Global Trust Network (GTN) Goes Live
GTN removes crypto requirements to unlock new and more efficient global collaboration at an enterprise scale
On November 1, 2023 we released the testnet version of the STABILITY protocol. Today marks a significant milestone for STABILITY as we proudly announce the launch of our mainnet Global Trust Network (GTN). GTN is a groundbreaking feeless public blockchain that does not require cryptocurrency, unlocking an open network for collaboration and global commerce.
This launch is a tangible step forward in our mission to enhance the security, efficiency, and reliability of digital transactions across the globe, enabling what we call: digital trust. After all, this was the promise of public blockchain technology — the ability for the world to work together, with a transparent flow of information that fosters innovation and collaboration. STABILITY has secured partnerships with government agencies and multinational companies to harness the GTN for digital innovation across various sectors and regions.
GTN is different from any other blockchain network because it is privacy-enabled while still being publicly accessible, with none of the regulatory risks, volatile fees and poor user experiences associated with crypto.
How GTN Stands Apart
Private blockchains are expensive walled gardens with third party risk. Participants must trust one controlling entity to store, publish and maintain data honestly and accurately. As companies are not inclined to share their data to a network owned and operated by a competitor, often they feel forced to run their own network, out of concerns for privacy. These private networks, by design, do not communicate with each other, putting a halt to interoperability, the lifeblood of global commerce.
Public blockchains, while solving the issue of third party risk, require cryptocurrency — which introduces significant regulatory risks, volatility, and a difficult user experience. In addition, not every company wants their information openly available for everyone to see — public blockchains can almost be too public.
The perfect solution would be an open-source, universally interoperable network that is privacy-enabled, without the risks associated with cryptocurrency.
Enter the Global Trust Network. GTN differentiates itself by being a tokenless and feeless public blockchain, designed from the ground up to support digital trust and collaboration across a wide range of industries, at a global scale.
Benefits of GTN
Real World Applications
Supply Chain and Logistics
STABILITY has secured partnerships with government agencies and enterprise industry leaders to harness GTN to facilitate the digital transformation of the supply chain and global logistics industry. These collaborations aim to demonstrate GTN’s versatility and effectiveness in real-world applications, paving the way for a future where digital transactions are more secure, transparent, and efficient.
Global Payments
GTN can be hugely impactful on the payments sector. By eliminating cryptocurrency requirements and streamlining stablecoin transfers without volatile gas fees, GTN not only enhances user experience but also positions itself as a pivotal player in the future growth of blockchain-enabled global payments. The STABILITY protocol is poised to redefine cost structures for all stakeholders, from major financial institutions, global remittance providers to individual end-users, spearheading the journey towards a more inclusive, efficient global financial system.
Gaming
GTN is poised to transform the gaming industry by offering a smoother interaction and transaction experience for both players and developers. It achieves this by enabling in-game transactions and the deployment of smart contracts without the complexities and costs of volatile gas fees. This advancement simplifies the process of monetizing game assets and trading virtual goods, while also fostering innovation in game development through secure, serverless blockchain technology. The STABILITY protocol aims to enhance the gaming experience by making transactions more cost-effective — or even non-financial — eliminating the need for intricate “tokenomics,” and integrating blockchain technology in a way that is seamless and invisible, yet fully secure and reliable.
Schedule a Call
The STABILITY protocol is a versatile blockchain solution designed to support a wide range of industries. Its general purpose nature means that GTN can significantly benefit sectors like Big Data, Healthcare, Real World Assets (RWA), and Decentralized Physical Infrastructure Networks (DePIN), to name a few. By providing a privacy-enabled, secure and efficient digital transaction platform, STABILITY is ready to drive digital transformation across these diverse fields. Whether it’s enhancing data integrity and data-sharing in healthcare, enabling secure transactions in Big Data, or facilitating the management and transfer of real world assets, STABILITY’s GTN is at the forefront of blockchain innovation.
To learn more about GTN and how it can benefit your business or industry, we invite you to visit our website at stabilityprotocol.com and schedule a call with our team today.
Here’s to building a more connected and trusted digital world, together.
About STABILITY
STABILITY is the first cryptoless and feeless public blockchain protocol, powering the Global Trust Network. STABILITY is on a mission to create a more efficient, secure, and collaborative digital future by making blockchain technology more practical and accessible for enterprise use. By removing the cryptocurrency requirement, STABILITY ushers in a new era of regulatory clarity and fixed costs to support digital trust and collaboration across a wide range of industries, at a global scale.
For more information on our business solutions and custom integrations, contact us. Follow us on X (Formerly Twitter) and LinkedIn.
Disclaimer: No warranties or guarantees are made or implied by any STABILITY communication.
This article was last modified: March 15, 2024.
