IBAX presents best smart transaction processing and multi-level permission management

in #blockchain4 years ago

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I've written a couple of articles covering some core aspects of IBAX which is a blockchain project revamping many sectors. Here is an article about IBAX smart transaction processing, better than existing blockchain projects.

SMART TRANSACTION PROCESSING MECHANISM
Unlike the operation singularity problem where contracts can execute only one operation at a time in other blockchain systems, IBAX Network supports a multi-layer contract nesting mechanism. It allows multiple contracts to form a smart transaction that can handle complex service logic, including several multi-directional service contracts and multiple service interface functions. A smart transaction is equivalent to a set of operational rules in a system. The communication and processing of smart transactions have overturned the rigid service communication mode of blockchain systems. With it, realization of huge and complex service logic and requirements in IBAX Network has become clear and simple.

MULTI-LEVEL PERMISSION MANAGEMENT
For ecoLibs in IBAX Network, different roles and permissions for administrators, visitors, users, etc. can be set according to the service needs. Different levels of management permissions can also be established according to the service environments to meet various commercial demands. The same technical core carries different role permissions, which is sufficient to accommodate to the complex and changing service scenarios in the market. IBAX Network has a clear concept of roles and users. By assigning certain permissions to a role group and adding users into it, the same permissions will be assigned for all users in a role group. A role group can also have an administrator who has the right to add or delete users in it. You do not need to worry about the existence of centralized management of roles and permissions. The voting mechanism corrects this situation perfectly.

Website: https://ibax.io
Global Partner Recruitment: https://forms.gle/uahzDWJcU4ifs4zFA/
Whitepaper: https://bit.ly/3fGERao
Twitter: https://twitter.com/IbaxNetwork
Linkedin: https://www.linkedin.com/company/68016504/
Medium: https://medium.com/@ibaxnetwork

#IBAX #CROSSCHAIN #CRYPTO #DEFI #DECENTRALIZED #BLOCKCHAIN

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