Short on time? Insolar in 100 words

Insolar is a global technology company building public and private blockchain solutions on Insolar Blockchain Platform, the most secure, flexible and scalable blockchain for business.

Insolar Blockchain Platform is the best solution to streamline interactions between companies. The platform’s key features are unlimited scalability, security, simplified development, interoperability, user protection, and regulatory compliance.

The Insolar team consists of 80 people (of which 50 are engineers and researchers) in 5 countries, incl. USA and Switzerland. The team utilizes the knowledge of top engineers and industry experts to help organisations explore relevant blockchain use cases and tackle technological, operational, and strategic risks.

Want to learn more? Insolar in 200 words

Insolar is building an open source blockchain platform for business to enable seamless interactions between companies and uncover new growth opportunities powered by distributed trust. We help companies unlock value trapped in business processes that are not properly synchronized via a platform which creates cost efficiencies, new revenue streams, and powers transformative business models.

Insolar is an enterprise-focused platform with architecture that merges the best of cloud, blockchain and distributed technologies, introducing dozens of industry-first features. It is rapidly deployable and solves the fundamental challenges of current blockchains, including scalability, ease of use, and interoperability.

Insolar also provides blockchain services and ecosystem support for companies that are looking to develop and deploy blockchain solutions. Insolar features the most complete and secure set of production-ready business blockchain tools and services to quickly build and launch blockchain enterprise applications, accelerating the progression path from initial proof-of-concept to full-scale production.

Insolar is ranked number one among blockchain projects in development activity. It has one of the most impressive teams in the industry, with 80 people located across Europe and North America, including 50 software engineers with industrial and blockchain expertise, and 10 academic blockchain researchers from leading institutions (York University and ETH Zurich).

Still not satisfied? Insolar in 500 words

Insolar is building a 4th generation blockchain platform for business, aimed at enabling seamless interactions between companies and unlocking new growth opportunities. In addition to the platform, Insolar also provides blockchain services and ecosystem support for companies that are looking to develop and deploy blockchain solutions. The Insolar platform will feature the most complete and secure set of production-ready business blockchain tools and services to quickly build and launch enterprise applications, accelerating the progression path from initial proof-of-concept to full-scale production.

All participants in legacy business networks currently maintain their own ledgers separately. The inevitable duplication and discrepancies that this arrangement causes has a negative impact on their business. This means disputes, increased settlement times and intermediaries with their associated overhead costs. Considering that 80% of corporate data lives in heavily guarded, centralized silos, a lot of time and resources are wasted transporting, cleansing, and verifying data.

At present, there is a lot of interest surrounding blockchain, but this exists mostly in the context of cryptocurrency. However, the power of the blockchain extends far beyond its roots in the financial world. Blockchain and the distributed ledger technology on which it is based represents a fundamentally new way for businesses to transact. It ushers in a robust and smart next generation of applications for the registry and exchange of physical, virtual, tangible, and intangible assets. As such, this facilitates what has come to be known as the internet of value. The tech research firm Gartner predicts that the business value added by blockchain will grow to $38 billion by 2021, surging to $360 billion by 2026, and to over $3 trillion by 2030.

The world’s most innovative companies in finance, logistics, consumer goods, energy, healthcare, transportation, manufacturing, and others will be turning to Insolar to create applications and networks that deliver tangible business success. These first-movers already recognize that even in today’s digital economy, vast amounts of value continue to be trapped inside processes and organizations that do not connect. Insolar is their remedy, helping them discover and design business value in blockchain networks — starting, accelerating and innovating strategies that replace longstanding business friction with trust and transparency.

Insolar helps companies discover and unlock value trapped in business networks and processes that are not properly synchronized. From fresh food supply chains, to GDPR compliant employee data management, lifecycle management of industrial assets and beyond. Insolar applications enable easy and secure sharing of assets, data, processes, and other critical components for business operations.

Insolar has been ranked number one globally in terms of development activity amongst blockchain companies and is a team of over 80 people across Europe and North America. The company is led by founders with solid experience: 6+ years of entrepreneurial experience, graduates from Harvard Business School and top tech universities in Europe. The team includes 50 software engineers with industrial and blockchain expertise and academic blockchain researchers from leading institutions worldwide, including York University, ETH Zurich and Princeton. You can learn more at https://www.insolar.io.

Check our Github and leave feedback on the code.

Follow Insolar on social media: