Intel, one of the largest tech companies in the US and the world’s largest semiconductor chip maker, has launched a commercial blockchain package based on the Hyperledger ecosystem. According to the company’s marketing materials published on February 12, the new product is designed for businesses that want to launch their own blockchain.
The company’s new ecosystem is based on the Hyperledger Fabric, a foundation for developing applications or solutions with a modular architecture. The product will run on Intel’s own hardware, mainly Xeon processors and Ethernet Network Adaptors, the company said.
According to Intel, the pack is enterprise-ready and comes in a base configuration that contains the necessary minimum to launch a Hyperledger-driven blockchain.
The Intel Select Solution for Blockchain will be able to address the concerns companies have about blockchain technology by providing modularity and enterprise-grade privacy.
“Hyperledger Fabric provides a foundation for developing applications and solutions with a modular architecture, and it enables components, such as consensus and membership services, to be plug-and-play,” the company explained.