BaaS company providing full range of NFT solutions built on the highly-secured RubiX blockchain that’s several times stronger in encryption than Bitcoin and Ethereum
LEWES, Del., March 01, 2021 (GLOBE NEWSWIRE) — RubiX, a full-scale Blockchain-as-a-Service (BaaS) and security solutions company, announces the launch of its Non-Fungible Tokens (NFT) application built on the highly-scalable RubiX blockchain backed by proprietary QR Code technology that secures, authenticates and proves ownership of digital and tangible assets.
“There’s no hotter commodity in crypto right now than NFT as the market is growing exponentially by the day. In 2020, NFT trading was worth over $250M, an increase of almost 300 percent from 2019,” says Chakradhar Kommera, Chief Technology Officer at RubiX. “We are aiming to make NFT more accessible to our enterprise partners and general consumers. The RubiX application is upending the NFT landscape with a unique irreplaceable solution that’s built on the RubiX blockchain as compared to most that are built on the Ethereum blockchain, which is susceptible to security risks and problems like theft of loss of withdrawal keys.”
Advantages of RubiX blockchain include:
Intelligent and minimal nodes for PoW based consensus Highly-scalable and several times stronger than Bitcoin and Ethereum Speed – each transaction is completed within ~250ms. Every node can process four transactions per second and the number of nodes is not capped Proprietary QR Code technology that eliminates the risk of duplication of NFTs across platforms Decentralized Identity (DID) token which is split non-linearly into private & public shares NFTs can be launched & managed with minimal smart contract code Ability to