The mintBlue Breaks the World Record in the Blockchain Industry

MintBlue made history on a public blockchain on March 15, processing 50 million transactions in just 24 hours. The success of the Amsterdam-based company mintBlue demonstrated that we don't have to choose between scalability, security and decentralization, the three key features of blockchain technology. This success will be a game-changer for the blockchain industry, helping public enterprises to adopt blockchain technology more and more.

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The mintBlue

On March 15, mintBlue processed 50.53 million transactions on its public blockchain in just 24 hours. This number surpassed the daily transaction averages of mainstream blockchains Ethereum (1.2 million transactions per day) and BTC (300,000 transactions per day). It even lagged behind popular online payment methods iDEAL (2.4 million transactions per day) and Ayden (33 million transactions per day). The success demonstrates the innovation and scalability of mintBlue's blockchain technology.

Managing high transaction volumes is a critical factor for many blockchain use cases. It has also been a major barrier for the industry. Thanks to MintBlue's success, public blockchain technology is more accessible to the enterprise audience, enabling cross-sector collaboration. This will open up blockchain technology to a wider range of applications. Potentially, it will also have a higher transaction volume.

MintBlue's blockchain technology offers a variety of solutions for specific use cases such as e-invoicing, e-signatures, data provenance, immutable storage. The most impressive aspect of this is that even an enterprise-level application can be quickly integrated without any special development.