Cube Chain launches Test-net that enables high TPS and fast searches
Category: #retail  By Pankaj Singh  Date: 2019-04-15
  • share
  • Twitter
  • Facebook
  • LinkedIn

Cube Chain launches Test-net that enables high TPS and fast searches

Innovative blockchain ecosystem Cube Chain has reportedly launched Test-net, a new platform that will permit high transaction per second (TPS) and fast searches when using blockchain. The new technology will also renovate the use of blockchain since it merges five important services into one user experience, reported sources.

According to sources familiar with the platform, Cube Chain offers users blockchain based AI Service Manager (ASM), social network (Qblog), integrated login system (SignOne), peer-to-peer transaction messenger (CubeChat), and a service that authenticates the genuineness of products being sold on its e-commerce platform (Cube Chain Product). These services provide people with a more user-friendly setting while performing transactions and searches on the blockchain.

The services offered by Test-net are reportedly powered by revolutionary blockchain technology that flaunts concurrent block creation. Cube Chain forms 24 data and special blocks and sets them into a cube. Moreover, the special blocks are formed of data statistics processing block, data index block, and an escrow function block, cited credible sources.

Besides the five services offered by Cube Chain’s platform, users can perform more than 10,000 TPS when using the technology, cited sources.

Kim Dong Oh, Chief Executive Officer of Cube System, said in a statement that owing to Cube Chain’s fast processing speeds, multiple security levels, and diverse applications, the system is fit for numerous applications across many industries focusing on the e-commerce sphere.

Dong Oh further mentioned that the company has developed a blockchain convenient for users, corporations, and developers that will take it mainstream and progressively offer a more comprehensive service to users.

For the record, Cube Chain is a program that’s 100% self-developed by a company that did not make use of any open source material for development. Developers of the program produced a unique algorithm to build the platform and services that provide users incomparable experiences. Moreover, the platform provides blockchain users additional information on transactions, while offering enhanced detail on the blockchain’s Cube Chain Wallet, reported sources.
 



About Author

Pankaj Singh

Email: [email protected]   

Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

More News By Pankaj Singh

US buys all of the global supply of Gilead’s COVID-19 drug remdesivir
US buys all of the global supply of Gilead’s COVID-19 drug remdesivir
By Pankaj Singh

While top-notch companies are racing to develop a vaccine for COVID-19, it looks like the United States has secured almost all of the world’s supply of interim drug remdesivir to treat patients with COVID-19.

...

Potential COVID-19 vaccine by Bharat Biotech to enter clinical trials
Potential COVID-19 vaccine by Bharat Biotech to enter clinical trials
By Pankaj Singh

Bharat Biotech International, a leading Indian biotechnology company, has reportedly announced that its potential coronavirus vaccine, Covaxin, has received Drug Controller General of India (DCGI) approval to start hum...

Seattle Genetics reveals positive data from tisotumab vedotin trial
Seattle Genetics reveals positive data from tisotumab vedotin trial
By Pankaj Singh

Seattle Genetics, Inc., a renowned biotechnology firm that focuses on developing antibody-based cancer treatments, has recently revealed positive topline data from its Phase 2 clinical trial (innovaTV 204) assessing ti...