MultiChain 1.0 Released with 14 New Partners

Announcements, Blockchain, FinTech, Innovation | August 3, 2017 By:

UK-based blockchain firm Coin Sciences has released the production-ready version of its private blockchain offering, MultiChain. After two-and-a-half years of intensive, feedback-driven development, MultiChain 1.0 is now available for immediate download for Linux, Windows, and Mac.

The company said MultiChain has received over 60,000 downloads since its first alpha release in June, 2015, more than half of which were during 2017. In March, 2017, the first beta release of MultiChain 1.0 for Linux and Windows was announced. During the four-month beta period, MultiChain was optimized to support over 1,000 transactions per second on a mid-range server.

“We’re delighted to have reached this milestone,” said Coin Sciences CEO and founder Dr Gideon Greenspan. “Developing the first production release of MultiChain has been an immense challenge, and we’ve learned a great deal about our users and their requirements along the way. Work has already begun on MultiChain 2.0, which will be the first version of MultiChain to come in two editions – Community (open source) and Enterprise (commercial). We look forward to continued growth in usage of the product and cooperating with all our partners to help them leverage it for their needs.”

Coin Sciences also announced fourteen new members of the MultiChain partner program, bringing the total number to 43. New members of the partner program include two multinational consulting companies, Cognizant and Indra Sistemas.

The MultiChain partner program consists of two tracks: one for platform developers who are building applications for third parties on the MultiChain platform, and another for those using it in their own proprietary solutions.

“We used MultiChain to build a platform for transferring digital assets between different organizations (from commerce to public administration) in a permissioned network, where all the participants collaborate,” said Víctor Sánchez Hórreo, manager of blockchain and digital transformation at Minsait (Indra Sistemas). “The assets act as a key tool to enable social and economic projects, and the features of MultiChain regarding permission management, quick deployment, and asset creation fit very well with our needs.”