Blockchain is a new rising technology that is gaining more interest from industry and academia across the world. Blockchain is significantly contributing to the global finance sector in terms of digital currencies, decentralization of the internet by introducing web 3.0, the healthcare sector, the internet of things (IoT), smart cities, next-generation communication, agrifood sector and many more

Mchain has been developped in the context of the Nationally INDUSTRY 4.0 POR MARCHE FESR project . This is a 5.1 milion project composed of 2 research projects (i.e., MERCURY and HURRA), a research lab located at JESI and a knowledge transfer project (KTP). Mchain is a permissioned blockchain that is based on Hyperledger Besu. This is an Open Source project designed with a modular architecture to meet the requirements of Enterprise Ethereum projects. Mchain is composed of 7 distributed nodes, where transactions are duplicated, shared, and securely stored.

Mchain is currently available as test before investment service. Reasearch tools for IoT applications are also under develpment. More precisely, Mchain includes a novel second layer decentralised network that allows off-chain and secure execution of IoT smart contracts. Sedond layer is useful when a large amount of CPU computation or high volume of data needs to be processed. Mchain can lower the high fees required by the main chain (if any) and reduce the computation performed by the blockchain peers.

Mchain is currently applied to the agrifood sector and IoT safety applications. Please contact us for additional information.