Haidrun Steps into Blockchain Market with Introduction of its Next-Gen Enterprise Solution
Haidrun’s innovative technology is designed to bridge this gap and explicitly target the needs of enterprise customers, with early generations of blockchain giving robustness and confidence at the sacrifice of confidentiality, performance, and cost.
FREMONT, CA: A technology start-up, Haidrun has announced its arrival in the fast-growing blockchain market with the introduction of its new Haidrun private blockchain platform. Haidrun’s innovative technology is designed to bridge this gap and explicitly target the needs of enterprise customers, with early generations of blockchain giving robustness and confidence at the sacrifice of confidentiality, performance, and cost.
“Private blockchains are more suitable for enterprises for reasons of scale, accountability and cost,” says Jonas Lundqvist, CEO, and Founder, Haidrun. “They can be run and operated as Blockchain-as-a Service (BaaS) or by the enterprise itself and are usually set up for reasons of privacy, where a business does not want to allow every participant full access to its entire blockchain contents.”
The Haidrun platform is a non-open-source, private blockchain that is adaptable and scalable. It is built on a cutting-edge design that employs AI engines to deliver new levels of performance and functionality. As a result, Haidrun will help expedite intelligent business automation and establish new revenue streams with secure and transparent transactions in areas like telecommunications, health, insurance, and supply chain, which have been slow to embrace public blockchain technologies.
“Our fundamental value proposition with the Haidrun platform is to unlock the real business benefits of blockchain to provide the fast, secure, scalable and cost-effective solutions that digital commerce demands,” says Lundqvist. “Blockchain technology stands to boost the global economy by $1.7 trillion in the next decade according to a report published last year by PwC and we believe that enterprise blockchain deployments will deliver much of these gains.”
With three fundamental features: container technology, dynamic block sizing, and a new sophisticated blockchain protocol, Larad, which uses a quick and efficient voting-based consensus process, Haidrun removes much of the complexity of public blockchains and provides corporate scalability. In conjunction with the integrated AI engines, these characteristics enable the next generation of smart contracts, which can be readily connected and interoperated with other enterprise systems, databases, and blockchains using conventional REST APIs.
Haidrun provides full responsibility for external audits, for example, as a private blockchain. This is impossible to achieve on public platforms, where no one is in charge, and anyone may download the software, set up a node, examine the ledger, and interact with the blockchain. Private networks also provide:
The elimination of unlawful activities.
A high level of regulation.
The avoidance of the variable costs and performance swings associated with public platforms.