achieve an institutional-quality distributed ledger, and we welcome inquiries from those wishing to build blockchain applications on it.”

 

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