As we all know that the world is rapidly going digital, as new and more sophisticated technologies are being developed everyday.
This digitalization which has set in, into the world today, is actually elevating the world system.
One of the greatest technologies which has been developed is the blockchain.
The blockchain system was created with the hopes and aims of bettering the lives of everyone who adopts it.
It has upgraded the global financial system, the world sectors, industries and every other system which has adopted it..
Because with the blockchain technologies, operations on every sector or every aspect of our lives today, is affected in a good way and made seamless.. So that the global population can enjoy infinite benefits of their labours, and the global economy will become more advanced.
You see?, there is a very long list to the great benefits that is attributed to the blockchain and is achievable through it's adoption and efficient use.
This is indeed a great news for the world, but there is still a setback in the use of this technology.
This setbacks has rendered the blockchain industry, unproductive and has impeded it from elevating the world to a great height.
The available blockchain platforms which are supposed to help the world transition into the blockchain era, and enjoy it's benefits, are not living up to expectations, as they are still defected in so many ways.
In fact, these setbacks experienced in the blockchain platforms, has actually dissuaded a lot of people as well as industries from making use of the blockchain and as a result, denied them of it's benefits too.
Let's take a closer look at some of this setbacks.....
BLIGHTS AFFECTING THE BLOCKCHAIN PLATFORMS
Some of the challenges affecting the blockchain platforms are......
Slow transaction speed
High cost of operations
Scalability issues, and....
Dapps dependency rate.
All these are experienced in other blockchain platforms and has crippled the blockchain industry, thereby taking away, the chance that the global industries had, at reaching a milestone.
Truly, this is a disturbing issue for the world today, as it has discouraged a lot of people and industries, from participating and adopting the blockchain system.
But all hope is not lost, because there is a platform, which has the interest of the global industries and the masses, at heart.
FLETA, MAKING THE BLOCKCHAIN INDUSTRY, AN EFFICIENT ONE
Fleta is a blockchain system, which is aimed at liberating the blockchain industry for the decentralized apps developers ( Dapps), miners as well as the users.
Fleta will ensure that all those blights that has plagued other blockchain platforms, will be eradicated.
When using the Fleta blockchain platform.......
Scalability will be made possible, with the aid of Fleta multi-chain, which enables the data-chain to expand when Dapps are developed on it.
Speed is not a problem on the Fleta platform, as it will run a speedy operation, and at a low rate, in order to make the blockchain industry, enjoyable for the users.
Fleta has also developed a new and better consensus model, which is nothing like the Proof of Work (PoW) and Proof of Stake (PoS).
It will use the Proof of Formulation (PoF), which makes the generation of blocks and the verification process, fast and easy.
With all these benefits, Fleta will make Dapps independent, so that it can be beneficial to Dapps developers and the world at large.
Fleta is truly a game changer for the blockchain industry, as it seeks to give the Dapps developers, miners and the users, everything they need to make their operations productive, thereby reviving the blockchain system and elevating the global economy.
Writer - Cjkalu
Bitcointalk Username - Cjblog
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