In recent years, representatives of government agencies, businesses, the financial sector, and the banking community have shown great interest in relatively new technology - blockchain.
In 2013, the blockchain 2.0 applications focused on a wide range of areas, from domain name registration to financial contracts, crowdfunding and even games based on the same technologies that ensure decentralized and secure Bitcoin. According to the definition of D. and A. Tapscott, the authors of the book “The Blockchain Revolution”, “... blockchain is an eternal digital distributed journal of economic transactions that can be programmed to record not only financial transactions but also practically everything that has a value”.
Distinctive features and advantages of Relictum Pro
The number of possible embedded smart contracts is not limited in number and in time. Cryptocurrency is one chain of smart contracts; tokens are the second chain of smart contracts; the third chain of smart contracts is operations in crypto exchanges. New properties emerge in the operation of all smart contracts in Relictum Pro developed by smart contracts:
- The possibility of the intersection of smart contracts, thus describing a more complete type-properties of the goods;
- A blockchain remembers everything as an opportunity to get a virtual portrait of a person and, if desired, a participant can make a full sample on various aspects of their life activity.
Relictum Pro has several major features:
- Smart contracts are used to formalize any type of activity where an event occurs;
- Smart contract independently monitors whether some particular terms of the contract were fully implemented. At the same time, thanks to the Relictum Pro system itself, the code is absolutely protected from any third-party intervention;
- That is, no attacker can change the source code of a smart contract between two (or more) nodes;
- It is an opportunity to conduct operations with different types of smart contracts;
- Possibility to generate new smart contracts with new type-properties or property-types;
- In our system, a smart contract can be concluded at the same time between 10 contractors. The weight (size) of a single block in Relictum Pro is about 120 bytes, which is 8000 times less, compared to, for example, Bitcoin.
Read more about Relictum Pro features HERE:
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