Introducing cryptocurrencies today :

Block chain technology with unique features and especially distributed data management, solving trust issues - is changing the face of many areas of the world. In the digital economy, sellers and buyers can be connected directly without intermediaries. Thereby, transactions are carried out quickly and transaction costs are significantly reduced. That's exactly what blockchain technology is helping to change the world.

Along with blockchain, cryptocurrencies are also emerging as an asset that investors all over the world love. Although officials around the world are very cautious about this type of asset, and many countries have yet to provide a clear legal framework for cryptocurrencies, one day cryptocurrencies still reach billions of dollars. This volume will not stop there as the world has more than 170 electronic exchanges with over 100,000 registered users every day.

The future of blockchain as well as cryptocurrencies is very difficult to predict. But for now, the cryptocurrency industry is still in its infancy and contains tremendous growth potential. Today, more and more platforms are developing to solve the problems of traditional financial industry, and even address the backlash of newly created modern technologies. As a result, the number of financial solutions using blockchain technology is increasing, including the Prasaga Project .

Prasaga project introduction:

Prasaga is a project ready to be marketed to an entire community of entrepreneurs, program developers, as well as technology and industry companies. Currently Prasaga is focusing on developing a platform that will help the world economy in the future. This platform is called the DataGrid Blockchain. Where the DataGrid blockchain will be able to help and speed up all data processes, transactions, and security in the technology of the DataGrid blockchain.

Current problem:

1. Slow transaction speed
2. Lack of investments of fundamental value
3. Low security

Prasaga Solutions :

Prasaga will solve the problems by incorporating DataGrid Blockchain (DGB) technology.

1. The DataGrid Blockchain (DGB) consensus protocol combines two protocols, Proof-of-Work (PoW) and Proof-of-Stake (PoS), allowing custom and distributed blockchains to run in parallel and from there. can process all transactions in parallel while maintaining Bitcoin-grade security.
2. DGB is envisioned as a general purpose blockchain, a "horizontal" infrastructure technology, we believe its first use cases are Internet-of-Things applications and "Fintech" applications. ". In both cases, the ability to create and track complex business relationships and business logic in an open, but secure way are fundamental requirements.

Prasaga's goal

1. Open decentralized access
2. Optimal scaling to release the transaction speed needed for now and in the future
3. Personalization controls to ensure personal democratic freedoms and data privacy

Product :

The DataGrid Blockchain is also a recent invention currently only used in the Prasaga project and also known as XBOM. DataGrid Blockchain is trying to move towards blockchain with huge potential. This will have an impact when ordinary people or even large companies start using XBOM, it will make the world economy more refined and comfortable.

XBOM provides an encryption and methodology environment, currently implemented in Hyperledger Fabric to provide an authorized chain and will be available on the DataGrid Blockchain (DGB), an unlicensed open chain in the future.

XBOM itself can be seen as a way of coding smart contracts with a developer-friendly object-oriented programming model. The demonstration showed the first Layer Manager Infrastructure implemented on Hyperledger Fabric with Golang. I will come back in more detail as there is more detailed documentation and more evidence

Token DGT :

The DGB uses DataGrid Token ("DGT") as its "base" currency. DGT is a mined coin that functions similar to Ethereum. That is, transactions using DGT are similar to Ethereum “GAS”. The newly created DGT as an incentive for miners' block production is similar to both Ethereum and Bitcoin. DGT monetary policy is a unique new approach to managing the supply of coins (i.e. like Ethereum and Bitcoin) or tethering (ex: Tether), enabled by DGB and XBOM.

TEAM

Conclude :

In short, after many days of analyzing and learning about Prasaga, I found that this is a good and interesting project, with a strong team with a lot of experience in this field. I firmly believe that the project will be successful in the future. Take a moment of your time and pay attention to this amazing project. A well-organized team can carry out the concepts. I like their approach, I'm sure they'll produce some great crypto results.

WEBSITE : https://www.prasaga.com/

WHITEPAPER : https://www.prasaga.com/ecosystem-whitepaper/

TWITTER : https://twitter.com/PrasagaOfficial

TELEGRAM : https://t.me/prasagaofficial

FACEBOOK : https://www.facebook.com/prasagaofficial

LINKEDIN : https://www.linkedin.com/company/prasaga/

user : Virasend