The Simple Infinity and Intuitive User Interface to Empower Efficient Peer to Peer Transaction on the Hycon Ecosystem

in #steemauto6 years ago

Hycon is simple and intuitive user interface to empower anyone with the ability to create their own customized and private Infinity blockchain.

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With the development of the Internet and the market of cryptocurrency, the technology of blockchain is increasingly in demand. Its potential seems limitless and currently developed economies of the world along with dozens of startups use blockchain technology for all spheres of life

This goes a long way towards providing a decentralized powering system or mechanism where anyone can put in their manned and unmanned transaction on the network. This makes for an efficient peer to peer transaction on the Hycon ecosystem.

Wide support for crypto currency on the platform - provides secure storage of funds and will allow users to secure transfers. Since the platform uses blockchain technology and the latest developments in artificial intelligence - which makes it possible to provide the best services.

One of the problems that this platform is trying to solve is security. With the help of technology and smart contracts, data that is entered in the block - will be encrypted and protected with a private key.

For instance, The Scalability of the network - for the operation of network blockchain is a very important factor, but Hycon will be able to scale - to expand its databases, as well as maintain large traffic of the platform (attendance) in a growth pool.

What do we mean by growth pool?

(Growth pool) - This is a system of interaction between the team and the community, which was created to unite the community for the purpose of improving the product. The platform has its own forum. As far as possible, the pool will expand

Based on the technology of the blockchain campaign, the company develops the Quick Value Internet protocol. This connection protocol better adapts to different addresses, has a faster response than TCP. Also, QVIC better meets the various requirements in the chain associated with application layers. The protocol has low latency, high security against hacking.

Hycon eliminates the influence of third parties in the financial transactions that take place on the system. This is done through the use of smart contracts that ensure speedy payment without any form of interference or charges paid to any middleman this goes a long way in saving money for all Hycon users.

Hycon also allows for an advanced communication protocol that guarantees an on-blockchain communication between a user and service provider through the instrumentality of smart contracts

The Hycon protocol, its open source technology stacks and the system UI makes for the provision of a system that allows service providers and the users to interact in the ecosystem making for a full level of cooperation amongst them.

Where there may be any need or occurrence of dispute or strife, the Hycon team has made provision for a team of independent arbitrators to amicably settle disputes among users and service providers on the system. All transactions on the Hycon platform are fully insured.

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The project makes sure that there is a high speed medium of cryptocurrency and fiat money transactions, so all parties involved in such a transaction get the money in good time.

The level of security and transparency of the hycon project is basically impeccable. It makes use of Smart contract in the course of regulating the procedure of collateral blocking, the return or liquidation of such blocking.

The use of smart contracts is to procure the fulfillment of the obligations on the hycon platform, this is done solely to protect the investments for the owners of crypto ass simultaneously.

The hycon platform is based on the blockchain. The Smart Contracts are built in such a manner as to make for a rigid and solid system and also committed to cooperation and the formation of strategic partnerships to solve problems that impede the development of the potential of blockchain technology.

The main functions of the platform are the ability to connect the connection between the blockchain platforms and existing networks, create a platform for decentralized, multi-purpose applications and connect the Internet to the blockchain. Which will provides users with security and a high level of trust for the available commission fee when working with applications

Hycon team comprise of experienced intellectuals who are devoted to ensure the project aim is achieved, backed by great advisors with superb profiles ready to assist in attaining the project aim.

For more information

website - https://hycon.io/

Whitepaper: https://hycon.io/doc/whitepaper_en.pdf

Telegram - https://t.me/teamhycon

Facebook - https://facebook.com/teamHycon/

Twitter - https://twitter.com/teamhycon

Medium - https://medium.com/@teamhycon

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