VMware Blockchain

2020: Full-scale commercial start of the platform

In November, 2020 full-scale commercial start of corporate blockchain- VMware the Blockchain platform took place. Thanks to this solution of the company can develop a blockchain network and the decentralized applications.

In VMware carried the following to advantages of the product:

• Reliability of a corporate class: provide reliability of processes of operation, including scalability of a corporate class, convenient deployment, monitoring and management, the round-the-clock support of the Production level and a global scope.

• Flexibility and expansibility: unroll the platform in a cloud, the local or hybrid environment. Create the private and permitted networks for support of several languages of smart contracts on one platform.

VMware started the platform which allows the enterprises to create a blockchain network and applications

• Expanded attributes of a blockchain: set trust, saving confidentiality in networks with multilateral access; provide the decentralized platform of trust with a fast algorithm of consensus, technology of the distributed register and the virtualized computing modules for the decentralized applications.

• Performance and scalability: take such advantage of the platform as high performance, scalability, reliability, fault tolerance and upgradeability. Implement management tools on a global scale.

The Australian stock exchange became the first company which implemented the VMware Blockchain platform.

The international financial technical-company Broadridge Financial Solutions also uses the solution of VMware for development of "solutions on the basis of blockchains for conversion of infrastructure of the capital market", according to the head of a repository of DLT Broadridge Horacio Barakat. He added that the platform allows the company "model and provide observance of multilateral agreements on the scalable Byzantine failsafe platform". ^[1]