6701) announced that it has joined Hyperledger as a Premier member, emphasizing
NEC’s commitment to leverage its innovative research to both advance blockchain
technology as well as its global adoption.Hyperledger is an open source collaborative
effort created to advance blockchain technologies and services around the globe
by addressing important features for a cross-industry open standard for
distributed ledgers.
Recent years have seen an increasing focus on
devising novel secure and scalable blockchain platforms that address the needs
of many industrial use cases. NEC has been leading academic research on
blockchain security since the introduction of the Bitcoin system.
In December 2016, NEC Laboratories Europe
released, together with Aalto University, a novel blockchain consensus
technology based on Byzantine fault tolerant protocols. This technology builds
on hardware-based trusted execution environments and combines their use with
lightweight secret sharing. NEC’s technology can achieve a throughput over
100,000 transactions per second – making it the world’s fastest and most
scalable Byzantine fault tolerant protocols to date.
“NEC’s global reach will be a huge asset,
as we continue to grow the commercial ecosystem for Hyperledger
technologies,” said Brian Behlendorf, Hyperledger Executive Director.
“We welcome NEC and look forward to collaborating with them to help
develop an open, distributed ledger technology that makes business processes transparent
and solves interoperability across many industries.”
“NEC is promoting the transformative
benefits of blockchain technology and advancing its adoption by contributing
our expertise and knowledge to the Hyperledger community,” said Dr.
Juergen Quittek, Vice President at NEC Laboratories Europe.
About NEC Corporation
NEC Corporation is a leader in the integration
of IT and network technologies that benefit businesses and people around the
world. By providing a combination of products and solutions that cross utilize
the company’s experience and global resources, NEC’s advanced technologies meet
the complex and ever-changing needs of its customers. NEC brings more than 100
years of expertise in technological innovation to empower people, businesses
and society. For more information, visit NEC at http://www.nec.com.
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