Today: March 22, 2018, 10:49 pm

Zilliqa and Global Brain Blockchain Labs Announce Strategic Partnership 2017-12-07 01:02:02

One of Japan’s largest and most successful Venture Capital firms has announced a strategic partnership with the anticipated high-speed blockchain platform being developed by researchers from Singapore.

Zilliqa and Global Brain Blockchain Labs Announce Strategic Partnership

Media Contact:
for Zilliqa
Addison Huegel, +1-415-315-9629

Zilliqa, a highly anticipated blockchain platform based on the technology of sharding, has announced a partnership with GB Blockchain Labs (GBBL), the blockchain arm of Global Brain, one of the largest VC firms in Japan. Zilliqa will also be part of the Global Brain Alliance Forum 2017 to be held in Tokyo on December 8.

“We are excited that such a prestigious organization like GB Blockchain Labs has decided to officially partner with Zilliqa,” said Xinshu Dong, CEO of Zilliqa. “Together, with our amazing team, advisors, and other amazing partners, we are confident that the technology we will be bringing to the world of blockchain in the coming months will be really successful.”

GB Blockchain Labs, which was recently announced to foster community driven blockchain ecosystems, is the blockchain arm of Global Brain, as one of the largest and most successful venture capital firms in Japan. Their partnership with Zilliqa represents their commitment to nurturing promising blockchain companies.

“Zilliqa is a very promising technology that could have huge impact on the world of blockchain in the coming years,” said Takashi Sano of GB Blockchain Labs. “We look forward to providing guidance to their tremendous team moving forward.”

Zilliqa’s core technology stems from research done at the National University of Singapore to solve the issue of scalability of blockchains, one of the most pressing problems facing the technology today. The new platform they have developed is based upon the technology of sharding that was originally proposed by the research team in an academic paper in 2015.

Zilliqa has already built a working platform and has recently announced that their internal testnet has reached a peak throughput of 2,488 transactions per second (TX/s). For perspective, if Zilliqa were fully operational on the same number of computer nodes as Ethereum (~22,000) their transaction rate would be over 15,000 TX/s, nearly double the average of VISA, the largest electronic payment network in the world.

Learn more at:

Press Information

Published by
Hossam Abdel-Kader
+43 1 9582319

# 545 Words
Related Articles
More From The Author
Addivant Announces Price Increase on Selected Antioxidants [..]
DANBURY, Conn., Dec. 06, 2017 (GLOBE NEWSWIRE) -- Effective immediately or as contract terms allow, Addivant(TM), a global leader [..]
FXCM Group Reports Monthly Metrics
NEW YORK, Dec. 06, 2017 (GLOBE NEWSWIRE) -- FXCM Group, LLC ("FXCM Group" or "FXCM"), a leading international provider [..]
Eastern Property Holdings Limited (EPH) announces the [..]
Eastern Property Holdings Limited (EPH) / Eastern Property Holdings Limited (EPH) announces the financing for the upcoming closing [..]
Paysafe Rated as One of Canada’s Top [..]
Paysafe, a leading global payments provider, has been named winner of a Glassdoor Employees’ Choice Award : The latest Glassdoor [..]
Global SD-WAN Market Leader, Aryaka Names Mike [..]
SAN MATEO, Calif., Dec. 06, 2017 (GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today that Mike [..]
More From Business
RCBC Bankard launches new Platinum card with [..]
Manila, Philippines and Tokyo, Japan, Mar 22, 2018 - (ACN Newswire) - JCB International Co., Ltd. (JCBI), the international operations [..]
Project Laneways Offers Change Management Courses in [..]
Project Laneways has announced it will be conducting change management courses in Canberra in May. The Change Management Foundation [..]
Jaguar Leaps Onto The SUV Bandwagon With [..]
When it came to jumping on the SUV bandwagon, it was inevitable that Jaguar would make the leap; after all, [..]
Bright Light Stocks Independent Control Systems for [..]
Through their website Bright Light provides a range of independent control systems that will provide both hardwired and wireless [..]
Easy, Convenient and Time-saving: Steam Cleaning Without [..]
Kärcher Steam Cleaners give you the experience of cleaning chemical-free, killing 99.99% of common household bacteria, santitise [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.