Hewlett Packard Selects Blockchain Technology for Mission Critical Systems

Hewlett Packard Enterprise (NYSE: HPE) has announced that it has entered into a partnership with R3 to bring the Corda DLT platform (Distributed Ledger Technology) to Mission Critical Systems - HPE's platform for high-volume, high-value workloads.

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The partnership kicked off with a proof of concept created in collaboration with HPE Labs, HPE Mission Critical Systems and R3, demonstrating R3 Corda running on the HPE Integrity NonStop Platform.

Markus Ogurek, Global Financial Services & Insurance Industry at HPE, added: "HPE Pointnext is also pleased to announce a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Discovery Workshop to help customers Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term new DLT operating models and expertise in distributed-ledger, IoT, hybrid, and the-edge.

HPE is excited to be adding DLT to its long history of innovation, so we can help customers meet the challenges they face as they grow and thrive."

R3 explains that Corda was designed so that IT departments at banks can understand it, deploy it and manage it without having to unnecessarily rethink everything about how they operate. Ensuring its resiliency is crucial to this, and HPE’s technology will enable Corda to deliver on this front out-the-box.

R3 recently announced the completion of the first two of three tranches in its Series A fundraising round, securing $107 million in the world’s largest distributed ledger technology (DLT) investment to date. Investors came from across Europe, Asia-Pacific and the Americas, counting over forty participants from over 15 countries.