Symbiont Unveils Enterprise-Ready Distributed Ledger, Releases ‘Assembly’ Code on Github

Symbiontannouncedthe release of a software development kit for Assembly, the permissioned distributed ledger component of Symbiont's Smart Securities Platform-a bespoke blockchain independent of Bitcoin and Ethereum. According to the company, Assembly is a distributed ledger designed for use in institutional finance. "It is a highly secure, high-performance, Byzantine fault-tolerant distributed ledger, able to process a sustained 80,000 transactions per second in a regional multi-node network," claims the Symbiont press release.

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