A year ago SIA unveiled plans to partner with Quant to provide its clients with the Overledger blockchain interoperability solution. Today the companies confirmed they successfully tested the solution between R3’s Corda and enterprise Ethereum blockchains.
SIA runs a secure private network infrastructure with 580 nodes. It’s a major backbone provider for the European SEPA payment method and also provides card processing services. Rather than the public internet, this uses a 208,000 kilometer fiber optic network. SIA leveraged the 580 nodes of SIAnet to create the SIAChain blockchain infrastructure with which Overledger has been integrated.
Meanwhile, Quant has its Overledger OS, which supports interoperabilty between five enterprise blockchain platforms as well as multiple permissionless networks. The supported permissioned blockchains are R3’s Corda, Hyperledger Fabric, JP Morgan’s Quorum, generic enterprise Ethereum, and Ripple.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
