@yosemitex.com
YOSEMITE X - General Purpose Public Blockchain for Business
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Description
YOSEMITE X is a public blockchain for business, offering a revolutionary approach to blockchain technology. Unlike other blockchain systems, YOSEMITE X does not rely on a native cryptocurrency, which can hinder business operations. Instead, it utilizes programmable fiat-pegged stable tokens, such as USD, EUR, and CNY, as base currencies, providing stability and ease of use.
One of YOSEMITE X's key features is its unique consensus algorithm, Proof-of-Transaction (PoT). This algorithm ensures that only direct contributors to the blockchain can create blocks and receive rewards, addressing the shortcomings of traditional consensus algorithms. This guarantees a fair and reasonable operation.
The YOSEMITE blockchain also supports smart contracts, making it an ideal platform for enterprise use. It enables business entities to process financial transactions using fiat-pegged stable tokens and customizable smart contracts tailored to their specific needs. Additionally, YOSEMITE X offers integrated KYC/AML support and account recovery, ensuring secure and compliant financial transactions.
Its scalable architecture, off-chain state-channel exchange technology, and future multi-blockchain architecture further enhance its capabilities. Discover the power of YOSEMITE X - the platform that combines the advantages of blockchain technology with the needs of businesses
Company Type
Privately Held
Company Size
11-50
Year Founded
2014
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