Case Study: Bosch Research achieves blockchain micropayment scaling with LF Decentralized Trust’s Perun layer-2 protocol

Step-by-step process leads Bosch to Hyperledger Labs with Perun layer-2 protocol

Bosch Research, the advanced research group of the Bosch Group, faced the challenge of scaling blockchain for the Economy of Things, where IoT devices need to make fast, high-frequency micropayments. They required a secure, blockchain-agnostic solution to overcome the limitations of slow transaction speeds and the constrained resources of IoT devices. They partnered with the vendor LF Decentralized Trust to implement the Perun layer-2 protocol.

LF Decentralized Trust, through its Hyperledger Labs project, implemented the Perun protocol, which uses off-chain virtual channels to settle micropayments in milliseconds for any cryptocurrency. This blockchain-agnostic solution enabled Bosch to run demos on Ethereum, Polkadot, and Cosmos blockchains. As a result, Perun became one of the top 10 most active Hyperledger Labs projects in 2021, successfully creating a scalable framework to support the future Economy of Things.