Hangzhou, China:
Ant Group Digital Technologies, a digital know-how supplier underneath Ant Group, at present unveiled its blockchain storage engine “LETUS” (Log-structured Efficient Trusted Universal Storage) at the Apsara Conference 2022 in Hangzhou.
This press launch options multimedia. View the full launch right here: https://www.businesswire.com/news/home/20221103005680/en/
Yan Ying, Technical Director of AntChain, unveiled the LETUS at the Apsara Conference (Photo: Business Wire)
LETUS, which was developed and designed by the AntChain staff, will improve the effectiveness and decrease the storage prices for blockchain networks.
Blockchain is a distributed peer-to-peer community, with every node storing knowledge comparable to blocks and states. The LETUS storage engine is deployed at every blockchain node to present trusted storage help. At the similar time, LETUS has the benefits in efficiency, massive scale workloads dealing with functionality, price, and useful resource effectivity by Smart Thermo-control Tiering and Boundary Scan Based Batch Pruning.
“As more and more digital assets are stored on the blockchain, storage capacity and efficiency has increasing impact on the overall performance of blockchain platforms, including transaction speeds and operational costs,” stated Yan Ying, Technical Director of AntChain. “Compared to present mainstream trade options, LETUS can enhance storage throughput by 15 occasions, scale back latency by 90%, and save disk bandwidth and house utilization by 95% and 60%, respectively.”
LETUS has already been deployed and working in Topnod, a digital collectibles platform powered by AntChain. It has helped the platform significantly enhance efficiency and scale back storage prices by about 75%.
“For the many industries undergoing digital transformations, mutual trust between companies and customers is increasingly important. At Ant, we have been investing in research and development for blockchain and other digital technologies that help to increase both trust and security,” stated Geoff Jiang, President of Digital Technology Business Group at Ant Group. “We remain focused on the technological breakthroughs that create a trusted digital network to improve industrial collaboration and allow us to use our innovative products and services to better serve the real economy.”
During the convention, Ant Group Digital Technologies additionally launched the:
- 4.0 model of mPaaS, its one-stop cellular improvement resolution;
- 2.0 model of its Morse MPC (Multi-party Computation) platform;
- 4.0 model of SOFAStack, its cloud-native PaaS platform;
- 4.0 model of OceanBase Community Edition, its distributed database; and
- different safety merchandise.
In the previous two years, Ant Group Digital Technologies has additionally launched numerous blockchain-related merchandise and options, together with:
- AntChain Station, the all-in-one workstation;
- Blockchain Transmission Network (BTN), a high-speed, long-distance blockchain communication know-how;
- Module-as-a-Service (MaaS) built-in computing module for simplified blockchain deployment;
- FAIR, the knowledge privateness collaboration platform; and
- T1 safety chip, its self-developed blockchain-powered safety chip.
Many of those cutting-edge options have been efficiently deployed by Chery Automobile, Zhejiang Huatie Emergency Equipment Science and Technology and different trade companions.
Ant Group Digital Technologies
Ant Group Digital Technologies continues to promote the improvement and utility of digital know-how, introducing main merchandise like AntChain, OceanBase, SOFAStack, and mPaaS primarily based on its experience in blockchain, privateness computing, safety know-how, and distributed database. Ant Group Digital Technologies is dedicated to working with companions throughout totally different industries to help the small and medium-sized monetary establishments of their digital transformation, allow SMEs in the service trade to function digitally and facilitate digital collaboration throughout industries.
View supply model on businesswire.com: https://www.businesswire.com/news/home/20221103005680/en/
