Blockchain
Haidrun enters blockchain market with next-gen enterprise solution
New private blockchain platform with AI delivers scale, privacy and cost savings to drive intelligent business automation and new revenue streams for business
25 May 2021: Tech start-up Haidrun has announced its arrival in the fast-growing blockchain market with the launch of its new Haidrun private blockchain platform. With early generations of blockchain offering robustness and trust, but at the expense of confidentiality, performance and cost, Haidrun’s new technology is designed to bridge this gap and specifically address the needs of enterprise customers.
The Haidrun platform is a non-open source, flexible and scalable private blockchain, built on an advanced architecture that uses AI engines to deliver new levels of performance and capability. For markets such as telecoms, health, insurance and supply chain, which have not been quick to embrace public blockchain solutions, Haidrun will help accelerate intelligent business automation and create new revenue streams with secure and transparent transactions.
Haidrun removes much of the complexity of public blockchains and ensures enterprise scalability with three core features: container technology, dynamic block sizing and a new advanced blockchain protocol, Larad, which uses a fast and efficient voting-based, consensus algorithm. Working together with the integrated AI engines, these features deliver the next generation of smart contracts and with standard REST APIs, easily integrate and interoperate with other enterprise systems, databases and blockchains.
“Private blockchains are more suitable for enterprises for reasons of scale, accountability and cost,” says Haidrun CEO and founder Jonas Lundqvist. “They can be run and operated as Blockchain-as-a Service (BaaS) or by the enterprise itself and are usually set up for reasons of privacy, where a business does not want to allow every participant full access to its entire blockchain contents.”
As a private blockchain, Haidrun also supports full accountability for external audits, for example. This is not possible using public platforms where there is no entity in charge and anyone can download the software, form a node, view the ledger and interact with the blockchain. Private networks also retain control, eliminate illicit activities, provide a high degree of regulation and avoid variable costs and performance fluctuations associated with public platforms.
“Our fundamental value proposition with the Haidrun platform is to unlock the real business benefits of blockchain to provide the fast, secure, scalable and cost-effective solutions that digital commerce demands,” said Lundqvist. “Blockchain technology stands to boost the global economy by $1.7 trillion in the next decade according to a report published last year by PwC and we believe that enterprise blockchain deployments will deliver much of these gains.”
About Haidrun
Swedish-based Haidrun was founded in 2019 to develop the next generation of blockchain technology to specifically address the needs of enterprise customers. The result is the Haidrun enterprise blockchain platform that combines powerful private Distributed Ledger Technology (DLT) blockchains with Artificial Intelligence (AI) engines to deliver rapid transaction speed, security and scalability, interoperability with existing systems and significant cost reduction. The advanced features of the Haidrun platform unlock the real business benefits of blockchain and can be deployed on-premise or as a Blockchain-as-a-Service solution.
For more information, go to www.haidrun.com or [email protected]
For press information and images, contact:
Peter Rennison or Rachel Williams, PRPR
+ 44 (0)1442 245030, [email protected] / [email protected]
Source: RealWire
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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