With the growth of the digital asset market, the importance of security is being highlighted more than ever. While numerous blockchain projects are proliferating, Metacoin developed by InBlock is drawing attention in the market with an approach differentiated from existing cryptocurrencies. Beyond simple coin issuance, Metacoin actively utilizes Hyperledger blockchain technology developed by global IT company IBM and the Linux Foundation to secure unique security and stability.
The Metacoin network is a mainnet platform built on Hyperledger Fabric. Hyperledger is developed as open source, so it has high versatility and stability that is not dependent on a specific company. In particular, unlike public blockchains, it includes a management system that restricts participants and controls authority, providing security more suitable for corporate environments. Hyperledger supports various frameworks and dedicated development tools such as Hyperledger Sawtooth, a platform for building and distributing distributed ledgers, and Hyperledger Burrow for smart contracts, in addition to Hyperledger Fabric, depending on the purpose and use. Development tools that help standardize encryption and security and smart contracts also facilitate Hyperledger development.
Metacoin's strongest competitive edge lies in its overwhelming security through technical cooperation with IBM. By installing nodes required for mainnet operation and cold wallets for storing virtual assets on IBM's high-performance server LinuxONE, Metacoin's security rating boasts the world's highest level, meeting the international Common Criteria (CC) EAL5+. IBM LinuxONE provides solid hardware stability and security at the mainframe level, and is equipped with InBlock's security solution DokkaebiONE, which thoroughly defends against external hacking as well as internal threats.
InBlock officials emphasize that the Metacoin platform is optimized for the operation of a private blockchain enterprise ecosystem, making it easy for enterprises to participate in nodes and form consortia in line with their business goals, thereby contributing to the establishment of an enterprise-friendly digital asset ecosystem. By combining the strengths of Hyperledger Fabric and the security of IBM LinuxONE, Metacoin is expected to play a leading role in overcoming the limitations of the existing blockchain market and establishing a safe and reliable digital asset ecosystem.