Fujitsu and Accenture Collaboration Accelerates Reliable Blockchain Interoperability.
Collaboration from
Leveraging Fujitsu's proprietary security technology ConnectionChain and Accenture's Blockchain Integration Framework, the project will develop the foundation for a new architecture that will eliminate differences such as the timing of transactions between multiple blockchains, enabling asset transfers and recovery from transaction errors.
The companies will also open source a software development kit (SDK) to easily offer services that integrate multiple blockchains for software developers.
Background and issues
As blockchains are difficult to modify and do not require central management, they are increasingly being used in non-financial areas such as content management and rights management. In a world where real assets are digitized and users directly trade them with each other in various applications that interact with multiple blockchains, a player is required as a starting point of trust in the interconnection. Accordingly, a common platform to protect the transparency and security of such interconnection was required, which also had a general mechanism that could connect multiple blockchain foundations. In
Overview of Hyperledger Cactus
This project will develop the foundation for a new architecture that will eliminate differences such as the timing of transactions between multiple blockchains, enabling asset transfers and recovery from transaction errors. The new open source technology aims to create a modular, extensible system that will enable integration, communication, operations and transactions between different blockchains. The companies will also offer a Software Development Kit(2) as an OSS to easily offer services that integrate multiple blockchains for software developers. For example, by applying the infrastructure of Hyperledger Cactus in car-sharing services, a new service can be created in which a driver can temporarily use a car in exchange for transferring private coins, while linking a car-sharing service blockchain that manages the rights of car usage, with a blockchain handling private coins (Figure 1). Unlike conventional blockchains, which cannot integrate different blockchains or get excess money back from remitted coins, the Hyperledger Cactus framework automatically links different blockchains. Moreover, the technology can monitor the results of such operations, enabling the rapid development of integrated services that combine multiple blockchains.
Figure 1: Integrated service example by linking two blockchains
Figure 1: Integrated service example by linking two blockchains
Future Plans
With Accenture,
Fujitsu Blockchain Innovation Center Fujitsu Develops Security Technology to Safely Connect Blockchains (press release,
[1]
[2] SDK (Software Development Kit) Development tools and libraries used by software engineers.
About Fujitsu
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