In its announcement, Terminus reveals that the collaboration with Velmora aims to revolutionize the broader decentralized coordination along with IoT integration. Terminus has become a well-known platform when it comes to bridging the Web3 and Web2 ecosystems via unparalleled point-of-sale crypto solutions. In addition to this, Terminus reportedly aligns with the innovative approach of Velmora to real-world data validation and trustless decentralized coordination.
Apart from that, Velmora offers a unique protocol named Proof of Physical Work. It strengthens physical devices like computing nodes and IoT hardware to execute tasks and get verifiable reputation in line with performance. The respective reputation mechanism boosts trust and transparency in settings where real-time and precise data is crucial.
According to Terminus, the mutual initiative denotes a new chapter in achieving its objective of enabling digital-physical integrations. This would ultimately bridge the real-world data as well as the decentralized finance. Keeping this in view, both the entities are merging their efficiencies to eliminate the barriers faced by the physical actions as well as the blockchain representations thereof.
Go to Source
Author: NixCoin
As Bitcoin (BTC) takes a brief breather after creating a new all-time high (ATH) above…
The cryptocurrency landscape is witnessing a remarkable shift, with the BNB price emerging as a…
Bitcoin’s recent price action suggests a cooling phase after its failed attempt to secure a…
Dogecoin started a fresh decline below the $0.260 zone against the US Dollar. DOGE is…
A cryptocurrency analyst has pointed out how the Open Interest for Bitcoin and the altcoins…
XRP price started a fresh decline below $2.90. The price is now struggling and might…
This website uses cookies.
Read More