Overview PAYBCHAIN

Paybchain blockchain is a decentralized operating system which can support industrial-scale decentralized applications.

WE ARE PAYBCHAIN

MAKING BLOCKCHAIN VERY SIMPLE TO UNDERSTAND

Paybchain blockchain is a decentralized operating system which can support industrial-scale decentralized applications. We are giving a preview to the future with Distributed Autonomous Organizations (DAO), complementary to EOSIO. With the new era of Web 3.0 technologies, organizations are now composed of both centralized business organizations managed by people and distributed automated platforms. Paybchain is fully decentralized without any central authorities

DECENTRALIZED OPERATING SYSTEM

Imagine an operating system, like Mac or Windows, with built-in Cryptoeconomics incentive functionality. Cryptoeconomics is both a formal study discipline and a practical science that focuses on the design and characterization of protocols that govern the production, distribution, and consumption of goods and services in a decentralized digital economy.

FLEXIBILITY

DPOS offers a solid level of flexibility. For example, in the case of any problem in a DAPP, the elected block producers can freeze it until the system is fixed. This means that not all node has to take care of chain maintenance.

SELF-RELIANCE

Paybchain will generate a 5% natural inflation per year to not be reliant on any single foundation, individual, group or organization for its maintenance and development. The newly minted tokens will be shared amid platform’s block producers based on their confirmation of transactions on the platform and also to the top three smart contracts or highest votes from holders of the tokens.

Benefit Of Blockchain

It’s no coincidence we have chosen Blockchain based technology to be the fundamental engine of our Payperblock freelancer platform. Here are five core benefits we think make Blockchain unbeaten.

TRUSTWORTHY

Blockchain based data structure allows users to make and verify transactions without a third-party involvement. This reduces the possibility of data tampering and creates a robust, trustworthy system.

TRANSPARENT

The distributed ledger structure gives the control of all information and transactions to the users. Blockchain data is complete, accurate and consistent with all the members.

FAST TRANSACTIONS

Blockchain transactions can reduce transaction times to minutes and are processed 24/7

LOWER FEES

A transaction system build using blockchain eliminates third party intermediaries and overhead costs for exchanging assets. This keeps transaction costs low and have an impact on fees, too.

INTEGRITY

Everything is archived and authorized in a decentralized way and the system ensures that data is processed in a reliable and transparent manner.