AZBI NETWORK, A MODERN PUBLIC BLOCKCHAIN INFRASTRUCTURE WITH MULTIPLE CHAIN SYSTEM

Introduction

Experts all over the world has thought of a way to develop a sustainable and transparent financial system .It is not news that our traditional financial system lacks transparency and proper accountability which subject our economy into absolute imbalance and vulnerability. Paper money generally known as fiat currency does not have a fixed amount in circulation , they are being printed anyhow by governments which often results into inflation. All these anomaly does not make Fiat currencies fulfill the true quality of money .In a bid to correct this imbalance , a visionary financial technologist named Satoshi Nakamato invented Bitcoin cryptocurrency in the year 2009 with the aims of reshaping the corrupt global financial system.Bitcoin cryptocurrency is powered by Blockchain and the main purpose of this innovation is to reinstate transparency and stability in the global financial system .Several alternative cryptocurrencies have been developed ever since Bitcoin was invented and majority of them serve multi-utility purpose which enable their real life usage.
Blockchain industry is a very robust industry in which several innovative startup projects has popped out .A good news about this technology is that its usage is not limited to financial transactions. It is a living and flexible technology that is applicable in almost all aspects of life . Several organizations, industries, companies have adopted and integrated this technology into their system to achieve the best operational standard.Today in this article , i will be discussing with my dear readers about a blockbusting Blockchain Project named Azbi.It is simply a public blockchain infrastructure with a multiple chain public blockchain Network that support EVM , it is a highly scalable public blockchain system opened for the global developers who wants to build Dapps and project on the network. Azbi Network allows large-scale enterprise standard applications possible through its network .This is possible through the use of Smart Contracts. The major underlying technology of Azbi Network consists of Multiple chain Architecture that supports EVP environment via a PoS Based consensus in a multiple layer.

About AZBI
Azbi is the World first Blockchain which supports EVM on the multiple chain layered structure .This multlple chain system is very superior compared to the Child chain system which is very common in supporting smarts contracts and benefiting by the advanced DApp supporting features.Azbi offers a very unique and highly scalable blockchain infrastructure for the global developers. Third party developers can easily implements Azbi Network and build their project and DApps on it . As mentioned earlier, the major underlying technology of Azbi Network consists of Multiple chain Architecture that supports EVP environment via a PoS Based consensus in a multiple layer.

COMMON CHALLENGES ENCOUNTERED BY BLOCKCHAIN WHEN APPLIED TO SMART CONTRACTS

Ineffective Oracle that lacks unification across platforms. A very good example is the Bitcoin ecosystem which has all its data being processed and generated within its ecosystem , authentication and validity of data in the ecosystem is very trustworthy. In comparing this with the smart contracts ,it has to implement the data and information derived from all sorts of different external systems , and as a result of this bottleneck is being created by the requirement for the authentication of external platform .This process is very complex which complicate transaction processing and waste resources. Bulk transactions always lack adequate support level .Platforms compatibility is a huge barrier for smart contracts.Hence , there will be an increased demand for support which is exist across multi-chains.

AZBI SMART CONTRACTS SOLUTION

Azbi Blockchain has innovated an independent smart contracts for non native token users through the cross chain calling. This smart contracts implements AZBI network tools in supporting the token usage LIKE ERC20 protocol and BCH. The original idea is that tools provided by Azbi network are implemented on other blockchains which ignited smart contracts on the network along with the tokens from other blockchains,the tokens are acquired through toolkit by smart data drive knowledge graph.
When AZBI token numbers reach convertible number to the off chain token , the tools will act and by transferring that number of tokens from the Azbi network and consuming the corresponding quantity of the platform tokens for the smart contract invocation .

AZBI STAKING
Azbi coin can be staked for profits .Currently the Azbi staking portal is fully operation and the platform can be accessed via https://azbi.io/stake/

AZBI COIN
It is a utility token of Azbi Network , it implements a special deflationary system in which 1% AZBI is burned during coins transfer while 3% are transferred to thestaking wallet while the rest 96% are moved to the recipient wallet . This special model ensures proper deflation and stability in the value of AZBI coins. Currentlythe staking rate is 20% per annum .

AZBI Official Resources
Website: https://azbi.io
Whitepaper: https://azbi.io/stake/azbi_wp_2020.pdf
Telegram : https://t.me/azbi_io
Twitter: https://twitter.com/azbi_io
Linkedin : https://www.linkedin.com/company/42436236
Medium : https://medium.com/@azbi
Exchanges:
(i) https://uniswap.exchange,
(ii) https://bamboorelay.com/trade/AZBI-WETH

Authorship
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272