Veritise

Veritise™ Blockchain is a Next-Gen Enterprise-Grade Technology, based on NEM Symbol architecture, with a network that is optimized for fast, secure and fully auditable payment and transaction processing. Veritise Blockchain is feature-rich with powerful abilities such as Multi-level multi-signature account schemes, Smart Assets, Namespaces, Aggregate Transactions, Metadata Controls and on-chain data storage with strong encryption methods. Future use-cases, like fully compliant tokenized securities and other financial instruments are made possible, improving speed, reducing potential fraud, and lowering costs.

Future use-cases, like fully compliant tokenized securities and other financial instruments are made possible, improving speed, reducing potential fraud, and lowering costs.

The Veritise™ blockchain architecture supports high customization at both the network and individual node levels. Network-wide settings, specified in network, must be the same for all nodes in a network. In contrast, node-specific settings can vary across all nodes in the same network, and are located in node. A plugin/extension approach is used instead of supporting Turing complete smart contracts. While the latter can allow for more user flexibility, it’s also more error prone from the user perspective. A plugin model limits the operations that can be performed on a blockchain and consequently has a smaller attack surface. Additionally, it’s much easier to optimize the performance of a discrete set of operations than an infinite set. This enables the Veritise™ blockchain to achieve the high throughput for which it was designed.

Additionally, it’s much easier to optimize the performance of a discrete set of operations than an infinite set. This enables the Veritise™ blockchain to achieve the high throughput for which it was designed.