September 12th 2018

In the beginning of September 2018, Unibright (“blockchain agnostic integration framework”) and Tolar HashNET (“ scalable, fast, secure, and fair decentralized- beyond blockchain project”) signed a Memorandum of Understanding (MoU) to support further expansion and worldwide adoption of both Unibright Framework and Tolar HashNET.

TOLAR and Unibright share the same vision in terms of providing their clients with simpler access to blockchain technology. Blockchain developers (especially blockchain specific) are rare and expensive, development process is complicated, and any bug is critical. Also, existing blockchain platforms often have low throughput, long time-to-finality and huge energy requirements.

The agreement will enable TOLAR to offer all of its current and future partners easier and faster implementation of a specific solution that fits their needs. At the same time, it will enable Unibright to offer complete solutions to companies that can make use of TOLAR’ s high-throughput technology.

With this MoU, TOLAR’s and Unibright’s clients will enjoy the following benefits:

Highly scalable platform — HashNET can process 200,000 transactions per second, and keeps the throughput even as number of nodes in system grows.

Low energy requirements — HashNET uses specialized PoS system which requires minimum energy consumption.

Low data storage requirements — HashNET requires significantly smaller data storage compared to most traditional blockchains.

Faster implementation — The Unibright framework will enable even non-blockchain developers to create their solutions on top of HashNET platform.

Easier transformation — Unibright framework will enable clients to easily transfer their existing business processes on blockchain.

The above goals will be accomplished by a developer workshop connecting Tolar HashNET platform developers with Unibright framework experts by the end of September. Based on frequent knowledge exchange, Unibright and Tolar will work on common PoCs and client success stories afterwards.

More Info on Tolar: https://tolar.io