Blockchain technology has been revolutionary. This distributed ledger innovation that brings about decentralization, transparency and efficiency is already been applied and used by businesses, governments and organizations all around the world.
Blockchain developers over the last 10years have developed a different blockchain network for different purposes. We have chains for financial transactions, we have the blockchain to connect business, there are blockchains for monetizing personal data, blockchain IOT etc.
The problem, however, is that these blockchains are isolated. Various blockchain networks can't interoperate. This is detrimental to the blockchain industry and adoption.
It has also made it difficult for developers to create dApp with a use case that cut across various blockchain networks.
Interoperability between blockchain network will enhance blockchain adoption and significantly increase the development and integration of blockchain based products. For this reason, KardiaChain is building a blockchain for all blockchain.
WHAT IS KARDIACHAIN
KardiaChain is a blockchain network built to enable all blockchain network to interoperate. It's is term the Blockchain of all blockchain. It's a highly scalable platform for dApps.
Interoperability simply means each blockchain can connect and operate with one and another regardless of their individual design purposes to perform a greater function by leveraging on their individual unique qualities.
This interoperability feature is possible due to the dual-core design of KardiaChain. The dual-core makes it possible to access ledgers on KardiaChain and other blockchains simultaneously.
With this invention, developers can now create smart contracts running on different chains for a more single purpose. It equally means that developers can create dApps that will run on different blockchains like Tron and ethereum easily without necessarily having the perfect knowledge on how to do develop on individual chains.
KardiaChain network provides an invasive chain that enables private blockchain and public blockchain interoperate. This implies private blockchains can interact without changing their state.
KardiaCahin is invariably reducing the cost of blockchain development for developers and businesses. No need spending thousands of dollars developing a Chain for a specific purpose as you can leverage different Chains to develop the product.
USES OF KARDIACHAIN
KardiaChain is a blockchain with various side Chains for different purposes. A classic example of the use of KardiaCahin is for the creation of a decentralized cross-chain exchange. Currently, most cryptocurrency exchanges are centralized and this has brought about more harm than good to the cryptocurrency space. Popular Decentralized exchange on the other hand only allows exchange on a particular chain. On kardiaChain developers will be able to create a decentralized exchange is fast for multiple blockchains.
KardiaChain will make cities smarter. This is a fall-out of having various chains and dApps together on a network sharing information and interoperating. Medical profiles, student profiles, citizens details, criminal records, IOT chains can all be on the Kardiachain network interoperating while ensuring security and privacy of information is not undermined.
KARDIACHAIN TOKEN DETAILS
Token: KAI
Type: Utility
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH, BTC
Country: Singapore
Whitelist/KYC: None
CONCLUSION
Kardiachain is bringing all Chain on a network with the aim to maximize the potentials of all blockchain on nit network. The KardiaChain network will make the development of blockchain product easier.
The KarsiaChain team will be raising funds through the IEO(Internal exchange offering) in the future. To make this amazing project come through and make donations you have to keep in touch on the project with the links below. Make sure you do further research on the project to have a perfect understanding of how to leverage on the platform.
Whitepaper: http://dl.kardiachain.io/KardiaChain-WhitePaper-English.pdf
Website:
https://www.kardiachain.io
Twitter:
https://twitter.com/@kardiachain
Telegram:
https://t.me/kardiachain
Bounty0x Name: Osasu