Blockchain is here, and in a big way. You might have already heard about cryptocurrencies such as Bitcoin, but the underlying technology is where a lot of the innovation in countless industries will happen in the new decade.
We needed to start somewhere. The creation of currency was the first, and simplest application of blockchain, and proved the concept of the Bitcoin network, which operates at around 3-10 transactions per second, even to this day.
Back then, nobody would have expected blockchain technology to gain as much attention as it is getting nowadays.
Blockchain Technology Matures
Blockchain technology needed to improve quite a lot if it wanted to become a viable and interesting option for enterprises, and over the past 10 years, the technology has come a long way.
At the moment, the underlying blockchain software behind Europechain is capable of over 3,500 transactions per second. That’s more than 500 times on average more transactions per second than the original Bitcoin blockchain, with the speed required for commercial grade business applications.
This means it is now possible to run large scale business applications on the blockchain that do not sacrifice the UX and stability customers expect from modern databases.
When you build your business application on Europechain, it is a significant security compared to legacy database technology, save and can provide the tools to avoid stolen data nightmares for your customers, and take away the costly server management.
And lastly, you don’t need to hire a specialized technical team, as Europechain offers full support and consultation.
The Enterprise Blockchain Europe Needs
We’ll build the right network for your unique business logic. You can connect your business directly to Europechain and leverage our platform, or you can build a proprietary public or private blockchain network for your customers. If you can dream it up, chances are it is currently possible – something we couldn’t say about the technology just 5 years ago.
If you do business online in the European Union, you can’t afford to miss this conversation. In the next decade, data security will become a defining issue, and you don’t want to be left behind.
The enterprise blockchain experts of Europechain have years of experience building and maintaining blockchain networks, and we can make your transition to secure data effortless.
Whatever your vision, or if you’re not quite sure what would be best for your company, we’re here to help.