NORTONCHAIN: AN EASY TO USE BLOCHAIN SOLUTION
The world today has become what it is as a result of various innovations from cell phones to now smart phones, cars to self-driven ones, airplane with auto –pilot features and many more. Technologies like artificial intelligence, IoTs and most especially blockchain have brought innovations in various sectors. Tasks are now executed with minimal efforts, indeed the drive towards a smart world is close than expected.
Looking at blockchain technology, we can describe it as a disruptive technology that has accounted for paradigm shifts in businesses where it has been adopted. Blockchain mostly known as the brain behind the creation of Bitcoin and other cryptocurrencies as accomplished a great feat being a secured, transparent and tamper proof solution for data, communication and on top of all a distributed ledger of which makes it decentralized.
Despite this feats and successes recorded by current blockchain solutions popular amongst them, Bitcoin and Ethereum, users are still faced with challenges attributed to the following factors.
WHAT CHALLENGES IS THE BLOCKCHAIN FACING?
No Micro-payments: current blockchain solutions function using the services of miners who charge high fees before transactions are confirmed successful by them. It is therefore quite illogical to pay a transaction fee higher than the cost of the transaction in question.
Lengthy Transaction Processes: the presence of miners as intermediaries between the trader and confirmation of transactions slows down the rate at which transactions are executed on this platforms.
Existing Blockchain’s Need to Code: using the current blockchain solution new project developers seeking to integrate their businesses on blockchain will have to write all codes that will allow for complete customization. These codes are usually complex and difficult to understand by users.
AN OVERVIEW OF THE NORTONCHAIN PROJECT
Nortonchain is built on a distributed technology called Nortonchain Technology with features of Bitcoin blockchain together with DAG. Nortonchain provides a blockchain solution that provides users’ and developers with powerful tools to develop any idea into reality within the shortest time with little experience or skill.
Nortonchain provides a pliable, user friendly and secured blockchain solution for build any business model to their taste with little or no stress.
HOW IS NORTONCHAIN A SOLUTION?
No Need to Code: Nortonchain provides a user friendly blockchain which can be easily adopted by developers to create their desired projects or applications on its blockchain. This will be achieved using an advanced human to computer relationship through speech recognition powered by artificial intelligence allowing Nortonchain create what the developers wants through few command lines from the developer.
Nortonchain Explorer: this is responsible for recording every transaction on the blockchain, the Nortonchain Explorer using the wraith protocol will allow users to choose to go public or private. Therefore, they can switch between two ledgers; private and public.
NortonBot: Nortonchain also has its own bot which relate and communicates with developers and users on the platform powered by Artificial Intelligence thereby making it fast, smart and efficient to relate with users.
Faster Transaction Process: the adoption of artificial intelligence and smart contracts allows for speedy transaction process in contrast to the use of miners in existing blockchain solutions. The use of smart contracts, artificial intelligence and bots eliminates the need of miners thereby allowing for faster execution of transactions.
MY VIEW ABOUT THE NORTONCHAIN PLATFORM
Nortonchain provides an open sourced distributed ledger which provides its users and developers with the right tools create their desired business models or applications with little or no skill or experience, using a few command lines that can be understood by artificial intelligence.