New technology offers flawless execution within permissioned
blockchain digital ledger technologies such as Hyperledger Fabric
and R3 Corda
SAN RAMON, Calif., June 29, 2021 /PRNewswire/ -- WANdisco (LSE:
WAND), the LiveData company, announced today the availability of
its Distributed Coordination Engine (DConE) to provide highly
secured and reliable transactionality for permissioned blockchains
(i.e. digital ledgers) within the financial sector, and other
business critical applications and use cases.
This new use of DConE, the only commercialized version of the
Paxos algorithm, will offer a guaranteed fault-tolerant alternative
to the Raft algorithm, commonly used in digital ledger technologies
such as Hyperledger Fabric and R3 Corda. Serving as the basis of
WANdisco's solutions, DConE has been previously used to
provide:
- Multi-site replication of Subversion and Git repositories
- The migration and replication of business-critical data to
cloud service providers such as Microsoft Azure and AWS
- Keeping Hadoop-compatible file systems, Apache Hive and
Databricks data consistent across on-premises and multi-cloud
environments
"After our success in coordinating software collaboration, and
LiveData migration and replication to the cloud, we saw an
opportunity to provide DConE as a solution for enterprises
requiring high availability of their distributed ledgers," said Dr.
Yeturu Aahlad, Co-founder and Chief Scientist, WANdisco. "DConE is
based on the Paxos algorithm, which is the gold standard of
consensus algorithms. The new application is a natural extension of
this unique and powerful technology, and gives blockchain
application customers the peace of mind that their systems are
guaranteed to never break."
Dr. Aahlad commercialized the Paxos algorithm to make the
internet more efficient, trusted and reliable for business critical
use cases. Aahlad and WANdisco's other co-founder, CEO David Richards, realized the cloud was going to
play a huge part in advanced analytics. DConE was created to be the
differentiated technology underpinning WANdisco LiveData Cloud
Services, the only automated cloud migration platform on the market
recommended by Microsoft and AWS for Hadoop-to-Cloud migration.
WANdisco's patented consensus technology works by requiring the
storage points across its network to approve any transaction that
may be entered. Multiple transactions can be processed
simultaneously enabling a more scalable distributed ledger with
shorter lag times for transactions than typical blockchain
frameworks.
"We are very excited to offer DConE as a new consensus option
for permissioned blockchains and digital ledger technologies," said
Richards. "This new application will continue WANdisco's mission to
deliver technology that empowers customers to benefit from the
freedom of data, regardless of location and when it's needed.
We look forward to developing partnerships to further make this
technology available in other frameworks."
About WANdisco
WANdisco is the LiveData company. WANdisco solutions enable
enterprises to create an environment where data is always
available, accurate and protected, creating a strong backbone for
their IT infrastructure and a bedrock for running consistent,
accurate machine learning applications. With zero downtime and zero
data loss, WANdisco LiveData Platform keeps geographically
dispersed data at any scale consistent between on-premises and
cloud environments allowing businesses to operate seamlessly in a
hybrid or multi-cloud environment. For more information on
WANdisco, visit www.wandisco.com.
Media Contact
Josh Turner
Silicon Valley Communications
turner@siliconvpr.com
+1 (917) 231-0550