Scalability On The Blockchain - Is There A Solution?
December 17, 2018
Enterprises want blockchain. In fact, 84% of executives say their companies are actively involved in this emerging technology. However, enterprises have not yet been able to efficiently implement it. The main issue seems to be scalability, according to reports, 40% of executives see scalability in blockchain technologies as a major issue for enterprise implementation. Conversely, only 7% of blockchain technology companies see this as a major issue and they seem to be out of touch with the perceived needs of enterprises. With this considered, it’s not much of a surprise that around 60% of executives said implementing blockchain was more difficult than they had originally imagined.
However, BEXAM is a new platform which claims to address these needs. This is a hybrid blockchain/DAG platform that creates custom blockchain solutions for enterprises. Their position amongst the competition is their 0.2s block times and 40 million transactions per second (TPS) rate. Through their ability to scale and their subsequent solution to enterprises, Bexam strives to better uncover the multitude of uses that blockchain can provide to the world.
Bexam infographic on blockchain scalabilityBEXAM
One of BEXAM’s main requisites upon inception was to solve the overarching problem of scalability in blockchain. But, by reconciling features of blockchain and DAG technology, Bexam states that it is able to maintain high speeds and scale to the unique needs of large businesses.
Read more at Forbes