JD.com opens its blockchain framework to other businesses

The opening of JD Chain will be further complemented by the launch of the JD Chain Open Source Community

JD.com opens its blockchain framework to other businesses. Source: shutterstock.com

JD.com has announced the opening of JD Chain to businesses, providing them with access to underlying blockchain framework. Through JD Chain, companies can now build their own solutions from the ground up, starting from the underlying architecture, specifically tailored to meet the unique needs of their individual businesses, without relying on pre-built APIs.

The opening of JD Chain will be further complemented by the launch of the JD Chain Open Source Community. This new platform aims to promote greater discussions and pooling of resources among blockchain developers and enterprise users regarding the application of cutting-edge blockchain technologies.

JD Chain helps improve the performance of five key technologies of blockchain including data ledger, consensus protocols, cryptographic algorithms, data storage and APIs. JD Chain can reach more than 10,000 transactions per second (TPS), and reduce the time required for the research and development of blockchain solutions and lower the threshold costs for using these technologies.

To meet the performance requirements of a range of different business applications, JD Chain has designed a technical architecture that spans three layers, including gateway service, consensus service and data ledger. Companies are able to access these functionalities through an easy-to-use toolkit.

SEE ALSO: Blockchain to transform retail – research

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