Multiversium comes with Multichain Relational Database innovation

zhephany (27)in #blockchain • 7 years ago

Inside the Multiversium platform there is a modern, fourth generation revolutionary blockchain technology, and much more sophisticated than ever. Multiversium's goal is to solve various traditional blockchain problems and difficulties to tap into difficult corporate and industry environments. Multiversium comes with innovation Multichain Relational Database, which serves to display various types of transactional data. Multiversium not only offers a variety of convenient features but also ensures environmentally friendly blockchain operation. Blockchain technology that from time to time experienced a very rapid development and increasingly exploited for various purposes was still not completely perfect. Blockchain technology has evolved three times, with feature enhancements tailored to the changing times.

But in reality, there are still some severe problems that must be overcome. The first problem is the limitations of traditional blockchain technology in managing complex and complex data. Low scalability and speed further lead to a lack of back-end control over system integrity and security In blockchain networks. This condition makes the blockchain system unable to enter market share in government, industry, finance, public health, and institutional. In addition, today's more widely used blockchain technology also has adverse effects on the environment. Blockchain mining procedures to process transactions that run on the network consume enormous energy. Based on the problem, then Multiversium was formed. The platform is here to provide innovative and high-quality solutions. This creates more advanced and secure fourth-generation blockchain technology.

For the first step to be taken by Multiversium is to allow blockchain technology to be used in government, financial institutions, public health, institutional, and so on. If previous blockchain can not display complex and complex data types, then fourth-generation blockchain can do so with Multichain Relational Database. This serves to show a variety of transactional data. Each data will be connected to one another, in a multidimensional structure. Multiversium will create flexible data chains, to meet all the needs of the market entity for high operational security and enable the use of blockchain technology to increase productivity.

The fourth generation blockchain technology created by Multiversium not only has a strong security system but also has unparalleled scalability. Scalability reaches 64,000 Tps (1000 Tps per core) on 64 core servers, even supporting the use of 64+ core technologies. Multiversium offers a multicurrency wallet to its users, thanks to the integration of ERC-20 / ERC-23. The Multicurrency wallet is equipped with advanced biometrics to ensure safety. It uses a fingerprint scanner and an iris scanner. Finally, users will avoid hacking, fraud, theft, and transaction errors.

In Multiversium, users can perform cryptocurrency transfers very quickly, requiring only 0.2 seconds including security validation. Interestingly again, the cost per transaction to be paid by users is very small. All complex and complex data organizations will be validated with a PoI or Proof of Integrity. Multiversium will trim chains to optimize resources at each node. This is one of the platform's goals, creating a more environmentally friendly blockchain procedure. The last feature owned by Multiversium is Rollback, this option can only be enabled for a token that is hosted Multiversum. Multiversium will release a utility token called Token MTV. Token Sale takes place from 01-May-2018 to 10-Jun-2018. Price 1 MTV Token is 1USD.

Multiversium innovation that develops fourth generation blockchain technology

Having a Multichain Relational Database that serves to read various types of complicated and complicated data
Encourage blockchain technology for use in government, finance, industry, corporations, and others
It has a multicurrency wallet to store or transfer crypto
The multicurrency portfolio has a high level of security, with a fingerprint scanner and an iris scan
Allow transfer of entire collection in just 0.2 seconds
Blockchain procedure is more energy efficient and environmentally friendly
Rollback
Validation of data with PoI is more energy efficient and faster
Powered by Multiversium app that can be installed on Android and iOS
It has the most significant Node Recovery in the world, to perform data recovery when a global disaster strikes