New Blockchain Technology ‘TechPay’ To Revolutionise Global Transparency & Automation

February 15 22:13 2022

TechPay, a rising blockchain, and distributed ledger network is all set to overcome the complicated supply chain management issues by increasing supply chain activities transparency and automation. To deliver truly limitless and unparalleled speed and security.

The ever-increasing globalization has led to ever-increasing complications in supply chain distribution management. As more and more individuals are becoming aware of blockchain, relevant technologies, and their true potential, the significance for these new chains and relevance is growing every hour. Mainly because of its ability to conduct seamless peer-to-peer transactions without getting any middlemen involved.

Although the blockchain networks operate in their own ecosystems, with an attempt to meet a few necessary requirements, the popularity of some reputed blockchain and ledger distribution networks such as TechPay are gaining widespread recognition. As the online platform has helped thousands of users experience the revolutionary potential of the world’s fastest blockchain technology.

TechPay is a versatile, scalable, and long-lasting blockchain platform that enables smart contract execution by helping people go beyond the limitations of their credit cards. By helping them enjoy local cash usage with higher limits and liquidity.

What makes TechPay unique is that they have a very high transaction per second rate and extremely low transaction finality. According to one acclaimed testing network, TechPay can have over 300,000 transactions per second. One could even compare this time frame to the blink of an eye.

TechPay is based on the Practical Byzantine Fault Tolerance or PBFT blockchain method. The PBFT blockchain method basically refers to a method that selects the validators depending upon the cryptocurrency holdings. Also, the validator nodes in TechPay comprise a globally recognized Proof-Of-Stake network.

The possibilities with an online blockchain technology like TechPay are truly limitless. Whether it is delivering unparalleled speed and security or building a decentralized network for web 3.0, the benefits offered by this platform are tremendously applaud-worthy.

TechPay enables its users to not only easily handle digital ownership of products in the real or virtual world, such as NFTs but also helps in creating a digital identity. This digital identity can further help the user prevent counterfeit and also make the complex KYC procedure simpler than ever.

The new-generation blockchain technologies such as TechPay are not only shifting power from unaccountable systems but also are helping also restore confidence in global ecosystems. Through serving as a catalyst to bring the needful change for a better tomorrow, TechPay will certainly serve as a long-lasting, transparent, and secure foundation for developing people as well businesses at the global level. It will also help reduce the probabilistic finality caused due to transaction reversal by taking the level of security a step further in such situations.

Modern blockchain technologies like TechPay are surely the game-changers of the 21st century. They are all dedicated to serving one goal, one purpose, and that is to ease the lives of people by offering completely hassle-free and dynamically ever-changing solutions.

Learn more about TechPay and its revolutionary global transparency and automation benefits here.

Media Contact
Company Name: Bitkin World OU
Contact Person: Sumit Sharma
Email: Send Email
Phone: +91-9773690100
City: Tallinn
Country: Estonia
Website: www.techpay.io/blockchain/