VMware has announced the commercial availability of VMware Blockchain which it has said will provide a digital foundation for business networks and the deployment of decentralized business-critical applications. It claimed that with VMware Blockchain, businesses have an extensible and scalable enterprise-grade platform to unlock data silos and free up data to flow securely, privately and instantaneously.

“We have been focused on building an enterprise-grade blockchain platform that meets the most stringent application requirements of the financial services industry and other mission-critical distributed workloads that require reliable and high-performance blockchain services,” said Brendon Howe, Vice President and General Manager, Blockchain, VMware. “VMware Blockchain delivers to customers the enterprise features they need for production today and the flexibility to adapt to future needs in the rapidly evolving blockchain space.”

Tanya Shastri, VP of Products, Blockchain at VMware, said the product had been a few years in the making: “We have developed this from the ground up,” she said. “We’ve worked with industry partners, and it’s that collaboration combined with our own innovation that we are productising. The industry has been looking for an enterprise-grade platform based on blockchain. We’ve already had commitment from customers to deploy some pretty substantial business critical applications on the platform. This is a good signal for the blockchain market.”