On June 19, Cryptanite Blockchain Technologies Corp., a Boulder-based blockchain technology company, announced the launch of hosting capabilities with Codius, an open-source platform that enhances the hosting of smart contracts and apps powered by the Ripple blockchain. Cryptanite Blockchain is one of the first firms to market with Codius’ hosting capabilities as publicly listed in both Canada and Germany.

What Cryptanite aims and does

Cryptanite is currently one of the only public companies that is committed to offering Codius hosting services. Our goal is to support the development of the blockchain ecosystem, and to provide reliable Codius hosting that makes it easier than ever for individuals and companies to benefit from blockchain technology.” Henry Duong, Cryptanite’s CTO stated. Cryptanite Blockchain Technologies Corp. harnesses the blockchain technology to produce a secure, real-time peer-to-peer payment system. The firm’s growing product line include web and mobile apps, including credit and debit products for fiat and cryptocurrency markets. Cryptanite is based in Colorado’s Front Range.

Cryptanite Blockchain’s announcement empowers users who want to experiment and develop smart contracts for professional use and which cannot currently be hosted on cloud computing platforms. The company aims to ensure anyone who interested in smart contracts with the Ripple platform has a trusted and stable source for hosting their projects and similar to hosting a website or application, the ability to trust that the app or site will not go down is vital.

Codius and Cryptanite Blockchain’s involvement

Creator of the InterLedger Protocol and CTO of Ripple, Stefan Thomas has formed Coil and released Codius as open-source software that anyone can utilize. Codius makes experimentation on the blockchain more widely available because people will not need to build from scratch in the same way cloud computing made web hosting more accessible.

The hosting service allows users who want to experiment and create smart contracts for professional and personal use to host and their smart contract projects of any size on Cryptanite’s node. The firm’ss Cryptanite Wallet app is created and designed to provide a secure, easy-to-use and frictionless process to buy, invest and store a diversified collection of up to 15 and more top cryptocurrencies, including bitcoin, Ethereum, Stellar, Dash and Ripple.