We all are familiar with the technology of the blockchain, and its various advantages to the current world. Prasaga design and comes with the next big evolution into this amazing technology of blockchain architecture which can accelerate this technology in a very positive way.
We understand, blockchain is very advance invention but what if, in some way we can allow it to run on its full potential? Imagine if we improves the various process in identification, no doubt, this technology can take our human life to the very next level.
Blockchain will able to deliver its contribution in various financial services, it can help to solve many hard challenges in supply chain and logistics which seems to be impossible currently.
That's where the role of Prasaga comes into the picture. This organization founded in 2018, work in the informational technology and services industry. All they wanted to solve the problem of data exchange between the machines and that's where their journey of blockchain started. with their newly developed DataGrid Blockchain technology, we can re-imagine our global economy, and all in all improve the quality of everyone's life.
Datagrid BlockChain:
This technology is created by merging multiple individual blockchains (also known as shards). main loop of this datagrid blockchain executes on each individual parallel blockchain independently, which significantly increases the speed of execution and reduces the transaction time.
Along with all such things, their DataGrid blockchain able to serve the peoples in many more useful ways. not only it provides the highest level of resistance against the attacks but also able to scale in throughput as more and more features get added into this network over the time.
eXtensible Blockchain Object Model (XBOM):
the device on which you're reading this is running on any of the operating system. whether it is an iOS, windows or may be Android. such operating systems creates a framework for developers that makes easy for them to develop more and more, which ultimately leads to the more advance operating system that is very easy to use for the consumers.
But, that's not the case for blockchain. Blockchain is not easy to use, neither easy to develop for other developers. To solve such a critical issue they come up with the XBOM which work as an operating system for the blockchain technology.
This XBOM system creates the suitable framework and makes it easy to develop the it more and more and to use DataGrid blockchain very easily. Basically, it build one ledger that store all the information directly on the blockchain related to all the coding, executions and settlements for all the transaction of the assets.
It allow supply chain to build a digital version of communication and a mechanism that allow object-oriented data sharing between vendors and suppliers.
Even though this seems to simple, but this single smart approach of Prasaga improves the speed of transactions rapidly and further development of this infrastructure, which is definitely going to be higher quality and more future oriented.
If we take a look at the usual approach of the blockchain towards the scaling is by enabling the parallel execution of multiple transactions on the separate shards without compromising with the security and immutability of the supply chain.
But, Prasaga have some different thinking angle here. With the normal approach, theoretical speedup of the execution of the whole task is increases as we improves the resources of the system and doesn't depend on the magnitude of the improvement, which is definitely a not good thing for the future of this technology.
This issue can solved by combination of Datagrid Blockchain and XBOM technology easily, and open up the even more doors for improvement in this field.
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Writer: CU(cryuni)
Telegram Handle of Writer: @vishaldorge
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