Color Platform Meets “Purechain” and Introduces Hardware Security Combined Blockchain

Color Platform
Jun 26, 2018 · 2 min read
Pax Datatech and ICTK Holdings made an agreement to cooperate on technologies. Choi Young-kyu, President of Pax Datatech, and Yoo Seung-sam, chairman of ICTK Holdings took photo to commemorate the event (www.etnews.com).

This blog post is a summary of this article of Etnews, dated May 17, 2018

On May 17, Pax Datatech and ICTK announced a landmark partnership. Pax Datatech will develop a third-generation blockchain platform with ICTK’s “Purechain” Technology. Pax Datatech is developing the “Color Platform”, a blockchain platform which simplifies the dApp-development process.

PUF(Physical Unclonable Functions) is a technology that uses digital fingerprints created during the semiconductor manufacturing process. The “Purechain” team (ICTK, Korea Advanced Institute of Science and Technology, Kyung-hee University, and Epinomy CL) has unveiled the world’s first blockchain technology to incorporate PUF. Purechain enables real-time transactions that is made through consensus between two nodes only, without third-party intervention, which makes it fast and secure.

Physical Unclonable Function (PUF) Chip

Cryptocurrencies such as Bitcoin and Ethereum have a myriad of problems with transaction speeds & costs, scalability, and other things that hold it back from mainstream adoption. The PUF allows Pax Datatech to address these issues at once without compromising the decentralized nature of the blockchain.

▶Download Whitepaper

Have a Colorful Day :)

Join Our Chatroom to Learn More!▼

Color Platform

The Apple of Blockchain. Colorful dApp Platform. "Color" is a revolutionary blockchain platform that focuses on developing easy to use dApps (https://colors.org)

Color Platform

Written by

Colorful dApp Platform. "Color" is a revolutionary blockchain platform that focuses on developing easy to use dApps (https://colors.org)

Color Platform

The Apple of Blockchain. Colorful dApp Platform. "Color" is a revolutionary blockchain platform that focuses on developing easy to use dApps (https://colors.org)

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade