Leading blockchain firm, ARXUM recently announced the testing of its ER20 token –based production protocol with IOTA triangle.
A whole new dimension
The testing of the new production protocol is essential, as it will make sure the AX token is fully utilized by the network, which is an excellent requirement for any AX token holder.
Though the system is designed in such a way that the transaction fee is paid through Ethereum, but any other form of blockchain technology can be plugged in into the mechanism, to handle other productions and other forms of related transactions.
This new system is a very big step for ARXUM, because it will open the firm up to a lot of possibilities, as it will not be tied up to one blockchain, but can be built on any blockchain that runs on smart contract.
The firm is blessed with an option of choice. It is noteworthy to state that each blockchain technology has its pros and cons and each problem is peculiar in its sphere.
ARXUM will now have the option to choose the form of blockchain technology that suits its system and not subjected to one irrespective of its deficiencies.
Due to the fragile nature of its service, the firm may need to apply different blockchain protocols at different times. Some production processes create a high number of payment transactions, some may have low transaction volumes but need elaborate smart contract templates, others may have quite a high number of participants interacting with a single manufacturing order over a long period.
The firm will thus apply the best protocol to suit each production demand.
To further achieve their dream ARXUM is conduction a lot of research on this particular concept, which will aid the firm to extend it to new upcoming blockchain base protocol projects.
The firm is also conducting painstaking research with other blockchain technologies, with the hope of achieving further results that will move the firm closer to its goals.
The ARXUM token sale will allow the public to support the brand to achieve a future for tomorrow. There is a total number of 125,000 AX toke. 80% of the token is available for the general public, 16% is for the team, while the remaining 4% is for the bounty campaign.
To learn about us, visit https://arxum.com
The team: https://www.linkedln.com/company/arxum
Follow on Twitter: https://twitter.com/TheArxum
Read the whitepaper: https://arxum.com/downloads/
Media team: Contact name: Jens Harig
Email: [email protected]
The post Blockchain Giant ARXUM Test New Production Protocol appeared first on ZyCrypto.