Yesterday
Accelor came out of stealth mode to reveal it has designed a new chip to speed up the Hyperledger Fabric blockchain and provide additional security. The company claims that with its chips it’s possible to achieve 200,000 transactions per second. The announcement mentioned the founders are a team of industry heavyweights from Qualcomm, Nvidia and AMD. Their résumés are impressive, but the statement omitted the fact that all three founders left Huawei in July 2018 to found Accelor.
It’s a sensitive issue given the
controversial claims made about Huawei by the FBI. An Accelor spokesperson stated that Qualcomm, Nvidia and AMD were the most relevant because they are three semiconductor heavyweights.
The San Fransisco company also announced $2 million in seed backing from Chengwei Capital, which usually focuses on the Chinese market.
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