Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-recovery-mode-email-service.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-recovery-mode-email-service.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-meta-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-meta-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-user-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-user-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/script-loader.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/script-loader.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/media.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/media.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-application-passwords.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-application-passwords.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-global-styles-revisions-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-global-styles-revisions-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-menu-items-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-menu-items-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-font-families-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-font-families-controller.php on line 1
The Relational Blockchain Nebula Selected for Final Phase of EU Blockchain PCP | Berlin Verdict

The Relational Blockchain Nebula Selected for Final Phase of EU Blockchain PCP

The RBN by Swedish company ChromaWay is dedicated to fostering a robust European Blockchain ecosystem prioritizing security, scalability, and usability.

Stockholm, Sweden, 21st April 2023, ZEX PR WIREChromaWay has been chosen as one of three companies to advance to Phase 2B, the final phase of the European Commission’s Blockchain Pre-Commercial Procurement (PCP). 

The ChromaWay technology that underpins the Relational Blockchain Nebula offers several technical advantages crucial for establishing secure blockchain services for the EU. These include low environmental impact, enhanced security through the programming language Rell, and the application of years of database optimization research which gives the RBN the ability to handle complex queries with improved performance. The innovative Nebula architecture allows for expansive scalability, ensuring that companies across the EU can access affordable blockchain services without high transaction fees or slow processing speeds.

In the final phase of the program, Relational Blockchain Nebula will undergo technical field testing and set the stage for interoperability with the wider European Blockchain Services Infrastructure (EBSI), including self-sovereign digital identity (SSI) and verifiable credentials (VC). 

By the end of Phase 2B, ChromaWay will launch the first two decentralized applications built on RBN: the Digital Product Passport (DPP) and Intellectual Property Rights Marketplace (IPR). The DPP aims to reduce waste and promote sustainability in the textile industry, while the IPR Marketplace provides a transparent platform to register and trade IP assets such as patents, trademarks, and copyrights. 

These decentralized applications are designed to streamline compliance, foster innovation, and promote trade within the EBSI ecosystem while showcasing blockchain technology’s potential to create a more transparent and sustainable economy. The long-term vision of the RBN is to enable a vibrant, interoperable ecosystem of blockchain-based services developed by EU companies for the benefit of EU citizens. 

Henrik Hjelte, CEO of ChromaWay, said, “We are thrilled to be part of this pioneering initiative that has the potential to revolutionize industries across the EU. Our tech not only addresses the challenges of security and scalability but can also contribute to a more efficient and sustainable future for the European Union.”

As the European Blockchain Services Infrastructure continues to take shape, ChromaWay’s Relational Blockchain Nebula is poised to play a significant role in driving innovation and sustainability across the EU. 

About ChromaWay

ChromaWay, established in 2014, is the creator of the relational blockchain Chromia – a new architecture that combines the power and flexibility of a relational database with the decentralized security of a blockchain. ChromaWay has developed applications for clients across the globe in several sectors, including banking, supply chain, real estate, and green finance.

For additional information and business inquiries, please contact: https://chromaway.com/

The Post The Relational Blockchain Nebula Selected for Final Phase of EU Blockchain PCP first appeared on ZEX PR Wire

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com

News

Turkey Visa Online Application From Palestine

Turkey Visa Application Chattogram, Bangladesh, 12th February 2024, In 2013, the Turkish Ministry of Foreign Affairs switched from visa stamps and stickers to an electronic...

Indian Visa For a Danish, Netherlands, Polish, Russian and Ukraine Citizens

Indian Visa for Danish Citizens Exploring India is an exciting adventure, with diverse landscapes and flavors just waiting to be discovered. In 2014, the Indian...

Indian Visa For Georgia, Guyana, Grenada, Guatemala And Guinea Citizens

INDIAN VISA FOR GEORGIAN CITIZENS Since 2014, Georgian citizens can apply for Indian visas online via the Indian government. Georgians can obtain an e-Visa for...

D-Central offers Antminer repairs by a Bitmain certified team in Canada

Laval, Quebec, Canada, 1st Oct 2022,  BITMAIN is the world’s largest ASIC developer and the world’s leading manufacturer of cryptocurrency miners. The BITMAIN Antminer...

Merlin AI Reaches Milestone, Surpassing 1 Million Users Within 11 Months

Merlin AI celebrates meteoric growth, surpassing 1 million users in just 11 months, with revolutionary features transforming content creation and summarization. Palo Alto, California, 27th...

Light Hiking Gear Introduces Its Latest Launch Across the US: Conifer’s Exclusive Range of Trekking and Hiking Packs

The online hiking and trekking gear shop expands its offerings with the nationwide launch of Conifer’s cutting-edge trekking and hiking packs. Washington, USA, 27th April 2024,...

Empowering Egypt’s Tourism: Nile Navigator Tours Champions Sustainable Growth

Nile Navigator Tours is renowned for its diverse range of offerings, ensuring that every tourist experiences Egypt’s magnificence in the most memorable way. Cairo, Egypt,...

Wemade launches Drops NFT auction service on WEMIX PLAY

Game NFTs and special NFTs will be available through English Auction on Drops  NFT auctions for new games Melting Earth, Ballies and Yield KingZ, will...

Teklip will be hosting Eurasia’s Largest Blockchain Event on May 8–11, 2023 in Istanbul

Blockchain Economy Istanbul Summit will be the region’s primary gathering for the blockchain and cryptocurrency communities.  Istanbul, Turkey, 29th March 2023, ZEXPRWIRE, Teklip, an innovative...

Saudi Arabia Visa For Egyptian And UAE Residents

SAUDI ARABIA UMRAH VISA FOR EGYPTIAN RESIDENTS Each year, Mecca is visited by millions of Muslims. Tourists from around the globe visit the most sacred...