IndexChain has been making news for being amongst the top blockchains for business. It’s aimed at establishing a next-gen decentralized financial infrastructure for financial market developers and institutions.
IndexChain’s official website: http://www.indexchain.io
IndexChain is an independently owned project that has been online since September 30, 2019. Ever since then, it has been performing stably, only to expand the number of miners across different centers of the world. Indexchain has successfully implemented various DeFi ecological systems along with a fully operational third-party-on-chain gaming platform.
Components of Indexchain
IndexChain comprises of three main components:
- A private intelligent blockchain with a multi-chain architecture
- A decentralized financial service ecosystem around DeFi projects and multiple distributed applications
- A governance mechanism that motivates and coordinates the development of the IndexChain.
In addition to all, IndexChain also aims to deploy the IPFS protocol along with adding data storage functions. It has a continuous eye on the research and development in the relevant field to achieve the deployment of a large number of IPFS based mining machines. It shall contribute towards its aim of building a next-gen distributed storage infrastructure.
Services and Features offered
The index chain provides you a well-knit blockchain platform to support the digitization of token transactions and using smart financial contracts. If you remember the older ICO and IPO platforms, Indexchain is an upgraded and improved version of the same in 2020. Going by the statistics, the global value of collective stock assets stands at about $70 trillion, with the debt being close to $100 trillion and real estate value at about $230 trillion. Indexchain strongly believes that there rests a great potential in the classification of global assets, where digital assets can realize their value in empowering the real economy.
The main highlights of the Indexchain project being:
- DeFi Platform
- Node Staking
- Consensus Network
Where’s the Innovation?
The index chain brings with it the latest advancements including
- Delay proofing of work technology: Index chain offers security as intricate as that of Bitcoin levels
- Multi-chain technology: The technology is scaled across multiple machines, and the network can be expanded infinitely. The scaling can be done both vertically and horizontally.
- Financial efficiency: The smart financial contract adds to the effectiveness of the blockchain.
- Full proof privacy technology: You can opt for anonymity if you wish to maintain privacy and providing zero-knowledge of you to others
The index chain, in addition to token advisor services, is what makes up the definition of a crypto investment bank.
The Future Roadmap
The roadmap of development for the current year 2020 and further beyond is well planned.
- Q1 2020: Developing stable currency and mobile wallet module on-line, Oracle module on-line
- Q2 2020: Building multi-signature functions on-line, atomic exchange technology on-line
- Q3 to Q4 2020: Intelligent multi-chain technology on-line, real-time micro-payment module on-line
The future projects of the Index chain beyond 2020 comprise of Quantum security updates along with the development of new modules. Until then, stay tuned!