Conference Smart Taler 2018: Blockchain for the sake of the blockchain ... And what do you need to implement in a real business? 
Anton Sobor, co-founder of Blockchain Ventureon, touched on the topic of using blockchain in real business. Noting that now Blokchein largely exists exclusively for its own sake. The speaker told about the achievements of his company: the capacity of Ventureon is three thousand times higher than that of bitcoin, and it can carry out from 32 thousand transactions per second. Confirmation time - up to 3 seconds, the link is the algorithm of consensus developed by Ventureon specialists themselves, Proof-of-FreePower.
Each transaction is confirmed by a cluster of 8 pools, the block closes and confirms the most unloaded, so-called, on-duty pool. In the algorithm there are two feedback loops, thus the blockchain becomes self-learning. In total, it is planned to allow 2583 pools, while each of them is equal and it does not matter which server it is on.
The pool is essentially a special software, which is put on a dedicated server. There is no need for farms, video cards, there will be enough computer or even afterwards a smartphone. Also fixed fee pool holder - each pool receives 2.5 coins per day. On the basis of the company's blockchain, it will be possible to conduct ICO, crowdinvesting, and token-saels, but even more conveniently and more securely than on existing platforms. The Ventureon blockchain has its own notary and arbitration.
The presence of trustees from the blockchain, who are authorized to certify some transactions and smart contracts, will get a trusted status in a particular operation. Arbitration is also necessary to resolve disputed issues like stealing coins or failure to comply with the terms of a smart contract. By an unlimited number of arbitrators, they can decide to burn coins in the wallet of the attacker and re-issue back to the wallet of the affected party, if there is evidence. And all this is possible without holding a hard fork.
In addition, there is the opportunity to register your company virtually, immediately in the blockchain. The notary anonymously checks all the data, makes a conclusion - and for a couple of hours it is possible to register your company and start working as a virtual legal entity. There is also a designer of smart contracts, thanks to which a person without knowledge in programming can create his own smart contract.
At the same time, Ventureon plans to issue not crypto-, but electronic currency on the blockchain with a license from regulators and other advantages. Tests were carried out with the exchange of coins VNN on Ethereum, Bitcoin and back, as well as direct withdrawal from the block to the card.
In Ventureon there is a system of recognition of types of wallets. By prefix in the address it will be possible to understand this verified wallet of the user, the purse of the notary or, for example, the address of the Emission Pool owner. In addition, there will also exist collective wallets, which several people will have access to.
In the wallet it will be possible to store all kinds of crypto-currencies that are connected to Ventureon by means of locks. The speaker separately noted the security system of users with an emergency password. If the wallet holder is forced to pay, he can enter the emergency password. The money will go, but the system will mark the amount and after a while the coins can be returned back. In addition, it will be possible to conduct atomic swaps without currency withdrawal to the exchange. This enables you to trade without transferring your funds to the exchange, which increases the safety of their storage.
Source
https://www.kv.by/post/1054508-konferenciya-smart-taler-2018-blokcheyn-tehnologii-novye-vozmozhnosti-investirovaniya-i
