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Here are seven everyday problems with established blockchains and DLTs which Plaza Systems claims to have solved via its MerchantChain.

They include: 1) speed, 2) cost, 3) trust and reputation, 4) scaleability, 5) future technological threats, 6) price volatility, and 7) ease of adoption.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#presale #crowdfund #blockchain #crypto #fintech #ecommerce
PROBLEM SOLVED No 1. “#Blockchain is TOO SLOW for everyday transactions”
Plaza Systems’ MerchantChain is super-fast thanks to its FSDLT (File System Distributed Ledger Technology) on mDHT (mainline Distributed Hash Table) & SHOUT (Simple Heuristic Object UDP Transfer) protocol.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#ecommerce #crypto #trade #fintech #DLT #crowdfund #presale
PROBLEM SOLVED # 3: “#Blockchain is TOO DODGY for everyday transactions”

Stamping out fraud & other illegal activity is oft-overlooked in #crypto. To instill trust & confidence between buyers & sellers on Plaza Systems’ super-FAST MerchantChain, every user must have a SSL Certificate.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#ecommerce #trade #fintech #DLT #crowdfund #presale
PROBLEM SOLVED # 2: “#Blockchain is TOO COSTLY for everyday transactions”

Plaza Systems' MerchantChain cannot be bribed. Low-powered IOT devices & mobile/desktop applications process the ACTUAL ORDER of transactions according to a proof-of-reputation algorithm. It's super-FAST & inexpensive.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#ecommerce #crypto #trade #fintech #DLT #crowdfund #presale
PROBLEM SOLVED # 4: “#Blockchain is NOT SCALEABLE”

Built into the super-FAST Plaza MerchantChain model is a direct correlation between transaction volume, user numbers & deployment of nodes. Sellers & buyers maintain the ledger & earn royalties via low-powered IOT devices & mobile/desktop apps.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#ecommerce #crypto #trade #fintech #DLT #crowdfund #presale
PROBLEM SOLVED # 6: “#Crypto is TOO VOLATILE”

The super-FAST MerchantChain has a native transaction coin backed by real-world value (not market sentiment), designed for spending (not “hodling”), & has only two decimal places (not 18). The stability & certainty consumers & businesses need.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#ecommerce #trade #fintech #DLT #crowdfund #presale #blockchain
PROBLEM SOLVED # 5: “#Blockchain is susceptible to QUANTUM HACKS”

The super-FAST Plaza MerchantChain will remain secure long after the code-breaking power of quantum computing becomes a problem for the mainstream thanks to its proof-of-reputation algorithm.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#ecommerce #crypto #trade #fintech #DLT #crowdfund #presale
PROBLEM SOLVED # 6: “#Crypto is TOO VOLATILE for everyday transactions”

Plaza's MerchantChain has a native transaction coin MTC; backed by real-world value (not market sentiment), designed for spending (not “hodling”) & with only two decimal places (not 18). The stability & certainty consumers & businesses need.

https://medium.com/plaza-systems/seven-everyday-blockchain-problems-solved-by-the-plaza-merchantchain-e7e0334f5841

#blockchain #ecommerce #fintech #DLT #presale