Along with the development of technology, there are now many new methods and ways to manage all types of business and industry. The most popular one is known as blockchain technology. In general, blockchain can be defined as a digital big book that is decentralized and distributed for the public. It is utilized to record transactions on many computers. Therefore, those records cannot be changed without changing all the blocks in the network.This technology is considered giving many benefits. It is more secure and transparent for sure. Besides, the absence of a third party tends to reduce the cost a lot. It is reasonable if many companies now turn to this system. Meanwhile, many other new companies are established by applying blockchain since the beginning. One of them is Insight Chain.
Insight Chain is a blockchain-based company with some following visions and missions. It is to establish a big data environment that is based on blockchain. Other companies, businesses, and industries can join it to manage the data well. Interestingly, the company also said that it is able to make the blockchain system work much better. Through the features given, Insight Chain makes sure that the data are getting more secured after being handled by this company.
In the previous paragraph, it is said that Insight Chain makes available some great features. First, it is the security feature. It improves the security of your data no matter what kind of data they are. Meanwhile, the feature itself is still divided into some categories referring to the type of your data. They are the security of token assets, the security of data assets, the security of data transaction, and the security of decentralization guarantees.
Second, Insight Chain also makes sure that all the data are processed with highly-efficient methods. Some packages are available related to this point, including the infinite vertical and horizontal scalability. Third, the data ecosystem available in this company is indeed big. It helps clients to support many things including business data, application support, decryption and encryption, and many more.
The way Insight Chain works is still considered new. It is even only recently invented by the team and management. But if you are interested to be one of the clients, you need to know application scenarios in this company. They are including survey, e-commerce, community, and decentralize exchange. If your company works in one of those areas, Insight Chain can be your great partner.
All of the scenarios above are designed very well to make them work better. For example, in the survey scenario, it makes sure that the client will enjoy the following features. They are data valuation regresses, data processing smart contract, the blockchain implementation to survey data, and data authenticity and traceability.
Whether now or in the future, Insight Chain is committed to apply and create more and more innovations to satisfy the customers more. One of the innovations that have been successfully made is the VDPoS Consensus that is based on VRF. It applies a unique algorithm with the organic combination of DpoS, BFT, and Validation Nodes.