From the official press release:
Tokyo, May 21, 2018 --- MUFG and Akamai Technologies, Inc. (“Akamai”) are
pleased to announce the development of a new blockchain service, to realize the
world’s most scalable and fastest payment processing platform with a capacity to
process a million transactions per second and the ability to finalize transactions in less
than 2 seconds. By combining MUFG’s payments business expertise with advanced
blockchain technology implemented on Akamai’s global cloud delivery platform, they
aim to offer a new global payment network1 service from fiscal year 2019 compatible
with IoT and other new technologies.
https://www.mufg.jp/english/vcms_lf/news/pressrelease-201805...
The new service enables higher transaction speed and processing
capacity by adopting the following system structure:
(1) Achieving high-speed communication between nodes by positioning all nodes
responsible for consensus decision-making on the Akamai Intelligent Platform.
(2) Developing a unique design permitting high-speed and high-capacity creation
and verification of new blocks within nodes.
