ZVChain — The Rising Star in Public Blockchain for Next-Gen Enterprise Financial Services.

ZVC Team
ZVChain
Published in
2 min readAug 3, 2019

On 29 July 2019, ZVChain was mentioned in an article by Cointelegraph. Following is an excerpt published on Cointelegraph:

Decentralized Finance or DeFi has grown into one of the most active sectors of blockchain in 2019 and is an emerging alterative to the global financial system. A vast spectrum of decentralized finance services is now emerging — open finance protocols that enable individuals to engage with new and redesigned financial systems, with decentralized finance solutions changing the approach of established institutions.

All in all, decentralized finance projects now range in the thousands, and we are seeing the early stages of a whole new industry.

The evolution of blockchain has also shifted from Proof of Work (PoW) to Proof of Stake (PoS) mechanisms. While PoS can guaranteed fairness of accounting rights and system performance, this transition is not always easy. As we observe from the delay in upgrading Ethereum to Casper, the problem of integrating true random number in place of old PoW mechanism has always been a core issue. In this case, the VRF algorithm has attracted increasing attention in recent years.

ZVChain is a high security and high performance professional financial public chain that uses Chiron, a VRF (Verifiable Random Function) + BLS (Boneh–Lynn–Shacham) consensus algorithm — with a mission to build a Decentralized Finance Ecosystem for businesses and simplify their business interactions in the future.

CSO Vincent Albert of ZVChain has shared that blockchain projects have failed to deliver a uber-like and 21st century grade end-to-end user experience as an industry. He also added that ZVChain is committed to keep this point at the centre of its development with its decentralized finance middleware. Learn more from www.zvchain.io.

Read more at https://cointelegraph.com/press-releases/zvchain-the-rising-star-in-public-blockchain-for-next-gen-enterprise-financial-services

ZVChain main-net is scheduled to be launch in September 2019.

ZVChain test net is online and the development process is relatively stable and ongoing for more than a year. Learn more about our technical development and mining guide at https://developer.zvchain.io/#/.

Learn more about ZVChain Chiron Protocol

Follow our Community : https://t.me/ZVChain_Official

Our Official Announcement Channel : https://medium.com/zvchain

Our Website : ZVChain.io

Our Development Portal : https://developer.zvchain.io/#/.

Follow ZV Chain Twitter : https://twitter.com/zv_chain

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ZVC Team
ZVChain
Editor for

ZVChain is a decentralized finance blockchain protocol for enterprises — Chiron Consensus Protocol.