Temtum: Benefits for the use of Temtum network
The problems with current blockchain technology:
Blockchain is still emerging technology; it can transform within a wide range of industries around the world by providing a digitized, immutable and secure transaction method and also provides a lot of benefits compared to the existing technology which improved the transparency, traceability and security, as well as increased efficiency and speed of transaction
There are a lot of disadvantages of traditional method of transaction they are as follows;
Scalability:
Traditional strategies of blockchain are not very saleable and are not fully decentralized and require high entry points to participate.
Speed:
Bitcoin is the blockchain technology which is enormously slow. It takes a lot of time of user which makes the process of transaction unsuitable for users.
Resource intensity:
Cryptocurrencies use highly wasteful and restrictive consensus mechanism.
Security:
Blockchain provide a safe and secure transaction method based on the lock and key process and safe them from hackers.
How temtum solve these problems:
There are a lot of limitations in the transaction process of many industries and they did not know the process of key blockchain transaction process.
Scalability:
The strategy of temtum blockchain is very scalable and do not require any node for storing data, it also reduce the resources and give the chance to all participants to take part in the basic blockchain technology.
Speed:
The temtum network increases the efficiency of work and increase the time by reducing the hardware bandwidth of network participants’. The transaction process is completed in almost 12 seconds after transaction is confirmed from one block and no need to add the other block to the initial block.
Resources:
Temtum constructed leader nodes, and remove the wasteful things which increase efficiency as a result the temtum network use less amount of energy and give high quality and quantity of product, compared to other POW networks.
Security:
Temtum network of blockchain use photo source for the genuine number generation alongside with the next generation. These prevent the temtum blockchain from being vulnerable to any kind of attacks like theoretical attacks.
The technology used in the blockchain technology is well developed which include mobile and web applications. The temtum coin becomes very operational form of payment one day.
True decentralization for low-power devices:
The blockchain network of temtum works on the wide range of devices which include smart car, personal computers, and it is also functional at variety of conditions like different speed, varying computational storage capacity and wide range of resources.
A lot of cyptocurrencies feature have fantastic theoretical work but they failed badly when they come to integrating with real-world system, they are severely limited. In spite of them, the temtum network is widely used, tested, and already deployed and very effective in solving real base problems .
This network focus on four main form of real-world integration, are given below:
Medium of exchange;
Point-of-sale (PoS) mobile payment solution enabled for providing the medium of exchange;
Currency which obtain from online gaming applications;
E-commerece payment application;
https://temtum.com/downloads/temtum-whitepaper.pdf
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BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2545267
ETH Address: 0x0A5E585d05b868baCBB6EFB84170aBdE8aA9895a
