Blockchain

Introducing Creata Chain – Advanced Interoperable Blockchain Technology

Creata Chain
Creata Chain

Blockchain technology has advanced a long way since its inception around a decade ago. How its being built and its uses have changed dramatically over the years. Blockchain adoption statistics show that half a percent of the human population is currently using blockchain technology, which equates to around 40 million people. Meanwhile, according to statista, there are 76.62 million blockchain wallet users, with more and more businesses either using or planning to use blockchain technology in their business, including 40% of supply chain leaders,

Blockchain enables organizations, even governments to issue their currency in the form of digital money as cryptocurrency. The decentralized nature of blockchain means that organizations are setting their terms and rules around its operations, which essentially is creating a dearth of mini economies and unique ecosystems.

As blockchain technology advances and progresses, new blockchain technology constantly emerges to try and solve the issues of interoperability and scalability One such blockchain that has emerged as a serious contender to the likes of Binance and Ethereum, and appears to offer genuine solutions to interoperability and scalability is Creata Chain

Billed as the most advanced technology in the blockchain community, Creata Chain is a decentralized interoperable blockchain using the consensus algorithm known as Augusteum Consensus Core which combines DPOS and PBFT with the development kit – Creata SDK.

Creata chain is a one of a kind blockchain that is designed interoperable. It has an inter-blockchain communication protocol known as ICP and a connection of the application layer, which is the MSM, which aids developers in being able to focus more on the development and designing of the apps. By being interoperable, Creata Chain makes collaborations simple and helps bridge the gap between blockchain world and mass apotion.

The Creata Chain is a community driven project that makes a giant leap in opening the ways towards an interoperable world of blockchains. The community is maintained and developed by a large group of developers and researchers who are constantly improving the system that will benefit the whole blockchain community.

The Creata Chain ecoystem is fueled by its native token known as CTA or Creata Coin, which has a multitude of uses and purposes:-

● CTA can be sent, used or received on the network to execute smart contracts. Smart contracts can be implemented with a certain amount of CTA transactions.
● The sender and the receiver can transfer CTA in their accounts without having to compromise on their security. Cross-chain transactions take place in the Creata chain and CTA can be transferred to other blockchain accounts as well.
● Private blockchain built on top of the Creata Chain can explore the vast potential of CTA in their respective industry.
● CTA’s value will keep on increasing and can sustain any market change.

Creata Chain Shaping the Blockchain Future

The team at Creata Chain have built advanced blockchain technology that solves the real issues of inoperability, scalability and usability.

Although still very much in the early stages of development, there is a genuine buzz about the Creata Chain. Having recently successfully launched testnets, the blockchain and crypto communities are taking more and more interest in the Creata Chain project.

The total CTA token issuance has been set at 100,000,000 CTA, with 75,500,000 for the public token sale, 7,000,000 for private sale amongst institutional investors, and 17,500,000 for token distribution among the team. The Soft Cap for the market is proposed at 20 million USDT and the Hard Cap is proposed to be at 45.0 million USDT approximately.

As more people and orgnaizations switch to Creata Chain and activity increases, the CTA token is only expected to rise in value. This is one decentralized project everybody will have heard of in the not too distant future.

For more information visit the Creata Chain website here – https://creatachain.com/

About the author

Ben

Ben is an experienced trader having worked for HSBC and Bank of Ireland. Ben takes a keen interest in the financial markets, and is a regular forex and cryptocurrency trader and commentator

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