Azbi Network - Introduce

in #azbi5 years ago

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The dissemination of information has been quickly advanced through the internet; after two decades of development and rapid expansion, global societies have fully immersed themselves in the media age.

Blockchain represented an introduction of value to the assets which the internet brought, and the distribution of digital assets has exploded in popularity, making the area of independent financing a viable possibility.

The future of industry will be reshaped by the implementation of blockchain in the not too distant future, in the same way that traditional industries were reshaped by the internet.

Historic breakthroughs normally come about by either finance becoming available, or through advancements in technology.

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AZBI Network is a newly created, infrastructure level, multiple chain, public system. It has native support and EVM, which creates a scalable and an open platform for the industry’s third party developers. Large scaled enterprise level applications are possible with the AZBI Network through the use of smart contracts.

Core technologies which underline the AZBI Network includes native multiple chain architecture which supports the EVM environment through a POS based consensus across a multiple layer. As multiple chains become more prevalent the storage capabilities and computer power linearly increases.

AZBI Network is the first blockchain that will support EVM on a multiple chain layered structure. The multiple chain approach is far superior than the previous child-chain method which commonly supports smart contracts and benefits by the improved DApp supporting features.

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Smart contracts are facilitated on Ethereum through the Solidity language, which creates the
platform to write and deploy distributed applications and blockchain applications (DApp).

The exchange of assets and funds is finance. Blockchain creates a new economic blueprint that manifests as a digital based currency which is represented through many different cryptocurrencies, or a digital asset that can be seen through the use of a smart contract.

Blockchain and digital currency record payment transactions within the distributed ledger based accounting system. Users are able to customise smart contract rules and create a code that complies with the logic they want to dictate the transaction.

AZBI growth can be seen in a horizontal context with the main and vertical chains acting like child chains; when either creates a new DApp, the child chain is created. This allows the main chain to execute a request which is followed by the generation of a block MP.

The new child chain generates an initial node to the MP block which contains the smart contract binary code. When AZBI receives a request on the network it is processed in the network through the generation of the next child block,which is able to grow to the level required within the smart contract being executed. When the smart contracts are upgraded on the chain the newest block generated will carry the binary code for the most recent smart contract.

https://azbi.io/
https://t.me/azbi_io
https://twitter.com/azbi_io
https://www.linkedin.com/company/42436236
https://medium.com/@azbi

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