Samsung SDS, the IT arm of South Korea-based Samsung, has launched an application intended to speed up blockchain transactions. The Nexledger Accelerator technology has already been successfully tested on Hyperledger Fabric, an open-source enterprise blockchain platform developed by the Linux Foundation.

According to the company, Nexledger Accelerator aids in streamlining blockchain transactions by enabling faster processing of transactions. SDS has also built a dedicated Github repository for the technology to provide a scheme known as “Innovation Sandbox” that will allow developers to test and expand the technology.

Nexledger was first unveiled in April 2017. And, after having been successfully tested on Hyperledger, the company has disclosed its plans to add the technology to the IBM Blockchain Platform Board.