The Massachusetts Institute of Expertise (MIT) Digital Currency Initiative (DCI) has provided the experimental PArSEC platform. PArSEC — short for “parallelized structure for scalably executing good contracts” — is start provide and developed with central bank digital currency (CBDC) in mind.
The developers highlighted the platform’s hobble. It performed 118,000 ERC-20 transactions per 2d on 128 hosts — exceeding public permissionless blockchains, they said. The platform became once thus succesful of handling imperfect-border contracting and may perchance successfully be utilized to innovate provide chains and compliance assessments as successfully.