Alibaba will increase the speed and security of the blockchain

The Chinese e-commerce giant Alibaba Group has patented two new technologies that will help accelerate and improve the security of the corporate blockchain.

One of the company's decisions allows to reducethe time of checking the data of the block, due to the fact that when updating the node, the system checks only the newly received information, and not all the information available in the block. The application said that this will help eliminate the problem of existing technology, which now spends a lot of time on computing.

The second patent describes a techniqueTransaction Verification Time Limits.Set a maximum processing time (in physical or logical hours) to increase the level of security of transactions performed by participants on the network.

Although Alibaba has been engaged in the development of distributed ledger technologies for quite a long time and hasThere are many patents in this direction, but the latest developments will be essential to the success of the enterprise blockchain platform Ant Blockchain Open, launched by the company's fintech division.

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