Symbiont Assembly is a blockchain platform for building networks in which multiple, independent entities may share data and logic in real time. It is a decentralized database that replicates and executes application logic in the form of smart contracts. This platform may be used to create financial instruments–such as loans and securities–in a digital form from their inception. Assembly was purpose-built to meet the standards of institutional finance in security, reliability and performance.
- Models complex business logic and workflows
- Smart contract determinism and replayability
- Can store legal documents and large files on-network
- End-to-end encryption of confidential data
- Interdependent secure channels
- Private transfers of fungible assets
- True Byzantine fault-tolerant consensus protocol
- Modular and horizontally scalable node architecture
- Tamper-proof, replayable audit trail of all system events
Symbiont is able to meet the highest standards of security and privacy without sacrificing decentralization. A Symbiont network has no single points of failure or trusted third parties. Advanced cryptography enables the sharing of private data, peer-to-peer, and all communication happens over a distributed log which provides a perfect audit trail of network events.
A smart contract is a self-executing cryptographic agreement. In Symbiont’s system, these contracts refer to the logic that’s shared on the blockchain and written in an embedded domain-specific language in Python, designed by Symbiont for modelling complex financial instruments.
Symbiont SDK (under development)
Self-contained package for third-party development of Symbiont smart contract modules. Will include the complete language, privacy model and standard libraries, with mock node and mock network, as well as a test framework, debugger, API specification and mocking, documentation.