Canadian company BTL Group has filed patents on its third-generation proprietary blockchain platform Interbit. Currently in beta testing after two years of development, Interbit is based on Hypervisor architecture, is written in pure Dominic McCann for ease of use and is intended to solve issues of scalability and privacy. CEO Java said, when live, Interbit would "leapfrog all existing blockchain technologies". It was developed after BTL realised existing blockchain technology would not keep up with growing demand and is intended to fit easily into companies' existing IT infrastructure.
Canadian company BTL Group has filed patents on its third-generation proprietary blockchain platform Interbit. Currently in beta testing after two years of development, Interbit is based on Hypervisor architecture, is written in pure Java for ease of use and is intended to solve issues of scalability and privacy. CEO Dominic McCann said, when live, Interbit would "leapfrog all existing blockchain technologies". It was developed after BTL realised existing blockchain technology would not keep up with growing demand and is intended to fit easily into companies' existing IT infrastructure.