Swirlds Unveils SDK to Build Serverless, Secure Apps in the Cloud

Swirlds Unveils SDK to Build Serverless, Secure Apps in the Cloud
11.08.2016 02:00 pm

Swirlds Unveils SDK to Build Serverless, Secure Apps in the Cloud

Cloud , IT Innovations , Infrastructure

Swirlds, building the trust layer for the internet, today released the Software Development Kit (SDK) for the hashgraph distributed consensus platform, which is free for download. The Swirlds software development platform goes beyond blockchain, providing capabilities not previously possible with existing technology, to build and run shared worlds—fully distributed applications that harness the power of the cloud without servers. With Swirlds, developers build applications that rapidly achieve consensus, resulting in fair, fast, proven and efficient transactions without any single point of failure.

Hashgraph technology – Fair, Fast and Proven

Swirlds removes the obstacles inherent in blockchain technology. Blockchain is inefficient and does not enforce fairness. It can be challenged with high latency and probabilistic consensus, which often requires costly and wasteful mining.

In contrast, with Swirlds, transactions are:

· Fair: As Swirlds does not rely on miners, Swirlds applications ensure the actual order of transactions is the consensus order, and all transactions are included.

· Fast: Swirlds does not require “proof–of-work.” Transactions happen in milliseconds, instead of minutes or hours.

· Proven: Developers and users quickly receive absolute proof of the consensus results of their actions for 100 percent order certainty.

Leveraging the hashgraph distributed consensus algorithm, the Swirlds platform enables developers to efficiently create always-available, serverless distributed applications of unlimited scope and scale.

“Developers want to create trusted, distributed applications that are not controlled by any single organization, for uses such as distributed identity directories, online auctions, stock markets, cryptocurrencies, and multiplayer games,” said Dr. Leemon Baird, founder and CEO of Swirlds. “Using the power of Java, developers build smart contracts and can go beyond to build entire shared worlds. This is the first time these concepts have been brought together on a single platform.”

Related News

Colt offers Microsoft SaaS customers access to its IP Access service

Colt Technology Services has today announced the launch of its ... Read more »

Compass Plus partners with AWS to offer processing in the cloud

Compass Plus has announced that it has teamed up with AWS to utilise the latest advancements of cloud-based deployment. The vendor of payments... Read more »

Xignite Launches Suite of Enterprise Microservices to Help Financial Institutions Move Market Data Management to the Cloud

Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, today... Read more »

Cloud9 and SteelEye Partner to Address Voice Trading Compliance Challenges amid Remote Working Conditions

Cloud9 Technologies (“Cloud9”), a leader in cloud-based communications, has integrated with SteelEye, a leading regulatory technology and data analytics provider, to offer the... Read more »

Royal Bank of Scotland (RBS) Leverages Mphasis’ Testing Centre of Excellence to Support Business Alignment Objectives

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in ... Read more »

Mphasis named one of the UK’s Top 50 fastest-growing Indian companies

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel