A modified version of bitcoin’s software is now available for enterprise use.
Built over the course of almost four years by venture-backed startup Coin Sciences, the open-source MultiChain 1.0 software is said to inherit much of the security and stability of its predecessor, but with differences designed to make it more suitable for corporate users.
Launched today, MultiChain is claimed to enable networks of users to conduct 1,000 transactions per second – a volume the startup argues is required by prospective clients.
As part of the 1.0 launch, Coin Sciences has also unveiled 14 new members of its partner program, including multinational consulting firm Cognizant and Medici Ventures, the Overstock.com subsidiary behind the tØ blockchain stock exchange.
The latest among a string of private blockchain offerings seeking to entice open-source developers, MultiChain 1.0 is designed to let corporations more easily leverage tools originally designed for bitcoin.