Tokyo, May 21, 2018 --- MUFG and Akamai Technologies, Inc. (“Akamai”) are
pleased to announce the development of a new blockchain service, to realize the
world’s most scalable and fastest payment processing platform with a capacity to
process a million transactions per second and the ability to finalize transactions in less
than 2 seconds. By combining MUFG’s payments business expertise with advanced
blockchain technology implemented on Akamai’s global cloud delivery platform, they
aim to offer a new global payment network1 service from fiscal year 2019 compatible
with IoT and other new technologies.
The new service enables higher transaction speed and processing
capacity by adopting the following system structure:
(1) Achieving high-speed communication between nodes by positioning all nodes
responsible for consensus decision-making on the Akamai Intelligent Platform.
(2) Developing a unique design permitting high-speed and high-capacity creation
and verification of new blocks within nodes.
Tokyo, May 21, 2018 --- MUFG and Akamai Technologies, Inc. (“Akamai”) are pleased to announce the development of a new blockchain service, to realize the world’s most scalable and fastest payment processing platform with a capacity to process a million transactions per second and the ability to finalize transactions in less than 2 seconds. By combining MUFG’s payments business expertise with advanced blockchain technology implemented on Akamai’s global cloud delivery platform, they aim to offer a new global payment network1 service from fiscal year 2019 compatible with IoT and other new technologies.
https://www.mufg.jp/english/vcms_lf/news/pressrelease-201805...
The new service enables higher transaction speed and processing capacity by adopting the following system structure:
(1) Achieving high-speed communication between nodes by positioning all nodes responsible for consensus decision-making on the Akamai Intelligent Platform.
(2) Developing a unique design permitting high-speed and high-capacity creation and verification of new blocks within nodes.