A breakthrough to adopting blockchain technology for global business and massive transaction volumes
updated: Jul 5, 2021 09:13 EDT
July 5, 2021(Newswire.com) –
Next a productive performance exam of 1,400 transactions for each second on an IBM Blockchain Platform, BlueBarricade™ has issued an investor presentation for new traders. The information was stated in a press launch past week and is a breakthrough to adopting blockchain technology for worldwide company and massive transaction volumes.
Sweden-primarily based program home BlueBarricade Blockchain & AI Technological innovation AB (publ) points out that the urgency of implementing blockchain technology on a significant scale simply cannot be overstated. In spite of a predicted market value achieving up to 3.1 trillion USD by the yr 2030 (Resource: Gartner), slow speed and lousy scalability of blockchain have restricted the deployment amount.
With the latest efficiency exams carried out by BlueBarricade, supported by IBM and HCL Technologies, these difficulties have been addressed, exhibiting a result of 1,400 transactions per 2nd on significant multi-tenant installations.
At BlueBarricade’s AGM on June 17 of 2021, it was resolved to give the board authority to make a direct difficulty of shares up to 9% of the present 5,418,309 shares, resulting in 487,000 new shares and a total of 5,905,309 shares. Challenge volume is 100 MSEK. BlueBarricade even further states in the trader presentation that the bulk of merchandise progress is finished and the money will be made use of in constructing customers and application advertising and marketing around the globe.
For far more information and facts, be sure to get in touch with:
Govt Chairman Of The Board, on behalf of BlueBarricade Blockchain & AI Technological innovation AB
+46 () 705 161665
Resource: BlueBarricade Blockchain & AI Technological innovation AB (publ)