Hewlett Packard Selects Blockchain Technology for Mission Critical Systems

Friday, 09/06/2017 | 06:45 GMT by Avi Mizrahi
  • Mission Critical Systems is Hewlett Packard Enterprise's platform for high-volume, high-value workloads.
Hewlett Packard Selects Blockchain Technology for Mission Critical Systems
Reuters

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.

The London Summit 2017 is coming, get involved!

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 Discovery Workshop to help customers Leverage 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.

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.

The London Summit 2017 is coming, get involved!

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 Discovery Workshop to help customers Leverage 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.

About the Author: Avi Mizrahi
Avi Mizrahi
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
  • 2727 Articles
  • 10 Followers

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