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Smart Contracts Company Symbiont Releases Enterprise-Ready Distributed Ledger

Symbiont, a market-leading smart contracts platform for institutional applications of distributed ledger technology, has unveiled a software development kit for Assembly, the permissioned distributed ledger component of Symbiont’s smart contracts system.

Symbiont informs that Assembly is the first distributed ledger that can be used in institutional finance. This secure, high performance Byzantine fault-tolerant distributed ledger is capable of processing 80,000 transactions per second in a regional multi-node network. This is the best result registered in academic studies of the consensus protocol used by Assembly.

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