Manifold releases its high-performance enterprise blockchain platform

Blockchain startup Manifold Technology has announced the release of its Manifold Platform.

The company’s patented platform is high-performance, distributed ledger technology that gives any developer the foundation on which to build faster and more secure applications without needing to become a blockchain expert.

“My co-founder Rob Seger and I got excited about blockchain after playing around with Bitcoin a few years back. But, we knew the public blockchain didn’t offer the speed or security that financial services firms needed. We are very proud to release this platform today so any developer will be able to use blockchain technology at speeds that were unimaginable to us two years ago,” said Manifold CEO Chris Finan.

The platform has already been used to transform the Royal Bank of Canada’s rewards program, as well as to enable member banks of the R3CEV consortium to demonstrate instantaneous trading of fixed income assets. Manifold’s platform is able to handle over 10,000 transactions per second in operational environments. Possible uses of the platform include creating an asset exchange, payments infrastructure, or any other type of asset management or settlement application.