Having established itself as a highly reputed FinTech and media giant, TideiSun Group has added yet another achievement to its credit list. The Hong Kong-based firm has announced that its unprecedented blockchain platform iSunOne has achieved the auspicious milestone of a strong network comprising of 1 million registered users in the global parlance.
A whopping share of 0.2 million users out of the total client base belonged to the ASEAN region, which eventually made the blockchain application shine as the No.1 decentralized network of the region. Putting in strategically important steps designed towards the development of blockchain technology, the dedicated team of experts recreated the issuing methodology of the stable digital token and launched an innovative public chain based on the Ripple network.
Working as one of the most efficient digital banks operating on the blockchain in the global space, iSunOne offers an array of unparalleled financial and community offerings, including e-wallet, asset management, digital banking services, crypto exchange services, etc.
Mr. Jun Ma, who serves as the CTO of iSunOne, explained the working system of the blockchain banking network, stating that their system offers T+0 real-time clearance and settlement, which is different from the SWIFT network which is currently being used by the banking sector. He added that the new platform is aimed to innovate and streamline the front and back-office operations in a convenient manner.
The spearhead further explained that
All users’ assets are stored on the blockchain using BOLT technology – a public chain scaling solution developed by TideiSun Group, to ensure authenticity and accuracy. BOLT, as a second layer scalability tool, boosts the performance of the first-layer public chain, i.e., Ethereum, in the machine-to-machine trustless environment, introducing third-party automatic auditing.
Ms. Robin Xie, partner of TideiSun Group, said that
iSunOne provides a transparent cooperation mechanism based on the blockchain architecture for third-party transactions in the daily economic life, where consensus and trust among the cooperating parties increases without downgrading the current rights and interests of each party.
She affirmed that the true essence of a blockchain network is to render a solution that ensures automated audits which work as the core of the technological credibility fostered by cryptography and algorithms.
The introduction of the encrypted messaging feature has placed iSunOne a bar higher in comparison to its competitors. An easy and reliable ecosystem breathes in the network, allowing convenient exchange of messages and crypto assets by the users. The existence of social interactions and a dedicated customer base is likely to pave way for the success and growth of the iSunOne network.
In the future plans of iSunOne, it aims to mark a presence in the Chinese marketspace, especially after the launch of the official cryptocurrency DCEP. It plans to serve its customers with the best of facilities to achieve the expansion of decentralized technology.