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

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