Founded by a former JP Morgan blockchain team lead, Kadena has released Pact 3.0, which enables safe and simple smart contract development on the blockchain while supporting cross-blockchain smart contract execution between private and public networks. Although it is yet unknown whether this technology is patent-pending, Kadena is continuing to pursue its pending patent applications on blockchain systems of parallel-chain architecture and allowing secured access-as-a-service to information. Kadena has already built ScalableBFT, a private blockchain platform, and will be launching Chainweb, a public blockchain platform, in October.