MultiChain Launches Production-Ready Version 1.0 with Fourteen New Partners

News Staff
Chain-Finance.com
Published in
2 min readAug 2, 2017

Coin Sciences Ltd., which develops the open source MultiChain blockchain platform, has announced the production-ready release of MultiChain 1.0, along with fourteen new members of the MultiChain Partner Program, bringing the total number of members to forty-three.

Following two and a half years of feedback-driven development, MultiChain 1.0 is now available for Linux, Windows and Mac. The development included a four-month beta period, during which MultiChain was optimized to support over 1,000 transactions per second on a mid-range server. Since its first alpha release in June 2015, MultiChain has received over 60,000 downloads, more than half of which were during 2017.

The new members of the MultiChain Partner Program include two multinational consulting companies: Cognizant and Indra Sistemas. Twelve more SMBs have also joined: Aicumen, Bambusoft, Chainfrog, CrimsonLogic, Encrypgen, Hypatia Technologies, Maroon Studios, Medici Ventures, Project Radium, SolarLab, The Apollo Group and Tilkal. Members of the program gain a close working relationship with the MultiChain engineering team, can use MultiChain branding in their marketing materials, and are promoted on the MultiChain website.

The MultiChain Partner Program has now been split into two tracks — Platform Partners who develop applications for third parties on the MultiChain platform, and Product Partners who are using MultiChain in their own proprietary solutions. The partners in each track are listed at on the platform partner and product partner websites respectively.

Dr. Gideon Greenspan, CEO and Founder of Coin Sciences Ltd, stated: “We’re delighted to have reached this milestone. Developing the first production release of MultiChain has been an immense challenge, and we’ve learned a great deal about our users and their requirements along the way. Work has already begun on MultiChain 2.0, which will be the first version of MultiChain to come in two editions — Community (open source) and Enterprise (commercial). We look forward to continued growth in usage of the product and cooperating with all our partners to help them leverage it for their needs.”

Manager of Blockchain and Digital Transformation at Minsait (Indra Sistemas), Víctor Sánchez Hórreo commented: “We used MultiChain to build a platform for transferring digital assets between different organizations (from commerce to public administration) in a permissioned network where all the participants collaborate. The assets act as a key tool to enable social and economic projects, and the features of MultiChain regarding permission management, quick deployment and asset creation fit very well with our needs.”

Joel Weight, Chief Technology Officer at Medici Ventures, said: “Because of its Bitcoin ancestry, MultiChain’s reliability, even during its alpha phase, was great. The addition of a key-based permission layer and built-in asset support make it the right solution for some of our products.”

CEO and Founder of ChainFrog, Dr Keir Finlow-Bates remarked: “Chainfrog chose to use MultiChain in their music royalties collection pilot because it is based on the mature Bitcoin source base, is incredibly easy to deploy and the APIs are clearly documented. From their blog posts it is obvious that the Coin Sciences team know their blockchains inside out.”

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