Korean company Sym Verse has announced about development the decision, which is able to revolutionize the industry of blockchain technology thanks to increasing transactions` speed.
DG of SymVerse Choi Soo-hyuk called blockchain-platform of the company “perfect network for operation with decentralized applications”.
“Our network is the decision for operation with different blockchains, which will allow reaching high speed”, – he said.
It is informed that blockchain-platform of the company allows implementing very quick transactions, wherein, they don`t demand the usage of smart contracts. Representatives of SymVerse have stressed that they consider this decision can revolutionize the whole industry, making it more effective and attractive.
Besides, the company’s platform realizes new personal identification system. Thanks to “SymID” accounts users can convert money into cryptocurrency and contrariwise quickly and without troubles.
Large Organizations Will Work on the Base of SymVerse
They report that on the base of SymVerse blockchain will operate more than 30 companies, among which are such large organizations, as software development company Hancon Secure and peering platform Chainflix. The companies also want to launch their own applications based on SymVerse blockchain platform.
Investment resource notes that the team of advisors of SymVerse includes the owner of 2011 Nobel Prize in Economics Thomas Sargent.
“SymVerse – is the single organization in the world, whose advisors team includes Nobel laureate. All our advisors make best effort for the growth of our blockchain network”, – company’s representatives claimed.