What is IZIChain?
IZIChain is a Public Hybrid Blockchain hyperlink platform providing blockchain custom solutions for financial markets with social and real-life applications. IZIChain allows users to interact with smart contracts, participate in smart contract completion via AI and Big Data mechanism, and operate blockchain-powered financial applications such as asset digitization, digital asset trading, and loan offer and transaction.Both individuals and entities may develop and provide standalone financial applications on IZIChain’s blockchain platform. IZIChain’s application: IZIChain completely change the way financial markets work by financial asset and real asset digitization on IZIChain’s blockchain platform.
IZIChain’s expected financial market consists of two main components:
+ Financial asset market: equity securities, fixed-income securities, fund stocks and payment instruments.
+ Tangible and intangible asset market: commodity, real estate, equipment and machinery with other tangible assets such as business idea, technology license, brand…
Challenge
Current trading transaction encounters serious issues, such as ownership verification, security, transaction fee, speed…
Regulatory asset trading
Trading process may takes days or even an infinite amount to time, which is time-consuming and require a lot of step for a even a small transaction.
Digital asset trading
In many countries all over the world, the government may govern or exercise execution over centralized exchange, and may indirectly practice control over users, from personal information storage to impose transaction tax.The number of transaction pair on decentralized exchanges is trivial, which does not meet user demand.
Cash flow trading
If inflation over time are to be taken into account, the earnings users gained are only enough to help them avoid a fraction of inflation.
Solution
We came to the realization that, right from the beginning, the blockchain technology were full of huge gaps but, luckily, those were fillable by using many other technologies, for instance the DAG (Directed Acyclic Graph)-based tangle structure implemented in IOTA… By aligning many technologies together, our team developed a new and unique technology structure because previous structures did not meet IZIChain’s ambition. We are on the course of implementing this new technology and would like to call it ‘Hologram Lattice Chain’ (HLC). The HLC structure includes 4 component chains and 2 peer layers:
Citizen Class
This class consists of 3 chains, which are ID Chain (0x), IZI Chain (0y) and EP Chain (0z). It enables free transactions, unlimited scalability pairing with super transaction speed while defining identity and ownership towards digital or digitized assets.
Protection Class (Blockchain ‘T’)
For entities engaging in activities such as verification, notary or protection (banks, governments, courts, etc.), special service providing and network maintenance. This class allows public database storage for ownership from actual verification for initial owners, assisting in manifesting on citizen class.
The HLC Technology brings about a lot of values: User-friendly interface, easy to use, no transaction free, optimized speed, fair, maximum security.
Website
WhitePaper
Topic: The Global Blockchain Platform for Capital Connection-IZIChain (Read 121 times)
Jump to: