Fast Cryptocurrency Transactions, Securely — FaCTS by Alacris.io
The challenges in handling cryptocurrency transactions
Blockchain developers share the vision of a new monetary system powered by cryptocurrency, freed from the concerns and issues of fiat currencies or centralized entities. However, without real-world practicalities — such as fast transaction speeds, high volumes, sound economics, robust security and ease of use across mobile and other access points — it may remain a mere vision with no substance.
At Alacris.io, we developed the FaCTS architecture to help blockchain projects and developers meet these exacting but pragmatic needs. FaCTS provides the technology, the economics, the security and trustless designs to make cryptocurrency transactions practical. It will become a fundamental building block for the emerging cryptocurrency ecosystem.
FaCTS will help Decentralized Applications (DApps) improve their Market-Fit, which is a more complex and nuanced issue than for blockchain and technology adoption in general. FaCTS will establish reliable, transparent infrastructure and accountability for rapid, cogent transactions across borders and business domains, despite the institutional inertia from intermediaries — central banks, credit card and merchant or trade finance entities and government bodies. FaCTS will make Decentralized…
