The fastest and most scalable blockchain in existence at over 8 million transactions per second, DevvX is based on over 5 years of R&D and offers immutability, privacy, Byzantine Fault Tolerance, patented theft and loss protections, and a RESTful API interface for straightforward integration into existing systems. The DevvX blockchain platform has been deployed across a variety of enterprise applications, including ESG, NFTs, identity, supply chain, and payments. "With this report, our hope is to set a new environmental benchmark for the industry as a whole."
"It was important to us as a company to demonstrate our blockchain platform's sustainability using a formal, peer-reviewed process administered in compliance with ISO standards," said Tom Anderson, CEO of Devvio. The final report is scheduled for public release in late January, which will mark the first time that a blockchain technology has undergone a formal, independent evaluation of its environmental footprint by a third-party organization using internationally recognized ISO principles and frameworks. Initial comparative results for a single blockchain transaction are provided below 1:ĭevvX: 2.1 Joules Ethereum: 693 million Joules Bitcoin: 7 billion Joules According to the third-party analysis, the platform uses approximately 347 million times less than Ethereum and 3.5 billion times less than Bitcoin per transaction. Known as a life cycle assessment (LCA), the comprehensive study involved a systematic analysis of the environmental effects of DevvX throughout its life cycle, with preliminary results demonstrating that the DevvX blockchain platform consumes dramatically less energy than other platforms. 5, 2022 /PRNewswire/ - Devvio, Inc., a leading provider of enterprise blockchain solutions, today announced the initial findings of a months-long study of the environmental impact of its DevvX blockchain platform as measured against ISO standards 14040:204:2006.