Introducing Asensys: a Scalable Blockchain to Power the Decentralized Web
Summary
“This built-in over-redundancy is what prohibits blockchains like Bitcoin and Ethereum from improving performance and reaching the throughput required to meet the demands of the modern digital economy.” Wang previously headed-up research at Microsoft on distributed systems and high-performance GPU computing. Wang’s years of experience exploring issues of system scalability ultimately resulted in the creation of the unique Asensys infrastructure, the initial research of which was presented at the prestigious NSDI’19 conference. The key technology advances introduce consensus zones for parallel transaction processing and distributed workload of state representation and execution, which could enable up to 100k+ TPS and billion-level user base. Asensys aims to meet the needs of the modern digital economy with its novel blockchain infrastructure that will enable web users to realize the full potential of the internet by providing the foundation upon which decentralized applications can be built. Headquartered in Seattle, WA with a global team, Asensys was founded by Dr. Brendon (JiaPing) Wang, whose research has been published in highly-reputed journals, such as ACM/TOG, and who also has been granted many US patents for his work on distributed computing and blockchain systems.