BIKI.COM LISTS HYBRIX: THE PLATFORM THAT PROVIDES SOLUTION TO INTEROPERABILITY ISSUES OF BLOCKCHAIN

in #hybrix4 years ago (edited)

SOLVING INTEROPERABILITY ISSUES ON BLOCKCHAIN WITH HYBRIX

JvFFVmatwWHRfvmtd53nmEJ94xpKydwmbSC5H5svBACH81BtZxZJGqNCeZsGFuKzbbPrmk6uh7YUQpwn79NBfgXYW5kcvBFS86M4wzh2e45UGBqVnARqBw4EWhokZBU74BzFrTZNn2.jpeg

Blockchain technology and cryptocurrency has been an integral part of modern financial revolution as it brings a whole new type of way of conducting online transactions. And one of it's best revolution it's in the removal and elimination of their parties and intermediaries in the transaction chain. Cryptocurrency in all its revolution and development seeks to achieve full and massive global adoption, of which it is edging towards at every new improvement and development, but still yet there are some things that needs to be put in place and properly address before the full adoption of crypto. One of this issues that needs proper attention is that of interoperability of blockchains.

LACK OF INTEROPERABILITY OF BLOCKCHAINS

Another crucial challenge of blockchain is the lack of interoperability between the massive number of blockchain networks, The issue is that with the availability of so many netwoblock there is lack of a universal standards that would have enabled different networks to properly communicate with each other. The high volatility in crypto as made developers to introduce stablecoins. Stablecoins are cryptocurrencies developed to reduce and minimize the volatility rate in crypto. These stablecoin has reduced volatility in crypto but the issue of interoperability still looms. there is hardly any interoperability between normal cryptocurrencies and stablecoins. In order to provide solution the use of atomic swap have been suggested for cross-ledger transactions but the atomic swap has not been able to do enough justice to this issue due to its technicalities and complexity. A new project has been developed to provide optimum solution to the interoperability issues around blockchain and act as a means to Uniting the entire crypto sphere, this project is Hybrix.

ABOUT HYBRIX

32FTXiZsHoAW6noHJDhrg3W8ZKHVFSsLYM859aTDCF8iErLtYsQ53naxkcC839SBTfnerPbU6C4PSrNpzpdUBBqmir79L1pihmR68qarcSSn3b2Rsm1zyB9ocMoHrVtQeoyWJfM7wtcmap2A.jpeg

Hybrix is a platform designed to unify the cryptosphere, it is a platform with the first multi-ledger cross border token with unlimited functionalities.
Hybrix develops a new blockchain interoperability network with the aim to Cross link the various blockchain together. The aim of Hybrix network is to facilitate transfer of DeFi value across chains with ease and low fees. Hybrix tends to be exceptionally different from the existing financial structures because the project is looking at financial markets with aim of creating a really decentralized platform where users of blockchain will be able to transact easily, ans also exchange and manage their digital assets portfolio across many chains without passing the interference of a third-party in the management of their assets.

HOW HYBRIX INTENDS TO SOLVE THE INTEROPERABILITY ISSUES OF BLOCKCHAIN

Different blockchains as been built over the years with the intention of complementing the weakness of the other so as to solve and provide real life solutions together, but it happens that most of the blockchain developed for this purpose are not compatible with each other due to lack of interoperability, to this effect we keep getting increase in number of blockchain built every day. But thanks to Hybrix this issue can be solved.

Hybrix provides solution to this issue by creating a high end protocol that can easily cross the borders of digital ledgers, this is actually an innovative technology that will enables freedom of transactions on 3 major levels:

●A multi-ledger platform for blockchain developers
● Cross-chain swapping protocol for all businesses
● Decenteralized Application (Dapps) for consumers.

Hybrix has actullay developed a Meta-Protocol solution to solve the interoperability issues of cryptocurrency and this is enacted by creating a unifying token of which can operate on the basis of the underlying structures of different blockchains. The hybrix platform is not as complex when compared to the atomic swaps. Hybrix tactics of solving the interoperability issues involves it enabling users to easily make transfer of value assets between supported chains. Hybrix considered the possibility of creating another blockchain, but considered that creating another blockchain will only lead to the proliferation of numerous blockchains, Hybrix decided to create a bridge with other blockchain by offering a unifying token that can actually serve and operate on other blockchain networks and platforms. This token supports the various stakeholders in the cryptosphere ecosystem?;miners, stakeholders, node operators, etc. Through the means of paying fees for the meta blocks .

HYBRIX ON BIKI.COM

4i88GgaV8qiFU89taP2MgKXzwntUGAvkoQiKU7VxyD37q9H6x3oepCoFEdNm5JFGfaEsU6KLeWo7i6GKbyAjboWP6gwFgajb6zxcsVDSJsYGHHhFX5MX3geUai.jpeg

one would love to ask on how to acess this unifier token, worry no more because hybrix token HY, has been listed on biko.com exchange on od the leading exchange in Singapore and in Asia at large. After the crowdfunding in 2017, Hybrix team deems it appropriate to give other user of the platform access to own and make use of the HY token as to facilitate their operations one the Hybrix platform, Hence the listing.

FINAL THOUGHT

Giving consideration to the constant development history of Hybrix platform, team activity, community support and exchange being listed on, there is great potential of this project being one of the top leading projects In the cryptosphere and will be listed among the elites in no time.

For more information visit:
Website: https://hybrix.io/
Twitter: https://twitter.com/hybrix_io
Discord: https://discord.gg/WbDfAWb
GitHub: https://github.com/hybrix-io
Telegram: https://t.me/hybrix_io

Writer’s Info
Bitcointalk username: freny250
Bitcointalk profile link:
https://bitcointalk.org/index.php?action=profile;u=2528207

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 64278.20
ETH 3493.42
USDT 1.00
SBD 2.55