FST Network - Key features and Advantages of the project

bambila (38)in #cryptocurrency • 6 years ago (edited)

Hello, colleagues!

It is no secret that the Internet has greatly influenced the lives of every person on our planet. This technology has been implemented in many areas of our life, bringing a completely unique opportunity for each of us. It was difficult to imagine that such a technology would be in demand for many years and no one knows how much longer it will exist.
Over time, the Internet has become the progenitor of another unique technology - blockchain. At the moment, many people believe that the blockchain will be one of the most important multi-level technology in the future, which will be based on the whole community with the use of network engineering technologies. Blockchain has become the ancestor of many projects that have radically changed our lives.
Today we will talk about one such project called FST Network

Key features

FST Network is a blockchain startup, whose team creates it products and architecture that allow to upgrade and improve existing blockchain registries, applying various protocols to them.

The main feature of the project is the scaling of blockchain technology by analyzing each individual object under consideration into small components – modules. This approach can significantly reduce the technical complexity, as well as significantly reduce development costs in the blockchain environment. Modular blockchain provides customers with high flexibility and scalability of their business, as well as allows the simultaneous use of many different applications. Definitely this has a positive effect on the end user, as it will be offered the best applications and services.

With 3 unique protocols and 2 basic standards, customers who have applied to the FST Network will be able to quickly tokenize their business, develop decentralized applications, configure data exchange between their accounting systems and the blockchain registry, as well as, if necessary, configure more complex integration with several different blockchain networks..

Problems

Today, another technological paradigm is being formed, which is fundamentally different from the current technologies. This applies not only to the software part, but also to the hardware. Low-functional software and outdated equipment are increasingly raising security issues.
The development team of FST Network believes that the blockchain is a key network technology, which appeared at the right time more than ever, because today there are quite a lot of problems that need to be solved, namely:

Lack of developers and low level of knowledge. These problems have a great risk for business. The lack of a clear architecture in the company affects all aspects of security from communications to the system interface, integration of interconnections and development of smart contracts.
High network load. Failure to handle increasing loads leads to obvious problems: slow performance, inefficiency of smart contracts, and more.
Complexity of service deployment. Due to the lack of developers and the use of only basic skills, companies can not realize the maximum speed and use all the advantages of modern technologies.

Solutions

FST Network developers believe that the blockchain is the most important innovative technology that can affect the solution of both security problems and others.

To solve these problems, developers use an inductive deconstruction of the problem. This means that a complex problem breaks down into countless parts, and each of them is explained separately. This technique was called solitary. Creating an assortment of safe modules gives a point answer to each individual question, which reduces the business costs of updating the blockchain. In addition, this technique gives a high adaptability to the movement of the whole process to expand and scale it.

FST Network builds a three-tier engineering that uses various information exchange agreements. Similarly, the benefits of these levels accommodate leading exchanges both within and outside the system, which positively affects the rate of exchange processing and significantly advances the performance of the biological system.

For visual correlation, you can imagine that FST Network will work as a transport. There will be several unique segments, each responsible for a specific commitment, such as the automotive business, where there are segments responsible for tires, engine and various parts.

In case the client needs to move from one blockchain to the next, the KST Network group also has an instant response for this case. The innovation of the three-layer blockchain simplifies trading between different types of blockchain registers. As a result, the client saves time and money.

Conclusion

At first glance, this project looks confusing and raises many questions, but after a certain study of all the processes, it can be understood that the choice of using a three-level blockchain configuration structure has incredible potential. At first, any innovation may not intrigue and show how it can be used. However, practice shows that the most difficult to implement the achievements are becoming widely known and step by step optimized and adapted in life. I am sure that this project will have a great future and despite the unstable situation in the market, the developers will be able to implement all the plans.

#FSTNetwork #FST #Blockchain #Ethereum #Interchain