Technology

'It's not Bitcoin': VMware unveils blockchain beta

VMware rolls out permissioned blockchain designed for the enterprise.

07 November 2018

Virtualisation company VMware has rolled out a permissioned blockchain for enterprise consortiums, which it said will provide the foundation for 'decentralised trust while delivering enterprise-grade scalability, reliability, security and manageability'.

Ray O'Farrell, chief technology officer, said on Tuesday that the company had spoken to its large financial customers, many of whom had indicated their willingness to use blockchain, ‘but in an enterprise, commercial sense’.

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