A NEXUS OF PLUGCHAIN BLOCKCHAIN

PLUGCHAIN APPLICATION SCENARIO

Smart contract are written in Boolean logic and is highly deterministic, so the efficacy of the mechanism in entirety is well established in the whole process with automatic operation. Plugchain™ can make a very positive change in the credibility, privacy and Defi aspects which ensures a trust free final execution pending on the quality of the data input.

1. DeFi field

According to Babs Rangaiah, “as it relates to media, we expect blockchain to be able to provide a single source of truth to any given media”.

2. Stable currency

According to Ikuya Takasima, “Stablecoins is an asset that typically features price stability. The advantage of them is that they give the user total control over their holdings. On the other hand, the US dollar is a great example of a fiat stablecoin, as it offers low volatility and so provides a reliable unit of money to invest in both the short term and the long term. However, the US dollar doesn’t give the user any form of control, as it is monitored by the Federal Reserve Bank and is dependent on the banking network in the US for commercial use”.

3. Debit and credit platform

Decentralized Peer-to-peer ending platform allows anonymous users to mortgage margin and triggers the liquidation procedure.

4. Insurance application

Crypto asset stable currency is based on cryptocurrency mortgage. Instead monitor the margin ratio of encrypted collateral, issue a warning when their prices to fiat currencies by maintaining a higher ratio of collateral to collateralized assets, and its collateral is Ethereum and other chain assets.

TECHNOLOGY REALIZATION

Security and scalability, as well as scientific on-chain, off-chain and inter are the reason why Plugchain™ has the confidence and strength to stand the agent system that calls the user contract; Second, the supervision system.

INNOVATION

The computing of Plugchain™ is chain related and designed to include sections such as;

  1. Verify the registration system that the node outside the chain join
  2. Fragmentation, status channel and lightning network which can well be improved upon.

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Official Plug Chain™

Official Plug Chain™

An open-source layer 0 blockchain with a low gas fee ($PLUGCN) & high performance, Plug Chain’s designed for cross-chain usage with strong Asia Tech community.