HYBRIX: MORE THAN JUST A BLOCKCHAIN DRIVEN PLATFORM

in #hybrix2 years ago (edited)

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Cryptocurrency initially was created with the core ideology to serve as a digital form of currency that will allow parties carry out transactions online directly with one another on a peer to peer basis without the involvement of any third party. But however in recent times, the ideal reason behind the creation of bitcoin or better still the cryptocurrency has been neglected and instead of serving it's purpose explained above, parties now trade it in regards to making profit instead of as a transactional use as an alternative to fiat currency which was initially the reason of it's creation.

To close this gap existing between what cryptocurrency is been used for now and what it was initially created to do, stablecoins have the major pioneers to help resolve this and the Hybrix PLATFORM is the one that stands out totally. The core concept behind the hybrix platform is to basically create an ecosystem that will harness the utilisation of cryptocurrency as a medium for transaction, trade settlement as well as value exchange. Proposing the development of payment gateways are ideal to achieving this , but however handling transactions with low fees and at faster pace are ideal to achieving this feat.

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HYBRIX PLATFORM
Hybrix is a platform that operates on a second- level protocol which can basically transact units of account on a single ledger or over multiple ledger (blockchain) systems. The system stores it's transactions in a data block that is located within an attachment section of a zero value transaction on any distributed ledger system and the essence of this is to help it's users to move account units as well as values to any ledger system or blockchain system which suits their needs. Also the Hybrix platform is incorporated with a block explorer or a hybrix multi-chan transaction history with which users can use to access all their transaction in a much easier way and this serves as one of the softwares incorporated into the platform's system. With the Hybrix platform, freedom of transaction is guaranteed. Hybrix platform's HY token is the one token which will be compatible with all chains and will not be restricted to any single distributed ledger, cause it will be technically borderless.

THE HYBRIXD
This is the network node of the Hybrix platform and it makes it possible for users of the hybrix to own their own wallet which indirectly can be said to be their own bank and it can run on users personal computers either: linux, windows. MacOS. With the daemon called HYBRIXD, users can enjoy a powerful multi-blockchain system at their fingertip.

DEVELOPMENT OF THE HYBRIX PLATFORM
Continuously development as well as constant scalability is also part of the plans hatched by the hybrix platform's team and to ensure this, the platform have reached out to certain well to do platforms to partner with them. And some of the platforms or household names within the blockchain industry that are assisting, supporting or endorsing the hybrix platform includes:
-Lisk
-Nlnet foundation
-Sidnfonds
-Internet archive
-Computable
-Cryptoninjas
-Draadbruek
-Rtlz

THE "HY" TOKEN AND THE HYBRIX WALLET
HY will be the ticker of the hybrix platform utility token and it will be a primer towards the implementation of a crossledger token which is realised on top of the hybrix protocol. Despite all this the token will also have certain utility functions which will extend from the hybrix platform and beyond. The fixed supply of the HY token will be capped at 21 million token and the token will be released gradually.

THE HYBRIX WALLET
The hybrix wallet is like the bank where the HY token will be securely stored. Users upon creation of the hybrix wallet are given a unique wallet or account ID as well as a randomly generated password with is highly impossible for any third-party can ever think of manipulating. And with the ID number and password, users can easily access their hybrix wallet anytime they want.

THE HY TOKEN LISTING:
The HY token is already listed and trading on the Biki.com exchange platform. Biki is a Singapore based global digital assets trading firm and the collaboration between the hybrix platform and the biki platform is to make sure that hybrix gets a wider and more diverse global audience.
Link to site: https://www.biki.cc/en_US/trade/HY_USDT

CONCLUSION:
With hybrix been a multi-blockchain platform which basically leverages the actual strength of every other individual blockchain, creation of transaction freedom is thus guaranteed as a result of the platform allowing value transaction freely across all different ledgers with the HY token which is the first cross-ledger token.

CLICK ON THE LINKS BELOW TO KNOW MORE ABOUT THE HYBRIX PLATFORM.

Telegram Group: https://t.me/hybrix_io

Whitepaper: https://hybrix.io/docs/papers

Website: https://hybrix.io/

Discord: https://discord.gg/WbDfAWb

Follow on Twitter: https://twitter.com/hybrix_io

ANN Thread: https://bitcointalk.org/index.php?topic=5230324.0

Bitcointalk Username of Writer: Musekay

Bitcointalk Profile Link of Writer: https://bitcointalk.org/index.php?action=profile;u=2070957

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