Resource Efficiency in Enterprise Computing
Moving from Proof of Work (PoW) to Proof of Stake (PoS) marks a big efficiency improvement and helps in energy saving. Apart from that, there are huge benefits of security and openness which are very important in enterprise computing.
Enables IoT as Validators
It is invigorating that we need less or no computing power to stake your coins or solve huge puzzles like in PoW consensus. Devices like mobiles and smaller computing devices like IoT devices can be used to take part in staking and validating the transactions.
Multi-Layered Hybrid Consensus Algorithms
Multi-layered consensus algorithms such as a combination of Proof of Stake and Proof of History or Proof of Reputation help in providing solutions for enterprise applications, especially relating to automation and IoT. This helps in managing digital and physical assets and helps Reputation, Attribution, Discovery, and Monetization.
Masternodes Provide 2nd Layer Security
With the objective of providing more security and high transaction speeds, we require more nodes for validating transactions and smaller payloads for quicker transmission. With the best of the reward system for Master Nodes, more and more nodes get added on a daily basis. All these add to a new layer of security that makes the whole chain very robust and secure.
Green World Initiative
We want to touch the lives of millions of people through advanced technologies that bring ease and comfort to their lifestyle.
When products become services and services are rented on demand, there is going to be the trade of services from many unknown sources. That is where the blockchain comes in and acts as the perfect catalyst. Also, when more and more buying is done beyond geographic boundaries, our coin on this new technology helps.
Atomic swaps are used to enable the exchange of one crypto coin for another without any centralized exchange, so swaps can take place directly between blockchains of various cryptocurrencies. The mechanism of exchanging cryptocurrencies is time-consuming and complicated as it happens today. The decentralized existence of today’s ecosystem of cryptocurrencies, for example, poses many obstacles for ordinary traders.
Increased Transaction Speed
More nodes and more validators help in making the transaction speed faster and secure.