Adhara, a real-time solution for global liquidity management, recently developed a blockchain-based system for a South African exchange ZAR X in conjunction with Nominee Administrator Computershare South Africa.
The solution is the first distributed settlement system in South Africa for unit trusts. Using the Ethereum blockchain, it enables the public to purchase and settle unit trusts directly from fund managers on a regulated, secure exchange called ZAR X.
The Adhara team chose Hyperledger Besu as the Ethereum blockchain client for this production system. This post will dive into the team’s 11 requirements for a blockchain client and ultimately why they chose Hyperledger Besu.