Chain Reaction is at the forefront of engineering disruptive blockchain and privacy technologies by significantly enhancing compute performance with a vision to fulfill the vision of scalable distributed and private computing platform. Their state-of-the-art solutions enable companies to efficiently adopt and scale revolutionary compute infrastructure for cloud providers, data centers, and major enterprises to power the next generation of secure computing. First, regarding distributed computation, and specifically Blockchain, Chain Reaction is solving the current barrier triage of trust, scale, and privacy to enable the adoption of blockchain by the largest global enterprises. In addition, Chain Reaction is working on its 2nd family of products, to allow private computation on the cloud, by developing semiconductors for homomorphic encryption and zero-knowledge computation.
Chain Reaction addresses the growing Bitcoin mining data center market, initially focusing on North America. Chain Reaction’s Application Specific Integrated Circuit (ASIC) targets optimal total cost of ownership (TCO) through best-in-class performance combined with advanced software management features. Selling ASICs serves as an opportunity for a substantial early revenue stream without having to wait for the duration of system bring-up and high-volume manufacturing. This first product line is projected to be a game-changer for mining companies that seek the best hardware and software combo, to reduce costs and optimize the number of Bitcoins mined and revenues.
In parallel, security and subsequent scalability of cloud computing depends on novel hardware acceleration. Chain Reaction intends to sell a first-of-its- kind privacy processor to cloud service providers to accelerate computing and cryptography. The Company’s solutions will be an integral part of the infrastructure for next-gen scalable cloud computing, in addition to private cloud and on-premises data centers. This hardware accelerator optimizes Fully Homomorphic Encryption (FHE) and Zero Knowledge Proofs (ZKP), the cryptographic foundations for computing large amounts of encrypted data.