Gifto today announced an association with a leading blockchain application platform NEM to test scalability. It is the world’s largest blockchain-based decentralized application (dApps) ecosystem.
Gifto has over ten million users who are attracted to this first cryptocurrency token coordinated into a customer application. It has a special feature of sending and receiving customized virtual gifts across social media including YouTube, Instagram and Facebook.
Currently, Gifto is using Ethereum architecture but the company is thinking about some alternative. The company is trying to keep up a great user experience by constantly assessing new blockchain innovation. NEM has promising solutions to some of the Gifto’s needs. Thus, Gifto will test the NEM blockchain for enhanced adaptability for some of its services.
“We built the NEM blockchain platform from the ground up to outperform competing services in all facets. Our partnership with Gifto helps NEM reach a new user base, and we look forward to collaborating with their team,” said Steve Li, NEM China Regional Head.
NEM has always focused on scale and speed from the earliest stage. International ledgers are facilitated with industry-leading transaction rates conveyed by its permissioned, private blockchain. Moreover, NEM’s open blockchain can develop without trading off throughout or security with its revolutionary consensus mechanism.
NEM provides its innovative platform to enhance enterprises while they are being run by the people and for the people. This is made possible by the NEM team who provides an array of support and information from training events and service providers to provide technical support for the ecosystem.
Global Newswire reported, Gifto demonstrates user growth and real utility. With more than one million wallet holders, Gifto is the world’s biggest blockchain based dApps ecosystem to date, utilizing its environment items like Uplive, Giftomon and CoinUp among others.
As reported by CryptoDaily, dApps and blockchain-based platforms have limited ways to be connected with one another. Luckily, there are some platforms like Ark that intends to connect blockchains. Also, the chances increase by the emergency of orchestrators like Cardstack as they enable clients to integrate dApps to the customized workflow.
The post Gifto Partners With Blockchain Platform Operator NEM For Improved Scalability appeared first on OWLT Market.
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