Re: XTblock is a hyper-capable network for a high-performance blockchain
Why do we believe the future belongs to XTblock?
There are many reasons, such as powerfully enabling decentralised AI and decentralised bot computing with our hyper-capable network. But let’s tackle the matter of supercharging blockchain with our network first.
According to PwC, blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade. However, in order for the blockchain to be widespread, it is important to deal with some growing pains first. So, what are we talking about?
Problems with scaling — most of the modern blockchain platforms are incapable of handling a high-volume of transactions as the rate of adoption continues to soar.
Cost of deployment and application development can be prohibitive and vary greatly, based on individual users’ and enterprises’ requirements.
While a few blockchain platforms like IBM’s which uses the Hyperledger framework, and Ethereum, are working hard to address these issues, XTblock is already set to address these challenges.
What’s also important is that our project doesn’t solve just blockchain’s scalability issues, but can provide a powerful alternative to legacy IT networks at a global level as well.
There are many reasons, such as powerfully enabling decentralised AI and decentralised bot computing with our hyper-capable network. But let’s tackle the matter of supercharging blockchain with our network first.
According to PwC, blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade. However, in order for the blockchain to be widespread, it is important to deal with some growing pains first. So, what are we talking about?
Problems with scaling — most of the modern blockchain platforms are incapable of handling a high-volume of transactions as the rate of adoption continues to soar.
Cost of deployment and application development can be prohibitive and vary greatly, based on individual users’ and enterprises’ requirements.
While a few blockchain platforms like IBM’s which uses the Hyperledger framework, and Ethereum, are working hard to address these issues, XTblock is already set to address these challenges.
What’s also important is that our project doesn’t solve just blockchain’s scalability issues, but can provide a powerful alternative to legacy IT networks at a global level as well.