Hello everyone ... at the moment Blockchain Technology is facing some severe problems nowadays - mostly privacy, scalability and interoperability. While scalability solutions are being developed, Chryp.to focuses on the privacy and interoperability of distributed ledger systems and their respective applications as the ability of open protocols to interact and communicate with each other offering extraordinary opportunities and could mean a new era for the Internet. In this Whitepaper, we will propose a multi-tiered blockchain solution for cross-chain interoperability.
Chryp.to is a ledger technology that is distributed, better known as the blockchain, considered the most disturbing technology in decades. This has the potential to eliminate a large number of records, save money, and disrupt IT in ways that have not been seen since the arrival of the internet. Based on a distributed peer-to-peer topology where data is stored globally on thousands of servers, it is almost impossible for one entity to play system games or to gain control of the network. As is the case with other ideas in our day, Blockchain follows the same development trajectory where there were initially innovators followed by several early adopters and then came the majority of the start and end. In recent years disruptive technologies such as personal computers and laptops, cellular phones and even the internet have followed the same development trajectory. But with the passage of years and the development of new technologies and platforms the time between initial innovation and adoption by most has shrunk significantly. For Blockchain, we are currently at the initial adopters stage. And this development is not without challenges. Some people might argue that we are already at the adoption stage by the initial majority, from the look of crypto's market capitalization of around half a trillion dollars in 2017 to be a strong reason for that. But crypto market capitalization and the technology underlying blockchain are not like most digital platforms on the market because it's not an idea to do business, but it's something that will change the way people do business forever. The hidden potential of the blockchain, if and when released will dwarf the market capitalization of half a trillion dollars. Already giant companies like Allianz, BMW, Siemens are looking for ways to use this technology for their products. That's just the beginning. Everything for the Blockchain and Cryptocurrency is not smooth sailing from here onwards. There are challenges - some very big challenges. The success of this technology will depend on the speed and efficiency of resolving these challenges.
Energy use, limited number of transactions per second, development in cryptology and quantum computing are just a few challenges. As with Blockchain applications in various fields ranging from supply chains to food security, development in a large number of fields also impacts the time for implementation. For this reason, there is a need for one platform, which collects, curates, and disseminates information about all globally relevant developments in various fields that could potentially affect the speed of adoption of Blockchain or cryptocurrency. Chryp. Hopes to fill the gap.
Energy use, limited number of transactions per second, development in cryptology and quantum computing are just a few challenges. As with Blockchain applications in various fields ranging from supply chains to food security, development in a large number of fields also impacts the time for implementation. For this reason, there is a need for one platform, which collects, curates, and disseminates information about all globally relevant developments in various fields that could potentially affect the speed of adoption of Blockchain or cryptocurrency. Chryp. Hopes to fill the gap. Chryp.to's goal is not only to present that information to its readers base but also to identify and present opportunities that can accelerate the development and adoption of these technologies.
This product is the Chryp.to network & platform, built to bring the Crypto world closer and to increase the application of blockchain applications. Current and upcoming features are the first step towards a holistic crypto & blockchain platform that caters to all needs - for beginners, beginners, developers, journalists, investors & traders.
For more information, take advantage of the following links:
SITE: https://www.chryp.to/
WHITEPAPER: https://tokensale.chryp.to/whitepaper/
FACEBOOK: https://www.facebook.com/chrypto18
Author : cinta monyet
My BitCointalk profile : https://bitcointalk.org/index.php?action=profile;u=1957091
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