Two years in the making, Dell subsidiary VMware has developed an open-source blockchain infrastructure, dubbed Concord, it says is scalable and energy efficient.
“We are thrilled to join the robust and thriving open source blockchain community and together deepen and broaden a shared blockchain vision focused on true trust decentralization,” senior researcher Guy Golan Gueta wrote in a company blog post.
That blog post is heavy on the technical. According to Gueta, Concord “uses Byzantine fault-tolerant consensus protocols to deliver a functioning distributed trust system: one that is both ‘safe’ and ‘alive.'” One thing that is clear is the people behind Concord will be adding “many more components” in the next few months.