Wednesday, October 4

Reltime DeFi Ecosystem Switches To PoA Based Blockchain Network By Cointelegraph

©Reuters. Reltime DeFi Ecosystem Switches to PoA Based Blockchain Network

Reltime announces that it is developing a protocol supported on blockchain technology, based on proof of authority (PoA), to provide free global transactions between users based on identity.

The company’s blockchain proof of authority, along with its decentralized banking system, is scheduled to launch in the second quarter of 2022.

  • MOVii raised $15 million in capital from US investors

The Reltime PoA (Proof of Authority) protocol is a blockchain technology that enables faster operations by implementing an identity-based consensus process.

Read the full article on Cointelegraph

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