FortisNet

03 / RBI HARBINGER 2023

SCALE IS
THE REAL
TEST.

The Reserve Bank of India asked a direct question: how can blockchains scale to handle transactions for billions of users? FortisNet's answer won HARBINGER 2023's throughput and scalability challenge.

SEE THE RBI RESULT
HARBINGER 2023 winner presentation, award and event display
HARBINGER 2023 / WINNER
THE EVENTRBI HARBINGER 2023
THE CHALLENGEBLOCKCHAIN THROUGHPUT
THE RESULTWINNER

BUILT FOR
MORE.

01 / CONTEXT

INCLUSION
AT SCALE.

HARBINGER 2023 focused on inclusive digital services. One of its four challenges asked teams to improve blockchain transactions per second, throughput and scalability.

02 / THE PROBLEM

MORE USERS.
MORE PRESSURE.

A ledger serving a large network must process growing activity without losing a clear way to coordinate and confirm each transaction.

03 / THE SOLUTION

SEGMENT.
COORDINATE.
SCALE.

RBI describes FortisNet's winning solution as a token-based architecture using two-phase commit, Raft consensus and Corporate Digital Identity across permissioned ledger segments to support linear scalability.

HARBINGER 2023 welcome display at the Reserve Bank of India's final evaluation
01 / The HARBINGER 2023 final evaluation in Bengaluru.
FortisNet winner trophy at HARBINGER 2023
02 / The FortisNet winner trophy.

WINNER.
ON THE RECORD.

RBI named Fortis Net Ltd. the winner for increasing blockchain throughput and scalability. Its published challenge terms set the winner's prize at ₹40 lakh. No runner-up was selected for this problem statement.

VERIFY THE RESULT

SEE THE PRIZE TERMS