# æternity Partners with Erlang Solutions to Tackle Blockchain Scalability Issues  Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2018-01-30 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: Partnering with Erlang Solutions to Scale æternity to Meta Description: Discover how Erlang Solutions will assist in scaling æternity's distributed system and peer-to-peer network to billions of users with innovative blockchain URL: https://financedigest.com/aeternity-partners-with-erlang-solutions-to-tackle-blockchain-scalability-issueshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd300118-25-1-1736843028532-compressed.jpg) _Having previously worked with WhatsApp, bet365, and AOL, Erlang Solutions will assist in scaling æternity to billions of users_ [æternity](https://www.aeternity.com/), the open-source, distributed computing platform that builds on decentralized cryptographic P2P technology, today announced a partnership with [Erlang Solutions](https://www.erlang-solutions.com/), a world-leading Erlang and Elixir consultancy, to scale its distributed system and peer to peer network and bring its blockchain technology to the masses. æternity Founder YanislavMalahov said, “As scalability issues continue to plague modern blockchains, innovative, comprehensible, and truly revolutionary solutions must be pursued if they are ever to achieve widespread adoption. We are thrilled to be collaborating with Erlang Solutions to strengthen our work towards overcoming these challenges and are eager to bring our ground-breaking technology to billions of users worldwide.” Founded in 2016 by YanislavMalahov, the “Godfather” of Ethereum, æternity is [designed to deliver unmatched productivity](https://www.financedigest.com/product-design-verification-and-validation-solution-market-2021-present-scenario-and-growth-prospects-2025.html "Product Design Verification And Validation Solution Market 2021 | Present Scenario and Growth Prospects 2025"), transparent governance, and global scalability. æternity raised approximately 29 million CHF in its campaign to offer blockchain technology with a consensus mechanism that is as efficient and cost-effective as possible. Programming complex relationships for a global user base, æternity can handle large volumes of [products and information](https://www.financedigest.com/golf-apparel-market-key-players-and-production-information-analysis-with-forecast-2031.html "Golf Apparel Market: Key Players and Production Information Analysis with Forecast 2031") in parallel. æternity’s unique state channel design [enables the off-chain verification of data](https://www.financedigest.com/seenthis-launches-emissions-dashboard-to-enable-advertisers-to-analyse-data-reduction-and-emission-savings-on-campaigns.html "SeenThis launches Emissions Dashboard to enable advertisers to analyse data reduction and emission savings on campaigns") and smart contracts, allowing for all transactions to be independent of each other, thereby increasing transaction speed and scalability while also ensuring increased privacy. With the support of Erlang Solutions, which will [assist](https://www.financedigest.com/tesla-reports-two-new-fatal-crashes-involving-driver-assistance-systems.html "Tesla reports two new fatal crashes involving driver assistance systems") in scaling æternity’s distributed system and peer-to-peer network by providing fault tolerant systems capable of scaling to billions of potential users, æternity intends to utilize Erlang, the domain specific language, to drive the mainstream adoption of blockchain technology. This partnership will also strive to tackle consensus mechanism-related challenges, which have already been identified as problematic for blockchain developers. “Specializing in providing truly scalable solutions through the creation, integration, delivery, and lifetime support of products and services based on the Erlang programming language, we are extremely keen to begin working with a company as innovative as æternity, and believe that both sides with benefit immensely from this partnership,” said Francesco Cesarini, Founder of Erlang Solutions. With over 100 specialists working out of London, Stockholm, Krakow, Budapest, San Francisco, and New York, Erlang [Solutions has a talented team of software](https://www.financedigest.com/healthcare-software-solutions-to-ride-the-immunohematology-market.html "Healthcare Software Solutions to ride the Immunohematology Market") experts passionate about BEAM technologies, including Erlang/OTP and Elixir, and with an unwavering belief in the open-source future. Offering a wide range of services from consultancy and development to architecture reviews and training, and by building trusted, fault-tolerant systems that can scale to billions of users, Erlang Solutions’ technical expertise is the backbone to numerous [global business](https://www.financedigest.com/bhp-in-talks-to-sell-global-oil-gas-business-to-australias-woodside.html "BHP in talks to sell global oil, gas business to Australia’s Woodside") operations. “Erlang Solutions is renowned for its technical talent, and having already embedded some of its [engineers and architects in our development](https://www.financedigest.com/over-the-air-engine-control-module-market-notable-developments-geographical-outlook.html "Over The Air Engine Control Module Market Notable Developments & Geographical Outlook") team, we have no doubt that Erlang Solutions will play a crucial part in building out an extremely strong core team. Having numerous clients around the globe spanning from startups to Fortune 500 companies, Erlang Solutions has [gained invaluable experience](https://www.financedigest.com/cherry-picker-crane-market-is-expected-to-experience-substantial-gains-with-projections-around-6-to-8-cagr-from-2021-to-2031.html "Cherry Picker Crane Market is expected to experience substantial gains, with projections around 6% to 8% CAGR from 2021 to 2031") and thrives when working on complex cases and providing solutions to distributed systems,” concluded Malahov. For more information about æternity visit: [https://www.aeternity.com/](https://www.aeternity.com/) For more information about Erlang Solutions visit: [https://www.erlang-solutions.com/](https://www.erlang-solutions.com/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---