HP Enterprise announced Mission Critical Distributed Ledger Technology (DLT), a blockchain as-a-service (aaS) solution that enables customers to run distributed ledger workloads on the highest availability enterprise platforms. This is the first product in the HPE Mission Critical Blockchain family. The HPE blockchain solution will be commercially available early next year.
According to Hewlett Packard’s press release, Mission Critical DLT is a blockchain solution with wide applicability across industries, used to record transactions across a decentralized network of computers.
Developed in partnership with software firm R3 and introduced as-a-service solution, the product will provide enterprises with the necessary infrastructure to run their own blockchain operations. Per Yahoo Finance, HPE’s distributed ledger technology can supposedly be used on a larger scale than bitcoin and ethereum blockchains. The product will be commercially available in early 2018.
“Enterprises evaluating blockchain solutions are finding that generic infrastructure and public cloud environments cannot support the requirements they need in terms of performance, security, scalability and resiliency. HPE’s Mission Critical DLT solution offers availability and fault protection for enterprise-grade applications. This solution includes Scalability and SQL integration that cannot be realized with workloads running in a public cloud environment or generic infrastructure,” the press release reads.
The Mission Critical DLT solution is offered on HPE Integrity NonStop servers, which reportedly process two out of every three credit card transactions in the world.
“Enterprises interested in blockchain are realizing that public cloud alone does not always meet their non-functional requirements. As they look to scale, they recognize that, for mission-critical processes, on-premise infrastructure must be part of the mix of traditional IT, private and public cloud that’s needed to meet the requirements of enterprise-grade blockchain workloads,” Raphael Davison, Worldwide Director for HPE Blockchain, said.
Hewlett Packard Enterprise announced the partnership with R3, in June.
“HPE is excited to be adding DLT to its long history of innovation, so we can help customers meet the challenges they face as they grow and thrive,” the company said, at the time.
Launching a similar service nearly a year and a half ago, IBM leads the blockchain technology space. Microsoft and Oracle have also rolled out blockchain tools and services earlier this year.
HPE blockchain solution – Image source: Hewlett Packard