Introduction
Blockchain and cryptocurrency are constantly expanding and the adoption of the technologies is becoming massive. The features available provided by them enable seamless and efficient delivery of processes and operations of all businesses and organizations that integrate them. This has caused innovators and entrepreneurs to develop platforms and companies that offer these blockchain services and applications. Currently, there are numerous blockchain platforms designed with the technology that assist businesses and companies meet up with the industry standards and operate optimally. These platforms enable a realignment and remodeling of the businesses and brands they support and help develop their infrastructural development. More so, they extend the decentralization system of blockchain technology to businesses. The NetVRk project, as a new project adopting the technology, they are offering improved services to clients and investors.
This platform is poised to deliver a reliable and efficient system to its investors and customers, hence, they are focused on seeking the suitable solution available to implement the blockchain technology on their network. The development team performed a critical analysis and evaluation of different business opportunities and options available to their potential clients and investors. Some of the factors they consider before selecting a blockchain platform include scalability, security, and performance level. Most of the blockchain companies often decide which network they want to adopt for the business operations, which will enable deliver on the intended goals and objectives, targeted at achieving their vision.
For the NetVRk network, their blockchain solution is built on a hybrid approach that executes both public and private blockchain ledgers. Most platforms operating within this industry adopt a different consensus algorithm. They utilize varied speed levels and functionalities based on a range of industry verticals. The development team of NetVRk chose to adopt the Ethereum blockchain network for their token generation event. This is because it ensures that all community members are eligible to participate in the crowdfunding campaign without restrictions. It also enables users to track all payment processing, transactions, and obtain access to data anytime and anywhere suitable to them. Through the combination of thousands of public nodes, the Ethereum mainnet enables a high processing speed for all transactions and payments, it also ensures that blockchain networks such as NetVRk eradicates the risk of a 51% attack.
It is important to point out that the Ethereum mainnet is the most convenient, reliable, and easily accessible network for the token generation of the NetVRk project. This is because most businesses and companies operate mainly on the integration of Ethereum-enabled wallets (ERC-20) and is the most widely adopted asset in the community.
Some benefits of the Ethereum mainnet available to the NetVRk project include:
Mass Adoption
Most businesses, investors, and individuals adopt the use of the network.
Convenient to Use
The Ethereum mainnet enables users unrestricted and easy access to the NetVRk platform. Clients can access services from mobile devices via the internet.
High Performance
Transactions are performed at a high processing speed, about 20 transactions per second.
Unlimited Scalability
Investors can conveniently scale their businesses and operations using this mainnet.
Advanced Security
Users’ assets and information are adequately protected from data leaks and breaches.
Smart Contract Support
Business agreements are set up using this technology, which eliminates the involvement of third parties and minimizes the cost for that.
USEFUL LINKS
Website: https://netvrk.co/
Whitepaper: https://whitepaper.netvrk.co/
Telegram: https://t.me/NetVRk_Official
Facebook: https://www.facebook.com/NetvrkVR
Instagram: https://www.instagram.com/netvrk
Twitter: https://twitter.com/NetVRk1
Discord: https://discord.gg/baAhdCHUnb
AUTHOR'S DETAILS
Bitcointalk Username: Esty2281
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2737693