INTRODUCING THE HYBRIX PLATFORM - AN EFFICIENT MULTI-LEDGER PROTOCOL

in #hybrix4 years ago (edited)

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Since the buying and selling of products, has for long depended on the inefficient banking system which takes too long to process transactions, impose unnecessary and exorbitantly high fee for transactions.

Additionally, during transactions, the users are forced to wait a very long time because of slow speed of processing. All these are just a few of the deficiencies of making payments with the current banking system, and a reliable solution is needed.

Every aspect of the global system has been affected positively by the technological advancement going on in the world.

The commerce industry is no exemption to this advancement as the emergence of great tools and technologies like the Blockchain and cryptocurrencies, has also found its way into the system.

Most digital platforms has emerged with the promises of bringing this digital revolution into the commerce system, by making transactions seamless., Unfortunately, these platforms also end up underperforming, just like other systems, as they end up sacrificing decentralization mostly for their selfish gains, thereby letting the users like business owners and other individuals to suffer their unproductiveness.

Well not to worry, because a system which will achieve borderless and multi-chain transaction while still maintaining full decentralization.

MEET HYBRIX PROTOCOL - UNLIMITED CROSS-CHAIN TRANSACTIONS MADE POSSIBLE

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HYBRIX is looking to establish a more permanent solution through a protocol that will serve as a cross-ledger colored coin.
This feature makes for the easy management of digital assets, and on the Hybrix platform, the Blockchain is used to facilitate the transactions, unrestrictedly.

This means that the Hybrix Protocol is not restricted by a single ledger because it can be used to move assets between different distributed ledgers, on all chains.

Hybrix is an open source blockchain system that is directed towards making payments to be easy, secured and unrestricted, in a decentralized way. It does not care about profit making, rather it focuses on using the Blockchain technology to improve both the commerce industry and the Blockchain system at large.

The Hybrix protocol is designed to be transparent and beyond the control of any central system, with the aid of the Blockchain.

That's not all, Hybrix platform is embedded with intriguing features that makes it super efficient and reliable for using, in carrying out transactions.

FEATURES OF THE HYBRIX PLATFORM

A MULTI-CHAIN BLOCK EXPLORER

Hybrix has developed an explorer with which the users of the system can easily view the progress
of any transaction and even the transaction history.
This feature makes the Hybrix system to be perfect for all types of transaction, cross-chain transactions included, as the details of transactions made, can be tracked and confirmed on the explorer https://explorer.hybrix.io/

HYBRIX WEB WALLET

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A unique cryptocurrency wallet has also been developed by the Hybrix system, to house different cryptocurrencies and transact easily.

Users are in full control of this web wallet and setting it up, is quite easy, due to its user-intuitive interface.

Creating a Hybrix wallet is very smooth and interesting, you keep swiping the screen of your phone or the mouse on your Pc to generate a secure random ID and password. Make sure the generated ID and password are securely stored. Login with the ID and password and start sending and receiving your favourite crypto tokens.

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MORE ABOUT HYBRIX

There are different prominent systems like Internet archive and Lisk, that are supporting the Hybrix platform and helping to amplify its potentials and help convey the benefits of the system to the global users, in order to give them a chance at enjoying the full packed advantages of the digital system.

One of the great things about Hybrix protocol is that, despite running on both single and multi ledger, it is not designed to fully carry the features of a particular type, in order to avoid inefficiency and the monopoly of the system.

It sees to it that every transaction done on any of the ledger is marked with an ID, peculiar to it, and transaction records are kept secured and is unalterable by anyone.

Furthermore, every transaction is visible to the users and should have an authenticator which could be used to verify the user during signing in and transaction confirmation.

This shows that Hybrix is all about creating a sophisticated system for the different kinds of transactions that will take place on any ledger type on the Blockchain.

Now the users can make borderless transactions across single or multi-chains, without any challenge.

Payments can now be made at a very fast pace, in a fully decentralized manner, all thanks to the Hybrix protocol.

HYBRIX IS NOW LISTED ON BIKI EXCHANGE

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For any token to be recognized in the cryptocurrency industry, it needs to be listed on an exchange.

The Hybrix token is now listed on the Biki Exchange platform, with a a USDT trading pair, to help users readily exchange their HY token.
Here is a link to trade the HY token on https://www.biki.cc/en_US/trade/HY_USDT.

CONCLUSION

The Hybrix platform is a great milestone in both the commerce industry and digital system at large.

By adopting fully the Hybrix Protocol, smooth transactions is now made possible unlimitedly.
Payments are not limited to one type of chain anymore, as it is now achievable on both single chain and multiple chains, all thanks to Hybrix.

For more information visit

Website : https://hybrix.io/

Twitter : https://twitter.com/hybrix_io

Discord : https://discord.gg/WbDfAWb

GitHub : https://github.com/hybrix-io

Telegram : https://t.me/hybrix_io

Writer's Information
Bitcointalk username: Nwaka20
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2537452

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