Importance of FST Network for Small and Medium Scale Enterprises (SMEs)

in blockchain •  6 years ago  (edited)

fst_n.png
FST Network provides layer 3 architectural design modular that helps enterprises flawlessly implement blockchain technology without the need for deep technological expertise. Just like some services that are available today on the web, consumers will benefit from the comfort and security that blockchain technology will bring to their doorstep. FST Network will lessen the obstacle which involve in using blockchain technology by reducing the cost, increase flexibility and improve the maturity of existing blockchain layer.

Importance of FST Network

  1. It expands smart contract projects, modules, and software, at the same time constantly improve technical architecture of three layers
  2. It reduces the reliability of enterprises on engineers for development of blockchain network and also cut-down dependence on the knowledge of technicians.
  3. It modernizes blockchain into architectural software that is easy to develop, sustain and connect.
  4. It provides Addition innovative tools up to the business standard that does not need to be managed by any engineer
  5. It permits technologies of novel network to interchange information and data across etiquettes and agreement tightly.
  6. By introducing three layer protocols, companies will flawlessly interface prevailing systems with upcoming systems.
  7. It allow creation of tokens and ledgers by using smart contracts and allow end users sense value and involve in business setups

FST Network design Principle
The FST network is propelled by modules in which 3 layer architecture are built on manifold of protocols. The FST network is design to be attuned with base layer technology as well as on-chain and off-chain addition. The blockchain technology applications will be powered modules that are being produced by FST engine. Through the modules, The FST Network allow companies to easily and tightly build blockchain infrastructure and environment. Also through the FST network chain optimisation protocol (on and off chain), blckchain services are allowed to perform well on various chains. This is because the transaction output and volume is increased and this speed up the verification of transaction. Through the FST Network, enterprises need no engineers blockchain applications can easily be created by them by using APIs and SDKs.

Token Functions and development
In order for the component of the FST Network ecosystem to function and work together an ultimate KEY is required which will also serve other functions that is not limited to staking, payment making and for reward. This ultimate KEY will also make the owe network to be more robust. This KEY is regarded as a utility token called FST Token. The FST token will support the ecosystem and will also allow everyone within the FST Network (i.e enterprises, developers, etc.) to make use of products and services offer by FST to explore the blockchain technology. The FST token will be ERC-1376 compliance which is Ethereum based token which is also compatible with ERC-20. The token have support for development of complex application and also there will be no need to pay any Ethereum fee and other barrier which is very common when using Ethereum blockchain. For more information on FST Network kindly visit the website on https://www.fst.network or visit any of the social links listed below
#FSTNetwork #FST #Blockchain #Ethereum #Interchain
https://twitter.com/FSTNetworkTW
https://www.facebook.com/FSTNetworkOfficial
http://bit.ly/FSTNetwork
https://docs.wixstatic.com/ugd/e34917_342b3a98a1c8464199b2f945767f4ec2.pdf
https://www.reddit.com/r/fstnetwork/
https://www.linkedin.com/company/fstnetwork/
https://bitcointalk.org/index.php?topic=5078131.0
The Article is Written by
Thesmallgod
https://bitcointalk.org/index.php?action=profile;u=1104932

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!