Splend Takes on Bottlenecks to Power the Blockchain Infrastructure
Hello everyone and welcome to the Splend’s blog! We are proud to present you our project aimed to power the new blockchain network infrastructure. Follow us to be the first to hear Splend’s news and to learn how we are planning to overcome the existing blockchain limitations.
The blockchain has a potential to become the most important technology of the decade, such as the first computer and the Internet before it. However, now the blockchain still has a long way to go, it has significant infrastructure issues which have to be solved before it reaches a widespread adoption. That is exactly what we at Splend are working on.
Current blockchain issues
Even though it seems that blockchain has already executing its potential, there is a number of limitations which stops it to become a real breakthrough:
· unacceptably slow transactions;
· high network latencies;
· high fees for customers;
· lack of scalability to achieve instantaneous transactions;
· lack of adequate security.
Splend’s systems approach
Most blockchain companies today are looking at a pure software-only solution. But, we know that only balanced system approach can truly solve blockchain infrastructure problems because our team has three decades of experience in solving very similar problems during the past computing platform revolutions.
Our company was founded in 2016 in Silicon Valley is led by Rick Bleszynski, a successful serial entrepreneur and 25-year veteran of the networking industry. We at Splend have gathered an impressive team with technical and business expertise. Our technical team has proven core competencies in decentralized P2P blockchain protocols and algorithms, complex network processing hardware, and software coupled with system-on-a-chip expertise.
We also encouraged international experienced professionals to join our advisory board, so they also bring deep and varied expertise to Splend. Stay with us to know more about our team and advisors.
Splend sees the future of the blockchain as millions of people and devices around the world can make instantaneous transactions simultaneously. We intend to make the Blockchain network ubiquitous just like the Computer and the Internet. We have solutions and strategic alliances in place today that we are very excited to share with you. Stay with Splend!