Xage is working with utilities, energy companies and manufacturers to secure their massive systems, and today it announced some significant updates to deal with the scale and complexity of these customers’ requirements, including a new hierarchical blockchain.
Xage enables customers to set security policy, then enforce that policy on the blockchain. Company CEO Duncan Greatwood says as customers deploy his company’s solutions more widely, it has created a set of problems around scaling that they had to address inside the product, including the use of blockchain.
As you have multiple sites involved in a system, there needed to be a way for these individual entities to operate, whether they are connected to the main system or not. The answer was to provide each site with its own local blockchain, then have a global blockchain that acts as the ultimate enforcer of the rules once the systems reconnected.
Xage PR Here