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BitPax Crosschain

Product
The name of the base system (platform): Projects based on blockchain technology
Developers: BitPax
Branches: Information technologies
Technology: Cybersecurity - Means of enciphering,  Internet of Things of Internet of Things (IoT)

2019: Availability of the cross-platform

On February 14, 2019 the BitPax company submitted the Crosschain cross-platform intended for performing transactions with cryptocurrencies, development of city infrastructure in Smart City technology and digital technologies of house application (IoT). According to developers, the platform differs in high performance and has the deep potential for further upgrade. Feature of service – the cross-platform providing interaction of different blockchain platforms directly and without intermediaries. As reported in BitPax, since February 14, 2019 the Crosschain service is available to performing transactions with different digital assets.

BitPax Crosschain service

The technology provided to BitPax is based on the speed, stability and expansibility connecting with each other different elements a blockchain network. The Crosschain platform where the technology of the same name is applied, is capable to process data with speed of 4000TPS per second, the developer claims. In particular, the functional Haskell language used in development of service differs in high expansibility and stability that allows to analyze effectively segmentation – a traditional method of processing of large volumes of data.

In the nearest future BitPax is going to start beta service, to expand scope of "Atomic SWAP" and to open mobile version of a product.

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"We support the trend on cross-platform created by our Korean colleagues. Thanks to similar technologies there is an opportunity to integrate in a single system not only different a solution blockchain, but also in general to create a uniform world ecosystem due to inclusion in it of artificial intelligence, Internet of Things and other innovations. The uniform ecosystem can bring automation processes to higher level, it is essential to increase business performance and state administrations and also to lead to sharp development of the innovative technologies in the countries using cross-platforms".
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