TEMTUM: THE SUMMARY
The temtum provides a blockchain technology network which improves the network routing by achieving the decentralized scalability, high speed, low resources, limit block size, future proof cryptographic security for esurience of transaction money.
It is blockchain technology which provides achievable blockchain, consensus algorithm (which allow one by one leader to be selected at same time, this eliminates energy cost and protect it from foreign malicious effects), routing algorithm (this allow the accurate transaction of money to only one node rather than all network) and NIST Randomness Beacon (use to produce mechanically proven numbers to secure the temporal blockchain network).
Our aim for providing the users best network for transaction with high speed and efficiency can only be achieved by integrating the existing technology system with real-world system and introduce the modern technology to enhance the economy with minimum costs and maximum convenience. So, it developed solutions for point-of-sale (POS) mobile payment by giving the users to a seamless platform for existing mobile and contactless payment networks.
This transformation of conventional system into latest blockchain technology i.e. temporal system will allow it to give a exchangeable platform in which TEM token can be exchange with other standard cyptocurrency tokens in the same payment method that already exist. This can be achieved by comparing the use of temtum technology now-a-days and the use of it in future.
Temtum platform are giving the users a lot of facilities and providing them temtum wallet to make purchases through conventional payment networks, such as Visa for instance, with total freedom to the vendor who will see only a flat money transaction.
There are a number of benefits that gained by users after adopting temtum network for payment. They include
• High speed, transaction occurs in just seconds
• Provide peer to peer network
• This currency have same value across all the world
In opposite to the conventional cyptocurrencies, the goal of temtum is to spread this system widely and make them used globally, so that everyday purchases take place through temtum network. It uses the NFC capability on Smartphone interacting with standard POS terminals, which use widespread in the developed economy.
Competitor analysis:
Temtum is working now-a-days in an increasingly congested cyptocurrency marketplace. They believe in uniqueness of their product in a variety of cyptocurrencies product. It provides that advantages which is not provided by any other blockchain technology to maintain their market in large competition. It also provides a lot of unique facilities to the customers for promotion of their product.
Commentators and regulators21 have divided cryptocurrencies into three main categories:
» Payment coin (or exchange coin) – a means of payment or value transfer
» Utility token – that provide access to a service
» Security token (or asset coin) – that represent rights in or to assets or businesses
Network integration:
For the success of temtum network, this blockchain network has to integrate the traditional method of transaction with the real-world system. This system has tested over 6 months and is verified.
https://temtum.com/downloads/temtum-whitepaper.pdf
https://t.me/temtumcommunity
https://www.linkedin.com/company/temtum/
https://www.facebook.com/wearetemtum
https://twitter.com/wearetemtum
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2545267
ETH Address: 0x0A5E585d05b868baCBB6EFB84170aBdE8aA9895a