SettleMint is excited to announce a powerful new feature - Join Existing Networks. This latest enhancement enables your organization to connect seamlessly with established Hyperledger Besu and Quorum QBFT blockchain networks, opening the door to greater collaboration, scalability, and operational efficiency.
By joining an existing network, you can participate in established consortia leveraging the scale that they have already created.
Key Benefits:
- Faster onboarding: Streamline the process of connecting to existing networks, removing the effort and resources required to set up new infrastructure or creating an interoperability solution.
- Scalable architecture: Deploy as many nodes as necessary, either as validators or non-validators, depending on your role in the network.
- Cost efficiency: Optimize costs by eliminating the need to invest time and resources in learning network configurations and maintaining nodes, allowing your team to focus on deployment without the operational overhead.
- Flexibility: Add or remove nodes on-demand, ensuring agility and freedom in your network participation, without long-term dependency on specific technologies or platforms.
Use Cases in Action:
- Financial Services Networks: 20 major banks have set up a network to provide a shared Bond Issuance platform. With SettleMint’s Join Existing Networks feature, each bank can deploy its own node and connect seamlessly to the established network in a few clicks. This setup simplifies the process of joining the network, strengthens network resilience through further decentralization, and ensures that all participants adhere to the shared compliance standards of the network.
- Supply Chain Networks: A leading global car manufacturer looking to improve traceability and efficiency in its supply chain can connect multiple tiers of suppliers and logistics partners to an existing Hyperledger Besu network. As new partners are added, their nodes can be easily and seamlessly integrated into the existing network, ensuring enhanced visibility, traceability, and efficiency from the factory floor to delivery.
- Government Networks: Multiple government agencies looking to provide shared citizen services can connect securely to a common blockchain network while maintaining control over their individual data. This ensures compliance with strict security requirements and provides a cost-effective solution by leveraging existing applications developed by governments that want to extend their collaboration with other governments.
Developer Scenario:
For developers, this feature significantly simplifies the process of joining an existing network and integrating blockchain into existing systems. Experienced developers no longer need to manually manage multiple infrastructures to connect different nodes. The SettleMint platform provides an intuitive interface and orchestration engine, allowing you to follow a simple step-by-step process to run nodes from the network without having to manually configure or maintain them, develop unique applications and integrate these with existing systems.
For example, an enterprise developer can quickly spin up a new node of an existing Hyperledger Besu network by completing just two key steps: uploading the genesis file and adding an existing node address. SettleMint handles the heavy lifting - monitoring, uptime management, and resource scaling - so that developers can focus on building business logic (daaps) and easily bridge between the onchain network and existing systems, instead of spending time on basic network administration.
Dive Deeper:
For those interested in the deeper technical aspects, full documentation for the Join Existing Networks feature is available on the SettleMint Developer Hub. There, you’ll find detailed guides on setting up nodes, connecting to Hyperledger Besu or Quorum QBFT permissioned networks, and more.
This new feature further strengthens SettleMint’s commitment to making blockchain adoption faster, easier, and scalable for both enterprises and developers, ensuring they can seamlessly integrate and collaborate securely with confidence.
Ready to integrate with existing networks? Let's talk and dive into the technical details to discover how this feature can accelerate your blockchain journey.