In the roadmap you point to the development of a SOBLO consortium. What is it for and what is its advantage over existing systems?
SOBLO (Society of Blockchain) is a system that can process transactions faster than the typical blockchain system. By using a consortium based blockchain that uses PBFT consensus algorithm, Soblo will be able to process up to 1000 transactions per second. Also, DApp developers that are members of the consortium will have a free smart contract environment as well as technical assistance.
If you allow, too, enter into a dialogue. Do I understand correctly that you have teamed up with other companies to develop such a protocol and this will allow them to use different payment systems while staying in the same system?
SOBLO free blockchain consortium structure will operate based on good faith. In this structure,
1. The nodes will operate in good faith and without coin rewards. It will therefore not need miners and will not waste electricity.
2. By combining many blockchain projects into one consortium, it will save tremendous amount of resources by different organizations.
3. By organizing the consortium in an effective manner, it would still serve, effectively, as a decentralized
system.
4. Due to the structure of the blockchain consortium, it will operate fast and without cost. This will
ultimately lead to the creation of blockchain services that can be applied and used in real life situations and
overcome the problems that many current platforms face in its application to real businesses.
You can learn more about this structure in the article
https://medium.com/@KStarCoin/kstarlive-doogle-legalblock-and-underpin-join-forces-to-create-soblo-433100d51c7