Shuttleone is a Blockchain enterprise originally set up to onboard real world businesses unto Blockchain. This platform has been building toward its noble vision since 2018 though not without its own challenges. A notable challenge the platform has encountered is that its clients (businesses) have challenges utilizing the different resources on the different networks for their needs since each network has its own strengths and unique attributes and therefore provide different purposes for the businesses.
Blockchain, though originally created to solve fragmentation in global economies and to foster inclusiveness, has now evolved into a fragmented technology. Call it technology irony ir whatever! New networks now spring up here and there on the chain, making it difficult for users to keep track of them all.
The major bane in all of this development is that these blockchain networks as we have today are largely not interoperable. Users have to undergo the tedious processes of switching between different networks to carry out transactions or build their applications. Also, the fact that these different networks make use of different currencies aggravate the ordeals as users now have to switch between the different currencies of the networks before they can have any task done. These disparities and the non-interoperable nature of the networks make it difficult for the new businesses to easily adapt to Blockchain and navigate through the different networks. Ultimately, they end up building different versions of the same product on the different networks which is utterly daunting, stressful, time consuming, and exhausts resources.
Having an infrastructure that could serve as a bridge and communicate with the different Blockchain networks would be great! This way, developers and businesses could easily scale across the different chains.
And thus, the idea of the METACHAIN was conceived!
The Metachain and Its Workings
Shuttleone is building the first metachain on Blockchain, an infrastructure that will enable users compare different Blockchain networks and the solutions each one proffer in order to make well informed choices according to their business or products needs.
Metachain is a multichain aggregator which major aim is to bring unity to the different Blockchain networks. This will be made possible with its API which users can utilize to connect with different Blockchain networks simultaneously. This infrastructure will help dapp owners and businesses consolidate their products within one interface while utilizing different networks to their advantage. Moreso, businesses are spared the tasks of having to evaluate and decide on which network to build on as the aggregator will suggest the best network for any given product in terms of cost, decentralization, and security depending on the nature of the proposed product or business to be built.
Metachain integrates all Blockchain networks with a single API which not only relieves users of the cost and resources of rebuilding and transacting on multiple chains, but also ensures users use one currency, $SZO for all transactions on the different networks, which metachain then converts into each network's native currency on behalf of the user.
ShuttleOne through its metachain infrastructure will thus offer seamless and smooth financial services to its users and partners across the globe. With this, the platform is readier than ever to onboard new expand its clientele while also aiding in the growth and adoption of the blockchain technology across different sectors and countries Keep up with shuttleone and the metachain developments on the links