Apac
  • Home
  • CXO Insights
  • CIO Speaks
  • Partner Conferences
  • Newsletter
  • Subscribe
  • News
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cyber Security

    DevOps

    Digital Transformation

    Drone

    HPC

    Internet of Things

    IT Services

    Marine Tech

    Networking

    Plastic Tech

    PropTech

    Robotics

    Sensor Tech

    Simulation

    Smart City

    Software Testing

    Startup

    Storage

    Unified Communication

    Web Development

    Wireless

  • Automotive

    Banking

    Capital Market

    Compliance

    Construction

    Custom Software Development

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Travel and Hospitality

  • CISCO

    Google

    IBM

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cognitive

    Collaboration

    Contact Center

    Corporate Finance

    CRM

    Data Center

    Digital Signage

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Communications

    Enterprise Performance Management

    ERP

    Facility Management

    Field Service

    Fleet Management

    Gamification

    HR Technology

    IT Infrastructure

    IT Service Management

    Managed Services

    PLM

    Procurement

    Project Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • Amazon
    • Cloud
    • HPC
    • Capital Market
    • Collaboration
    • CEM
    • Drone
    • Facility Management
    • Fleet Management
    • Food and Beverages
    • Business Intelligence
    • IBM
    • Insurance
    • IT Infrastructure
    • Legal
    • Marine Tech
    • Networking
    • Plastic Tech
    • Procurement
    • RegTech
    • Sensor Tech
    • Simulation
    More
    Fleet Management Food and Beverages Business Intelligence IBM Insurance IT Infrastructure Legal Marine Tech Networking Plastic Tech Procurement RegTech Sensor Tech Simulation
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Blockchain
    Editor's Pick (1 - 4 of 8)
    left
    How Cloud Migration Fueled Digital Transformation And Global Growth For ACI Specialty Benefits

    Ryan Fay, Global CIO, ACI Specialty Benefits

    The Advent of Crypto

    Grant Brett, CIO, Forex Club

    Technology Should Be More Proactive and Secure

    Anthony Cinquemani, CIO, Application Deliver - Delivery Channels Regions Financial Corporation

    Supporting Business with the Right Technology

    Andy Jurczyk, CIO, Seyfarth Shaw LLP

    A Closer Look at Block Chain Technology

    John Shea, CIO, Eaton Vance

    Fishing for the Future - How One of the World's Oldest Industries is Embracing Technology for Sustainability

    Dr. Darian Mcbain, Global Director of Sustainable Development, Thai Union

    Blockchain - Based Financial Service Applications

    Boon-Hiong Chan, Director, Head of Business Control Unit & Market Advocacy, APAC, Deutsche Bank

    Blockchain in the Enterprise

    Agnelo Marques, VP Technology & Head Blockchain COE, Mphasis

    right

    New Public Blockchain Mainnet to Transform E-Commerce Platforms

    By Apac CIO Outlook | Friday, July 19, 2019
    Tweet

    A public blockchain mainnet with an intelligent and unique algorithm was launched with a TPS value of 12900, beating major and established financial enterprises. 

    FREMONT, CA: A brand-new Cube Chain based public blockchain, mainnet, was launched recently by a research and development platform, Cube System, whose interest lies in the blockchain domain. A unique blockchain ecosystem is what the Cube Chain is based on, powered by a self-developed technology that formulates a structure in the shape of a cube. The company calls this process cubing and defines that it is utilized to connect the cubes. The developers of the Cube Chain have designed an algorithm to construct the platform and offer various services, which are one-of-a-kind experience to the users.

    The process of cubing is characterized to possess the ability to combine 27 blocks simultaneously, before creating a cube with 24 blocks of data related to transaction ledger histories. Additionally, three special cubes consisting of data index blocks, data statistics processing block, and a block with an escrow function are utilized. It enables fast searching while using blockchain with a high transaction speed per second (TPS). The test net, which is currently operating at around 12,900 TPS has demonstrated that CubeChain is quicker than both VISA and MASTER for Bank for International Settlements (BIS).

    The Cube Chain platform assists applications like blockchain-based social network (Qblog), peer-to-peer transaction messenger (CubeChat), integrated login system (SignOne), AI Service Manager (ASM), and a service that authenticates the products available on its e-commerce platform (Cube Chain Product).

    In addition to the services, an enhanced security vault function is developed to keep the Cube Chain safer with ironclad security. The Cube Chain Wallet provides essential features such as currency storage, transfer, and escrow trade, while allowing the creation and storage of coupon issues, tokens, and messaging options.

    The latest application of the Cube Chain platform is in e-commerce, with flexibility encouraging alignment with various industries providing secure transactions and guaranteed authenticity.

    Read Also

    Development and Blockchain Work hand-in-hand in Capital Market

    Development and Blockchain Work hand-in-hand in Capital Market

    What Tokenization has to Offer the Commercial Real Estate?

    What Tokenization has to Offer the Commercial Real Estate?

    A Dive into the Gaming Industry with Blockchain

    A Dive into the Gaming Industry with Blockchain

    Future of AI Tied to the Future of Blockchain

    Future of AI Tied to the Future of Blockchain

    Weekly Brief

    loading

    Featured Vendor

    •  Kal  Software: Revolutionizing ATMs with Kalignite
      Kal Software: Revolutionizing ATMs with Kalignite
    • Attra: Improving IT Implementation Practices in the Banking, Finance and Payments
      Attra: Improving IT Implementation Practices in the Banking, Finance and Payments
    • Linedata: Next Gen Asset Management Services
      Linedata: Next Gen Asset Management Services
    • Puratech Solutions (India) Pvt. Ltd: Offering Out-of-the-box Solutions for Financial Service Sector
      Puratech Solutions (India) Pvt. Ltd: Offering Out-of-the-box Solutions for Financial Service Sector
    25 Hottest Fintech Companies - 2018
    ON THE DECK

    FinTech 2018

    Top Vendors

    FinTech 2017

    Top Vendors

    FinTech 2016

    Top Vendors

    FinTech 2015

    Top Vendors

    Previous Next

    Copyright © 2019 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/new-public-blockchain-mainnet-to-transform-ecommerce-platforms-nwid-6677.html