Leeds-headquartered computing company Optalysys has launched the world’s first dedicated enterprise-grade server for blockchain, called LightLocker Node.
The platform is designed to enable Fully Homomorphic Encryption (FHE) and confidentiality on any transaction.
LightLocker Node allows encrypted data to be processed directly on blockchain without decryption.
It maintains the decentralisation that blockchain offers, while adding the confidentiality, performance and scalability required for widespread enterprise adoption of FHE.
With the ability to process over 100 encrypted transactions per second, LightLocker Node provides the performance needed to efficiently support real-world use cases such as confidential token transfer, private lending and automated market markers.
Available as a complete server solution, LightLocker Node uses 40% less energy than traditional graphics processing units (GPUs).
Dr Nick New, chief executive of Optalysys, said: “Blockchain has the potential to underpin not just the future of financial services, but the next generation of the internet itself.
“However, its lack of confidentiality has held it back from widespread enterprise adoption, especially in financial services.
“For blockchain technologies to be adopted at scale, infrastructure that supports confidential computing is essential.”
The global blockchain market is projected to reach $248.9bn (£183bn) by 2029 as companies develop infrastructure for widespread adoption.
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