New to The Street TV, in collaboration with Vince Molinari, Founder/CEO at FINTECH.TV’s Digital Asset Report, hosted this “Special Episode,” interviewing Michael Kong, Chief Executive Officer/ Chief Innovation Officer at Fantom Foundation (CRYPTO: FTM) ($FTM) (“Fantom”). Vince and Michael discuss the fundamental business ongoings at Fantom from the New York Stock Exchange (NYSE) studio. $FTM’s ecosystem is a layer-1 blockchain; its unique chain is capable of multiple transactions simultaneously. The blockchain engine is Lachesis’ aBFT (asynchronous Byzantine Fault-Tolerant) consensus algorithm. The blockchain can process a transaction within one second, whereas other blockchain ecosystems can take much longer. Because the system can do multiple transactions, costs are reduced compared to other competitors’ platforms. DeFi Smart Contracts using the platform can expect ease of use and speeds in closing transactions with lower transactional costs. Speed, security, and scalability are some of the main attributes of the Fantom Foundation platform ecosystem. The on-screen QR code is available during the show; download or visit Fantom Foundation – https://fantom.foundation/.
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