A private permissioned network for faster and economic transactions
Permissioned but transparent blockchain network with Istanbul Byzantine
Fault Tolerant (IBFT) consensus algorithm designed to handle high volume
Our goal was to develop a blockchain network with smart contract (programmable) based fee mechanism so each application can implement their own fee model, without compromising on security and transaction speed.
- Build on top of Quorum for faster payments
Because of its permissioned and enterprise nature, we chose Quorum blockchain as our starting point. We added a layer on top to provide a programmable fee mechanism and are currently working on increasing the network’s capacity with the help of Zero Knowledge (ZK) rollups.
Integrated Blockchain Technology (IBTech.io) is the primary business that commercializes the distribution and use of the world’s most stable unit, the GSU. It is based in Denmark and focused on end-user applications based on blockchain technology.