HYBRIX PLATFORM: MAKING FREEDOM OF TRANSACTION A NECESSITY AND NOT A CHOICE FOR ALL ALL USERS
Transaction or transacting is something that will always be a part of life though it may be in various formats or kinds. Transaction was introduced mainly through commerce whereby users or individuals transfer values either physically or digitally. Over the years, commerce has really recorded a tremendous improvement which indirectly maybe attributed to the awesome breakthroughs in technology. Technology bought about the e-commerce platform whereby users can go about their normally commerce related activities but this time over the internet but however the disadvantage of this is that it sometimes run or incorporate a centralised system setting whereby third party financial institutions are merged into the system to handle the area of transaction which therefore do not give users that total freedom of transaction.
But however with the recent emergence of blockchain technology system, the world has recently seen a huge improvement in regards to what technology can do and thus it been termed the technology of the "future". In recent times blockchain technology system has offered quite alot to improve our daily lifes, from improving security of data through the smart contracts and also providing a digital form of currency which can be used to make all our daily purchases online and also unlike the fiat currency which operates on a centralised basis, blockchain technology system supports a currency which operates on a decentralised system and is also borderless.
WHERE HYBRIX PLATFORM COMES IN
Hybrix platform is a that aims to utilise the blockchain technology system to basically develop an ecosystem whereby users can totally enjoy the freedom of transaction and as such can transfer values either digitally or physically wherever, and however they want to. Hybrix will basically create a link to interconnect most of the basic ledger technologies and will therefore futher safeguard users assets and will also at the same time expand users access to total freedom of transaction.
And to make all this happen, the hybrix platform will develop a basic token known as the HY Token which will be the pioneer of this mission. The HY token will bind all the ledger technologies and thus facilitate interoperability between them by allowing a freedom to transact on as well as with any DLT. The token will operate on a second level of token protocol which will recognise and transact units of accounts on a single basic ledger or in other words numerous form of DLTs.
THE HY TOKEN
The hybrix token will act as a token which will be a cross-ledger colores coin that will be borderless and will thus not be restricted to any single distributed ledger format. It will have a total limited supply of about 21million with a basic deflationary emission curve. The currency also will act on the basis of an ERC-20 compatible token.
WHAT THE HY TOKEN CAN BE USED FOR
- The HY token can be used on the platform for renewal fees fro basic new cross ledger tokens which are issued on the hybrix protocol.
- The HY token will also be used for the settlement of fees for network validators etc.
FOR MORE INFORMATION ABOUT HYBRIX PLATFORM.
Join the Telegram Group: https://t.me/hybrix_io
Whitepaper: https://hybrix.io/docs/papers
Website: https://hybrix.io/
Discord: https://discord.gg/WbDfAWb
Follow on Twitter: https://twitter.com/hybrix_io
ANN Thread: https://bitcointalk.org/index.php?topic=5230324.0
Writer’s Bitcointalk Username: Musekay
Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2070957