Apsara Conference: Ant Group Digital Technologies Launches Storage Engine Letus

Ant Group Digital Technologies unveiled its blockchain storage engine LETUS (Log-structured Efficient Trusted Universal Storage) at the Apsara Conference 2022 in Hangzhou, China.

Yan Ying, technical director, AntChain, unveiled LETUS at Apsara Conference
(Photo: Business Wire)

LETUS, which was developed and designed by the AntChain team, will increase the effectiveness and lower the storage costs for blockchain networks.

Blockchain is a distributed peer-to-peer network, with each node storing data such as blocks and states. The LETUS storage engine is deployed at each blockchain node to provide trusted storage support. At the same time, it has the advantages in performance, large scale workloads handling capability, cost, and resource efficiency through ‘Smart Thermo-control Tiering’ and ‘Boundary Scan Based Batch Pruning’.

“As more and more digital assets are stored on the blockchain, storage capacity and efficiency has increasing impact on the overall performance of blockchain platforms, including transaction speeds and operational costs,” said Yan Ying, technical director. “Compared to current mainstream industry solutions, LETUS can improve storage throughput by 15x, reduce latency by 90%, and save disk bandwidth and space usage by 95% and 60%, respectively.”

LETUS has been deployed and running in Topnod, a digital collectibles platform powered by AntChain. It has helped the platform improve performance and reduce storage costs by about 75%.

Geoff Jiang, president, digital technology business group, Ant Group, at Apsara Conference
(Photo: Business Wire)

“For the many industries undergoing digital transformations, mutual trust between companies and customers is increasingly important. At Ant, we have been investing in research and development for blockchain and other digital technologies that help to increase both trust and security,” said Jiang. “We remain focused on the technological breakthroughs that create a trusted digital network to improve industrial collaboration and allow us to use our innovative products and services to better serve the real economy.” 

During conference, company also released: 

• 4.0 version of mPaaS, its one-stop mobile development solution; 
• 2.0 version of its Morse MPC (Multi-party Computation) platform; 
• 4.0 version of SOFAStack, its cloud-native PaaS platform; 
• 4.0 version of OceanBase Community Edition, its distributed database; and 
• other security products. 

In past 2 years, company has also released number of blockchain-related products and solutions, including: 

• AntChain Station, the all-in-one workstation; 
• Blockchain Transmission Network (BTN), a high-speed, long-distance blockchain communication technology; 
• Module-as-a-Service (MaaS) integrated computing module for simplified blockchain deployment; 
• FAIR, the data privacy collaboration platform; and 
• T1 security chip, self-developed blockchain-powered security chip. 

Many of these solutions have been deployed by Chery Automobile, Zhejiang Huatie Emergency Equipment Science and Technology and other industry partners. 

About Ant Group Digital Technologies
It continues to promote the development and application of digital technology, introducing products like AntChain, OceanBase, SOFAStack, and mPaaS based on its expertise in blockchain, privacy computing, security technology, and distributed database. It is committed to working with partners across different industries to support the small and medium-sized financial institutions in their digital transformation, enable SMEs in the service industry to operate digitally and facilitate digital collaboration across industries.