BlueBarricade™ Reaches New Threshold in Blockchain Technology With 1,400 Transactions per Second – PRNewswire

BlueBarricade™ Reaches New Threshold in Blockchain Technology With 1,400 Transactions per Second – PRNewswire

STOCKHOLM, July 2, 2021 /PRNewswire/ — The blockchain accelerator – developed on IBM Blockchain Platform by Sweden-based software house BlueBarricade Blockchain & AI Technology AB – has achieved new performance levels in the global market for high-speed enterprise blockchain. Performance tests have been conducted with the support of HCL and IBM.

“We are excited to bring forth our ground-breaking efforts that show a consistent result of 1,400 blockchain transactions per second on the BlueBarricade blockchain accelerator,” says Mikael Bramstedt, innovator and founder of BlueBarricade Blockchain & AI Technology AB.

Global demands on the high-speed enterprise blockchain market are growing. Research and advisory company Gartner made predictions that blockchain technology will create business values at a level of 3.1 trillion USD by the year 2030. (Source) As enterprise adoption of blockchain continues to scale, it will require increasing transaction speeds and the ability
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