VMware has announced the commercial availability of VMware Blockchain platform. The platform will provide a digital foundation for enterprises to build business networks and deploy business-critical decentralized applications.
VMware Blockchain provides businesses an extensible and scalable enterprise-grade platform to unlock data silos and free up data to flow securely, privately and instantaneously.
Brendon Howe, Vice President and General Manager, Blockchain, VMware, commented:
“We have been focused on building an enterprise-grade blockchain platform that meets the most stringent application requirements of the financial services industry and other mission-critical distributed workloads that require reliable and high-performance blockchain services,
VMware Blockchain delivers to customers the enterprise features they need for production today and the flexibility to adapt to future needs in the rapidly evolving blockchain space.”
VMware Blockchain’s Scalable Byzantine Fault Tolerance (SBFT) is designed to solve the problems of scale and performance in blockchain solutions while preserving fault-tolerance and defense against malicious attacks. SBFT maintains decentralized trust and supports ongoing governance in multi-party networks.
As the enterprise-grade platform for multi-party processes, VMware Blockchain brings a unique advantage of a layered architecture that decouples the ledger from the smart contract language. VMware Blockchain supports DAML, an open source smart contract language created by VMware Blockchain technology partner, Digital Asset. VMware Blockchain’s platform architecture includes a virtual smart contract execution engine that is designed to easily extend the platform to support additional smart contract languages.
