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.
03 / RBI HARBINGER 2023
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
THE STORY / 2023
HARBINGER 2023 focused on inclusive digital services. One of its four challenges asked teams to improve blockchain transactions per second, throughput and scalability.
A ledger serving a large network must process growing activity without losing a clear way to coordinate and confirm each transaction.
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.
THE GALLERY / BENGALURU 2023
THE RECOGNITION
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.