In the fast few years, we have seen the rise of several blockchain platforms that are dedicated to serving different purposes. One of the new blockchain platforms that has come up is called the Optherium. The team of Optherium is trying to create a unique ecosystem around a modular, multi-decentralised private blockchain network. this will enable fast transaction along with instant confirmations utilizing, dynamic biometrics, multi-secure transactions and multiple forms of digital assets. This particular platform will act as an operating system for data-sharing networks, marketplaces, digital currencies and also for decentralized communities. This allows the storage of every piece of information on a multi-decentralised private blockchain network within the concerned platform.
The team behind the platform Optherium is known to have a striking foundation in both the innovative and financial circles. This particular platform is aimed towards changing the blockchain technology so that it can be used by the finance and banking industry. The Opetherium ecosystem acts as a mutlisecure environment for fast digital-to-fiat sensitive data storage and transactions. With the help of Dynamic Biometrics, Opetherium is trying to develop the much-needed solutions that include private key recovery service; instant digital-to-fiat transactions and a robust know your customer service.
How does it work?
This particular platform is known to maintain its own private, P2P blockchain and nodes forged by consensus. This is combined with a system for assistive technologies and smart contracts. The multiple blockchains are known to work in tandem that makes use of hyperledger fabric, Ethereum network, an InterPlanetary file system with cross-chain technologies. Optherium is known to make use of multiple blockchains over multiple platforms. This platform is also known to build a uniquely secure, multi-decentralised private blockchain network environment.
This particular platform is trying to create opportunities for various enterprises to have a private-labeled product that is created for them within the platform. This allows the organization to leverage the ecosystem of Optherium for transaction speeds, for instant currency confirmations and conversions.
The cornerstone of this particular platform is the Optherium e-wallet and mobile app which is an advanced tool made for digital asset management. This allows small businesses and individuals to secure their digital assets with Multi-secure technology by making use of Dynamic Biometrics while managing their assets right from their decentralized wallets.
This particular platform is also known to make use of utility tokens that are used within the platform for various purposes.
Thus, it can be concluded that the finance industry is fast moving one. this is why only a few companies are there that is able to solve the problems. This is where the Optherium platform comes into the picture as an ambitious platform. it does not create just another coin but also a whole fintech-oriented private blockchain ecosystem that includes a decentralized exchange, instant fiat conversions, and cross-border payments. If you wish to learn more about this platform then you can go through the white paper of the company that is available on its official website.