Syscoin: Blockchain Protocol for Future-Proof Payments & Value Transfer
Today, despite the risks in using cryptocurrencies as well as the moves to tighten control over cryptocurrencies by the governments, cryptocurrencies are increasingly widely accepted among industries across the world.
As a result, their interaction with commercial platforms is becoming more important and common. Some major online stores are also looking to Bitcoin payments on their websites.
As the demands are rising day by day, there are more projects launched to meet them. Syscoin is one of them.
Syscoin’s vision is to completely bypass third parties and to create a decentralized marketplace that works to extract more benefits from blockchain technology.
What is Syscoin?
Jag Sidhu, the Lead Core Developer and co-founder of the Syscoin project, has many years of experience in the industries such as blockchain technology, machine learning, artificial intelligence, server development, and distributed systems.
The co-founder helped to launch the Syscoin public blockchain in 2014 and kept contributing to the success of the project.
Syscoin was developed and designed as a global network, a distributed ledger, a decentralized database, as well as a blockchain.