California-based blockchain start-up Manifold Technology has announced today the release of its Manifold Platform. The company’s patented distributed ledger platform is publicly available to provide a foundation on which anyone for anyone to build enterprise-ready, blockchain-enabled application.
The platform has already been used to transform the Royal Bank of Canada’s rewards program, as well as to enable member banks of the R3CEV consortium to demonstrate instantaneous trading of fixed income assets. Manifold’s platform is able to handle over 10,000 transactions per second in operational environments. Possible uses of the platform include creating an asset exchange, payments infrastructure, or any other type of asset management or settlement application.