DecimalChain – Blockchain 3.0

Media are full of reports that the world is on the verge of the Fourth Technical Revolution, and that blockchain technologies, like AI, will be of key importance in it. Simply put, there no revolution is possible without blockchain.

Blockchain appeared in October 2008 when the world learned about Bitcoin. This was its first application implemented by Satoshi Nakamoto.

The technology was ignored for quite long as well as cryptocurrencies themselves. For many years the technology was mentioned only in relation to Bitcoin. But over time, due to blockchain developers, many companies and governments of various countries, the potential of the blockchain has opened up, and the paradigm has completely undergone transformation since then. The world has entered the race for leadership in this area.

Due to Russian developers, our country has not stayed away from this trend. Moreover, the appearance of some players in this market can significantly affect the entire alignment of blockchain leadership throughout Europe. One of such players is DecimalChain (DEL).

Having entered the innovation market in August 2020, the DecimalChain project has come a long way in just a year, and has taken its rightful place in the blockchain industry. The project offered both simple users and corporate-level companies advanced solutions for token issuance. From the very moment of its appearance, DecimalChain was strikingly different from its analogues in that its tools were simple and intuitive to use. It is enough to have the level of an ordinary Internet user to create and issue your token.

Developed on the Cosmos SDK blockchain, DecimalChain is the brainchild of such well-known teams in the market as BitTeam and Crypton. Why Cosmos? Because Cosmos Network is the cradle of 150 crypto projects that have proven themselves well. This blockchain allows DecimalChain to implement many solutions, including cross-chain ones that have opened up enormous opportunities not only for Russian users and companies, but also for foreign ones.

Tools and features

Let’s take a closer look at the capabilities of the DecimalChain blockchain project.

DEL

The peer-to-peer cryptocurrency DEL is the basic crypto asset of the project. This is not only a self-sufficient electronic currency created on the Delegated Proof of Stake (DPoS) consensus algorithm that enables users to conduct direct transactions, but also a payment system that is not inferior in its performance to such payment systems as PayPal, Visa, MasterCard and others.

The crypto asset is currently traded at:

• Bit.team
• Xt.com
• Coinsbit.io
• P2pb2b.io
• C3.exchange
• Probit.com (скоро)

Token Constructor

DecimalChain provides the ability to create any kind of tokens that meet the needs and requirements of users. To do this, it is unnecessary to have special or technical knowledge. The creation of your own liquid coin provided by the reserve of DEL, takes place in just a few simple steps.

The simplicity of the designer console and the liquidity due to DEL support allow you to immediately and easily integrate the created token into business solutions or products.

In just one year 20 blockchain projects with their own tokens were created on the basis of DecimalChain. In the future, the team will implement the function of issuing stablecoins.

NFT tokens

The project provided an opportunity for both ordinary users, corporate-level companies and institutions to use NFT tokens issued on the DecimalChain platform. These unique tokens can now easily confirm the ownership and authenticity of both art objects and other objects of the real world.

This solution immediately found application in the world of Russian painting -in the  “Crisis design” exhibition in Moscow, and in the confirmation of the authenticity of diplomas in educational institutions.

Cross-chain solutions

This is the solution that makes the DecimalChain project a Blockchain 3.0. We are talking about bridges connecting different blockchains. Integration of this solution with the Decimal network now allows to achieve full compatibility with such blockchains as Ethereum and Binance Smart Chain.

Bridges allow you to apply transactions with so-called “wrapped” tokens. In these transactions, tokens do not actually leave the DecimalChain network, but initiate the process of launching their equivalent on compatible blockchains. This allows the user to use the potential of all interoperable networks, and blockchains to develop synchronously, interacting with each other in the field of decentralization and efficiency.

The palm of superiority in the Russian market

Probably, we will not be lying when we say that DecimalChain is the leader in the Russian blockchain space, subtly feeling all the needs of the market and its trends.

Today there are a huge number of projects that position themselves as a supplier of advanced blockchain technology tools, but few people are sincere in their aspirations to help Russian business and simply, the user.

By offering such tools, these companies are too expensive, or too complex to understand.

DecimalChain has a completely different concept. As already mentioned, the project is based on the Delegated Proof of Stake (DPoS) consensus, which implies validators as a mechanism to solve the operability and protection of the network. Based on this, it was decided that in the DecimalChain ecosystem, only those decisions that were supported by nine validators, holders of the largest stakes, come into force. This approach allows us to talk about democratization and equal opportunities in the network. To date, the network supports twenty-five validators from both Russia and neighboring countries.

The blockchain project attracted the attention of not only domestic business, but also the Asian region, which supplied its validator. The solution on the DecimalChain platform provides for the creation of a club loyalty token for integration into the tourism business (discounts on rental of premises, car rental and so on provided by popular resorts in Thailand).

Even in the gaming industry, DecimalChain has applied its innovative solutions by integrating them into an MMO game. Now gamers who play for representatives of the DecimalChain race share entertainment with the opportunity to receive rewards in DEL, the basic token of the blockchain project.

Now DecimalChain has a multi-thousand crypto community, and the project itself has achieved quite a lot of popularity. Information about the project is available on such popular world resources as Coinmarketcap.com , Coinmarketrate.com , Coinpaprika.com and Coingecko.com which few people can boast of.

Step by step, Blockchain DecimalChain has been integrating and developing innovative solutions for over a year. If you look back at what has been achieved, then for some reason it is hard to believe that a team of young and purposeful Russian developers will stop there. DecimalChain is full of ideas and determination in their implementation, and will continue to maintain leadership in the Russian blockchain innovation market.