Blockchain is the basis of the cryptocurrency world

Blockchain is the basis of the cryptocurrency world, so you’ve probably already heard a lot about this technology. It is a distributed database which storage devices are not connected to a single server. This database stores an ever-growing list of ordered records called blocks. Each block contains a timestamp and a link to the previous block.

Thanks to the use of encryption, blockchain users can change only those parts of the chain for which they have private keys — without the use of private keys, writing to a file is impossible. Also, encryption ensures synchronization of blockchain copies for all users.

The use of blockchain technology in our project provides Monopoly platform with security and transparency of operations. We have made this technology the core technology of the platform to be able to build a verifiable and transparent system for all its participants, including token holders who want to help to implement the project.

✔Monopoly platform will be used to produce a blockchain-register of all interactions between participants — the results of voting, distribution of funds, applications for new projects, etc.

✔the platform is based on two interconnected blockchain — Ethereum for operations with tokens and blockchain network, which will be used for operations by the platform participants.

Visit our official website and learn more about Monopoly project!