Accubits Technologies partners with CasperLabs, a leading blockchain software company to launch energy-efficient blockchain certification solutions for enterprises and governments. With the partnership, Accubits aims to integrate CasperLabs’ energy-efficient blockchain technology into its product —Accucerts.
Accucerts is a blockchain-based certification platform that offers digital traceability of the certification process for reliable and authentic certifications. It enables organizations to boost their credibility by issuing certificates that cannot be forged. Certifications powered by Accucerts are registered on the blockchain, cryptographically signed, tamper-proof, and shareable. The partnership strengthens Accubits’ efforts to enable global organizations with energy-efficient blockchain solutions. Casper Blockchain’s Proof of Stake architecture introduces a powerful alternative that significantly reduces the amount of energy consumed per transaction.
“Casper network’s energy efficiency is impressive compared to other prominent blockchains available today. As a company, we want to promote eco-friendly technologies, and with this partnership, I believe we took another step in that direction. I believe this is just the first step, and we plan to roll out many more great initiatives and innovations in the future.” Said Mr. Jithin V.G, CEO of Accubits Technologies.
Recent studies concluded that the Casper Blockchain at 400 nodes is 47000% and 136000% more energy efficient when compared to Ethereum and Bitcoin, respectively. The power usage report shows that the network consumes far less energy over a year when compared to other networks by a factor of nearly 5540 (BTC) / 1910 (ETH).
“CasperLabs is committed to championing Casper’s energy-efficient standards that introduce a more environmentally responsible model for businesses,” said Mrinal Manohar, CEO, and co-founder at CasperLabs. “Beyond being a more ethical approach, offering a more energy-efficient blockchain solution also better meets the ESG needs that are driving the actions of some of the world’s largest companies. Accubits is a key partner to help make this more accessible to the organizations across India and beyond that are driving this movement forward.”
About Accubits
Accubits Technologies is a full-service software development and technology consulting company that offers product development and digital transformation services to Governments, Tech startups, Fortune 1000 companies, and SMEs. Accubits helps organizations to be future-proof through data-driven solutions for mobile, cloud, and web platforms. Accubits is headquartered in Virginia, USA, and has offices in Australia, Canada, UAE, Hong Kong, India, Norway, Singapore, Indonesia, and Switzerland. By focusing on emerging technologies and building a collective of unconventional thinkers and innovators, Accubits is on track to be a front-runner during this industrial revolution we are witnessing.
About CasperLabs
CasperLabs, a leading blockchain software company for the enterprise market, is re-imagining blockchain for enterprise with a future-proof solution. The company also provides development, support, and advisory services for organizations building on the Casper network. Guided by open-source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among businesses and providing developers with a reliable and secure framework to build private, public, and hybrid blockchain applications. To learn more, visit www.casperlabs.io.
