HYBRIX TOKEN APPLICABILITY SCENARIOS.

in #transactions4 years ago (edited)

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Every facets of man's existence has always been a about transactions upon transactions, it has become a part of our life's especially in aspects of commerce where individuals or organizations have to transfer values either manually or digitally. The evolution in commerce overtime can best be ascribed to the breakthroughs in technology, today e-commerce platforms are the major facilitators of trade accross the globe, sadly this platform are run on centralized systems that makes it's susceptible to third party interference, this centralized services deny users their privacy, transaction freedom and flexibility.

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Hybrix is a multi-blockchain platform that harnesses the qualities of individual blockchains; it facilitates fast and cost effective value exchange accross cross-chain transactions. Hybrix as a blockchain project is an All in one platform meant for interacting with different various blockchains and tokens. Hybrix Currently supports 32 blockchains and 389 tokens.

HYBRIX TOKEN APPLICABILITY SCENARIOS.

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(1) Hybrix token are issued by Hybrix protocol & can be used in a platform to facilitate renewal fees transactions.

(2) Network validators is carried out because Hybrix token is used to settle it's fees.

BRIX PLATFORM & HOW IT WORKS.
Hybrix platform is basically a multi-blockchain platform and in addition to leveraging on the exact individual strengths of blockchain, the platform will develop a system that allows for transaction freedom in terms of value transfer accross different existing ledgers, this processes can only be activated using the Hy token as a veritable utility tool for actualizing myraids of cross-ledger based processes on the Hybrix protocol. The Hybrix token will be stored in a secured Hybrix wallet, every Hybrix can easily own a Hybrix wallet due to the incorporation of a basic network node called Hybrixd. The network node (Hybrixd) is highly compartible with operating systems like Linus, MacOs, Windows etc. Hybrixd is like the vehicle that takes Hybrix users through the paths of multi-blockchain systems anyday and anytime.

CONCLUSION
I for any reason the blockchain and cryptocurrency community can get pass the limitation of interoperability, then Hybrix should be what we are all looking up to. The team of Hybrix has don well for themselves and I have no doubt that this platform will be a huge success considering its great need in the crypto space. If you are a developer then it's the time to dig into this awesome project

USEFUL LINKS

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 Information

Bitcointalk username: freny250

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2528207

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