Relictum is a hyper-modern blockchain that claims to be a 100% percent reliable electronic data circulation environment. The developers tout it as an endless registry that can facilitate over 80% percent of a person’s activities.
According to Relictum’s whitepaper, the blockchain platform can be used with a wide variety of clients, from thin all the way up to quantum computers, encompassing all processers and workstations in between.
The more notable point of Relictum Pro is the mention of dynamic blocks. It is a system of event formalization that uses dynamic blocks, as well as the standard blocks on the chain. This allows for a universe of new possibilities, including bringing four-dimensional event formalization into reality.
These smart contracts are part of an endless registry system that can describe any aspect of a person’s life, from what purchases they make, maintaining copyright, interacting with legal entities, and record-keeping logistics. This includes transactions that are self-executing in various fields.
Blockchains remember everything, which makes Relictum Pro an opportunity for one to get a full portrait of them as a person, including how much money they spend, what they listen to, what shows they watch, etcetera.
As it stands, modules and smart contracts have, in fact, been developed, and the platform is in the middle of full-scale testing. The testing has managed to reach 100,000 transactions per second, but the predicted network performance is 1,000,000 transactions per second.
Relictum Pro also claims to include inhouse biometric face recognition, which can generate a permanent and unique hash for a person. A person's hash is taken with SecureCall and a password using a DTMF signal during a call.
The Relictum Pro project is unlike anything we have seen in the crypto space currently. It is undoubtedly ambitious if nothing else. It certainly stands to fix some authentic and concerning problems that people have with crypto, but it does seem to come with some of its own.
The main point of contention that we feel is related to the very technology that Relictum considers its selling point. The whole core premise of crypto is to de-centralize the powers that be. It was this principle that crypto was first created with the aim of taking control from the banks.
The idea of a blockchain platform like Relictum, therefore, creates an exciting contradiction where you have the centralization and accumulation of areas of a particular person’s life, in an industry very much concerned with the opposite of that.
Combine this face with the implementation of the biometric face recognition, and then you have a case for some severe and genuine conversations to be carried out about the implications of this technology on the privacy of its users.
Having voiced that concern, the technology at play here is still incredibly impressive if it can be developed and implemented as outlined in the whitepaper. It has reached 13,000 members as of writing, and that number is growing by the thousands each week, so It is undoubtedly a project that is worth keeping an eye on, in any case.
You can follow the Relictum Pro project on Medium, Telegram, or on the official Relictum website. In addition you can read Relictum’s whitepaper
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