Assembly required: Symbiont pitches new blockchain

October 18th, 2016

“I prefer true but imperfect knowledge, even if it leaves much undetermined and unpredictable, to a pretense of exact knowledge that is likely to be false.” – Friedrich Hayek



Blockchain implementation just got a step closer to being faster and simpler.

Today we finally get a closer look at Assembly, Symbiont’s secretive “dedicated distributed ledger”, which uses containerized code and a streamlined consensus system to enable smart contracts that the startup claims can rapidly deploy across a wide range of blockchains and sectors.

With its fast transactions and ease of proof-of-concept creation, this could have significant impact for a broad spectrum of financial services. Could it also be a sign of an industry shift away from custom private blockchains towards the commodification of blockchain-as-a-service? (Read the full story here.)



What else?

· DCU joins the Chamber of Digital Commerce. Sector shift?

· Equity swaps blockchain testing by big financial firms. Who?

· Increasing blockchain activity amongst India’s banks. Strong interest.

· Is a SegWit release imminent? Could be.

· Will tomorrow’s ethereum fork be like the last one? Probably not.

· A new approach to blockchain identity gets $3m funding. Biometric.



 
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