Block chains must have high performance andscalability to deliver the speed required if crypto currency and smart contracts. Designing BGEO Blockchain from the groundup means it can meet demands to process more transactions every second than VISA and Master Card combined. Delegated Proof of Stake ensures the BGEO Blockchain network can confirm transcations in an average ofj ust 1 second, limited only by the speed of light.
Private Blockchains, also termed Permissioned or Enterprise Blockchains, provide essential features like security, privacy, compliance, and performance for enterprises. These properties are vital for businesses seeking controlled environments for blockchain operations. By leveraging private blockchains, enterprises can uphold necessary security and privacy levels, ensure regulatory compliance, and optimize performance. This enables them to conduct blockchain transactions with confidence and efficiency, meeting their operational and regulatory requirements effectively.
The fusion of blockchain technology with the BGEO Debit Card System, operating on the ISO 8583 protocol, offers a comprehensive solution to meet diverse business needs. This combination ensures versatility and reliability, catering to various expectations within the business landscape. Whether it's the security and transparency of blockchain or the convenience of traditional card transactions, the integrated system provides a seamless experience, addressing every aspect of modern commerce with precision.
The BGEO Platform boasts a fully customized and enhanced encryption algorithm, built upon the foundation of Elliptic Curve Cryptography (ECC). This cutting-edge technology ensures unparalleled security for transactions, safeguarding sensitive data from potential threats. What sets this encryption apart is its quantum computing tolerance, a critical feature that fortifies the platform against the looming threat posed by advancements in quantum computing, ensuring long-term resilience and trust in the system.