Aerum Solving Blockchain’s Major Issues - Scalability and Accessibility

Nov 08, 2018 at 08:21 // News
Guest Author
However, there are several problems that slow down the acceptance and adoption of Blockchain technology worldwide. Scalability, and accessibility.

Blockchain technology opens new possibilities and an almost unlimited number of new advantages for revolutionary development in all fields of business. Everything from finance, shopping, real estate to gaming, art and virtual reality.

However, there are several problems that slow down the acceptance and adoption of Blockchain technology worldwide. Scalability, and accessibility.   

Solving Major Issues in the Blockchain Industry  

A Blockchain infrastructure project - Aerum aims to disrupt the FinTech industry, and to solve these 2 major issues of Blockchain technology. Aerum will enable more industry players to adapt tangible Blockchain solutions by implementing innovative technology, while project’s virtually unlimited scalability will allow the mass adoption of Blockchain technology.   

Aerum is designed specifically for P2P finance and introduces free, real-time transactions, a highly scalable smart contract protocol, optimized for tokenization and trustless financial operations.   

Furthermore, unlike similar Blockchain-based startups, Aerum provides a full-service platform to launch financial marketplaces, prediction markets, and gaming ecosystems through its unique offering.   

Aerum has already launched its web wallet which operates as a customizable multi-function application providing traditional wallet features such as key and recovery phrase generation, coin and token transfer, but it also features the Aerum Name Service for named accounts, Atomic Swaps, Ethereum (Rinkeby for TestNet wallet) Swaps, Token issuance and more. Wallet can be integrated with a dApp website for seamless transactions such as payments, contract calls, and coin faucets. We also implemented a feature such as paper wallet auto-import.   

Opening New Horizons   

The number of services available through the Aerum platform makes it especially attractive for investors. Technology implemented by Aerum may disrupt such fields as the mobile payment, remittance, P2P payments, P2P lendings, E-sports and gaming, in-game purchases, P2P prediction and betting and P2P insurance markets. In total over $2T to be expected within 10 years.   

According to a statement from the Aerum team, investors and holders of the XRM token will benefit directly from industries which implement Aerum solutions.   

Transactions on the Aerum platform are fast and easy. AERUM 100% compatible with Ethereum, while still offering 25x better throughput. But Aerum’s network allows to make transitions faster than on Ethereum main net - the TXN token gets executed in just 5 second and reaches finality within 10 seconds. Moreover, due to Aerum free transactions subsidized by the delegates it is a good chain to use to make any kind of decentralised social network. 

Currently XRM tokens are allocated at a price of $0.04 each, representing a discount of over 30% off its public sale price. 

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