Improving Blockchain Performance with TreeBlock

in #blockchain6 years ago

Blockchain technology has produced a lot of changes recently, mainly positive ones. However, due to its popularity growing, the development of cryptocurrencies can become worrying as the operations and transactions are also increasing in numbers. When it comes to users'expectations there is nothing new about it - everyone is expecting smooth and fast transactions, with high levels of security. But this should be every platform’s priority: the comfort of their customers. So how can companies meet the user’s standards for efficiency and performance in blockchain transactions?

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Discover TreeBlock platform

TreeBlock is a public multiple Delegated Proof of Stake blockchain which aims to solve the existing issues of performance and scalability in blockchains. To do so, TreeBlock created a Hierarchy-Time Sharding Blockchain. This will also solve others problems including security, storage and tokenomy. The innovative Time Sharding Trees architecture created by Treeblock aims to use dApps to be adapted onto the TreeBlock blockchain. Therefore, it will connect an entire network of users around the world using smart devices, smart contracts and AIs.

One of the many dApps that will run on TreeBlock is Family Enterprise Solution or YouRoot App which will be integrated into a Producer management module. YouRoot is also the name of the company in Singapore which runs the ICO. This project has also developed a Beta version for the YouRoot app which is currently in a restructuring process to work within TreeBlock.

YouRoot will help families manage their finances, digital assets, businesses, and also maintain relationships and values. By assisting families, TreeBlock develops a Smart Society that will eventually manage everything smartly! Some of the main features provided by the app are as follows:

  • High security
  • Safe: storing and protecting solutions for the most valuable information and records
  • Tradition: preserving family data and family relationships
  • Flexible: uniting both centralised and decentralised technologies
  • Technology: improving the status of wealthy families through the Blockchain
  • Inheritance: transferring assets of the family members to the next generation
  • Community: connecting members through social connections and family tree
  • Knowledge network: each family brings knowledge for their AI.

The team

The key person behind this project is a man called Anh Le, founder and CEO of Treeblock, with over 12 years of experience in software projects including designing new system architectures and new algorithms; he is also a Blockchain and AI researcher.

Token Details

TREX is the utility token of blockchain TreeBlock. At the moment, TREX is an ERC20 Token running on blockchain Ethereum, but it will be swapped 1:1 to the native token on TreeBlock at a later stage.

If you’re interested in the token sale, you should know that the ICO is now live and will last until 6.5B of TREX is sold or whenever the team decides to stop selling tokens.

The funds raised through the ICO will be used to improve the TreeBlock platform, to develop the Block Producer Management App and other dApps on TreeBlock.

To find out more about this initiative, you can visit the Website or follow them at:
ANN
Whitepaper

ETH address: 0x876e3a15a4711e22109f8701318b141e6e450158