Optalysys launches world-first blockchain server

Leeds-headquartered computing firm Optalysys has launched the world’s first devoted enterprise-grade server for blockchain, known as LightLocker Node.

The platform is designed to allow Absolutely Homomorphic Encryption (FHE) and confidentiality on any transaction.

LightLocker Node permits encrypted information to be processed straight on blockchain with out decryption.

It maintains the decentralisation that blockchain presents, whereas including the confidentiality, efficiency and scalability required for widespread enterprise adoption of FHE.

With the flexibility to course of over 100 encrypted transactions per second, LightLocker Node gives the efficiency wanted to effectively help real-world use instances akin to confidential token switch, non-public lending and automatic market markers.

Out there as an entire server answer, LightLocker Node makes use of 40% much less power than conventional graphics processing models (GPUs).

Dr Nick New, chief government of Optalysys, stated: “Blockchain has the potential to underpin not simply the way forward for monetary companies, however the subsequent era of the web itself.

“Nonetheless, its lack of confidentiality has held it again from widespread enterprise adoption, particularly in monetary companies.

“For blockchain applied sciences to be adopted at scale, infrastructure that helps confidential computing is crucial.”

The worldwide blockchain market is projected to succeed in $248.9bn (£183bn) by 2029 as corporations develop infrastructure for widespread adoption.

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