- Tectum wins Greatest Blockchain Innovation Award at Leaders in Fintech Awards 2024.
- Tectum is acknowledged for its report velocity of three.5 million TPS.
- The corporate's improvements embrace SoftNote Pockets and SoftNote Pay.
Dubbed the world's quickest Layer 1 blockchain, Tectum gained the Greatest Blockchain Innovation Award on the prestigious Leaders in Fintech Awards 2024. As a subsidiary of Crispmind, a outstanding mental property and expertise firm, Tectum continues to advance blockchain and fintech expertise resolution.
Recognition within the MENA area
The venture workforce famous that this award acknowledges Tectum as a pioneering pressure in blockchain expertise within the MENA area. It consolidates its place alongside main fintech firms comparable to Paymob, Tamam and Hyperpay.
This yr's Leaders in Fintech Awards had 38 classes masking varied points of economic expertise. The awards have been open to all service suppliers within the MENA area, with voting open to the fintech neighborhood. Following the shut of nominations and voting on 3 September, the awards ceremony happened on 11 September on the Habtoor Palace in Dubai, United Arab Emirates.
Tectum is thought for its exceptional velocity. It boasts over 3.5 million transactions per second (TPS), making it the quickest blockchain community within the scientific setting. The platform makes use of a consensus mechanism for utility verification, which ensures environment friendly and safe transactions by way of trusted nodes.
Moreover, Tectum makes use of layered transaction processing that stops congestion whereas preserving privateness by way of zero-knowledge proofs.
Key improvements
Along with its quick blockchain community, Tectum has developed a number of key merchandise together with:
- SoftNote Pockets: a user-friendly digital asset administration instrument for customers and retailers.
- SoftNote Payments: an answer that scales Bitcoin and Ethereum transactions with minimal charges. This enables customers to ship and spend cryptocurrencies with out the necessity for a blockchain pockets.
- SoftNote Pay: a crypto bank card designed for hassle-free direct cryptocurrency funds.
- X-Issue Authenticator: A quantum-resistant, three-factor authentication protocol
Tectum was developed by Crispmind, an organization identified for delivering safe and progressive options throughout varied sectors, together with blockchain, distributed ledgers and cryptocurrencies. Crispmind serves each personal companies and authorities establishments, offering them with cutting-edge applied sciences comparable to safe messaging and superior person authentication.
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