Enabling high-speed blockchain transaction for an innovative software house | HCLTech

Enabling high-speed blockchain transactions for an innovative software house

HCLTech helped an innovative software house transform business operations by driving down energy consumption with next-gen technology
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5 min read
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Established in 2019, our client is an innovative software house specializing in Fintech, blockchain and AI. Positioned as a leading blockchain technology startup headquartered in Sweden, they provide scalable and highly secure solutions, facilitating lightning-fast blockchain transactions for seamless digitization of business processes.

The Challenge

Running high-IO applications in cloud

Our client aimed to run a modern, high-input/output (I/O) application on a cost-effective multicloud container platform, achieving high-speed blockchain transactions while prioritizing sustainability and green practices. Additional challenges included elevating security with Hyperledger implementation and monetizing blockchain solutions through APIs.

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The Objective

Increase security and monetize solutions

In pursuit of implementing a comprehensive blockchain optimization strategy, our client articulated five pivotal objectives:

  • Increase security profile and enable a hyperledger in a highly reliable and secure environment Monetize blockchain
  • Monetize blockchain solutions through APIs
  • Achieve high throughput, low latency and stringent enterprise security
  • Enhance sustainability by adopting green practices and reducing carbon footprint
  • Run a modern application with high I/O requirements on a multicloud container platform
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The Solution

A container platform run on the mainframe

To address our customer’s performance and security requirements, HCLTech recommended the mainframe as the underlying infrastructure to run a container platform for applications with high-performance needs.

  • HCLTech successfully delivered a high-standard solution using blockchain software on an OpenShift containerized environment
  • The solution operated on high-end IBM mainframe architecture, utilizing identical setups with z/VM systems running RedHat Linux servers
  • Hyperledger and blockchain software were installed on the RedHat OpenShift cluster environment
  • Our client was able to install their innovative code that utilizes blockchain via an API gateway
  • We enabled our client to provide its customers blockchain and AI-as-a-service for ease of use, scalability and security
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The Impact

A reduction in energy consumption

The benefits included a substantial decrease in energy consumption per server, averaging 26 watts.

  • Delivered the most secure and reliable setup by utilizing banking-grade security within IBM Mainframe architecture
  • The blockchain solution has peeked at about 1,000 transactions per second compared with market standards of 10-20 seconds per transaction
  • Enabled the best transaction throughput and settlement in the IBM Mainframe infrastructure
  • The project focuses on reducing energy consumption for nodes, storage disks and cooling CPUs for 300-350 Linux on Z servers hosted on two IBM Mainframe machines
  • Total power consumption measured approximately 8,000 W 300 fully redundant Linux servers, utilizing 26 W per server, with water cooling proving ten times more effective
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