TriveChain Foundation believes that the application of blockchain technology is limitless on top of the developing products. The company is constantly building new applications around blockchain via subchain of the main chain or private chain. Trivechain Foundation recently announced the MOU with various corporate during Bloconomic 2018, the Malaysia First Blockchain Economic Summit that was organised by Malaysia Blockchain Association and Alphacap Berhad gave its best to support Malaysia’s Blockchain start-ups, tech engineers, communities and global blockchain ecosystem partners to gather with one common consensus on blockchain. The two days blockchain summit had managed to gather more than 150 blockchain medias partners from all over the world such as ypblocknews, coinGecko, cointelegraph, channel w, coins300, and many more. The opening of the event was attended by malaysia government agency Mr. NORHIZAM ABDUL KADIR- Vice President, Malaysia Digital Economy Corporation (MDec) ,Madam Yu-Wan Ju, the 9th Legislator of Republic of China (Taiwan) as well as ecosystem partner like MAGIC, TM, Setia Haruman, Cradle, and SITEC. Bloconomic 2018 had received more than 3000 global attendees , 70 world blockchain speakers and 150 investors and blockchain Ventureson the 2 days events held at Connexion Conference and Event Center, Bangsar South.
During the Bloconomic, Trivechain Foundation had initiate the MOU with Setia Haruman to launch the first Asean Trivechain Blockchain Hub as the Center of Excellence in Cyberjaya Malaysia which was lead by Malaysia Blockchain Association. The establishment of the Trivechain Blockchain Hub is to enable the TriveAcademy by providing on going education, guidance, support and works along with researchers and innovators to bring out the true potential of blockchain technology that is yet to realize in the real world. TriveAcademy aims to groom talents through various blockchain communities engagment program, According to Trivechain Foundation Co-founder Mr. Tan Ji Sheng, currently triveacademy is working with 10 universities as well as corporate sectors for this blocokchain transformation. The academy strives to be the Center Of Excellence (COE) and foresees to launch more competent applications for the industry. TriveAcademy also aim to provide full scholarship for uni student and aims to groom 3000 blockchain talents in the next two years programs.
To further the collabration on the development of Blockchain ecossyetm, Trivechain had take a lead to sign MOU during the event with various corporate partner, inclusive Arris Venture a venture capital transforming into blockchain innovation tech, Maxxchain corporate supported by Trivechain as the blockchain advisor for the automotive industry, and the Sprintla corporate integrating crypto to their cloud printing services. The signing ceremony is between Trivechain Foundation with all partners to develop blockchain on their business.
TriveChain Bridging the world largest Blockchain Technology and Ecosystem
During the last July 2018 , Dash had announce entered into a partnership agreement with TriveChain allow Dash to integrate its payment system into BizStore, a blockchain market place powered by TriveChain. This integration will enable applications (BizApp) in BizStore to perform payment transactions not only using Trivecoin but with Dash coin through a new feature call cWallet, cWallet is an all-in-one secure digital wallet application with multiple features. Users can store various digital currencies within the TriveCoin wallet application.
Moreover, the application allows users to send and receive digital currencies in any form. It also ensures the safety of private keys stored in the wallet for upcoming transactions.The first collaboration with dash integration and will be expected to launch by September 2018 and it can also integration with more others coin into the cWallets. Meantime, trivechain also in the development piepline for cPay merchants feature, cPay is the central payment gateway sattlement of TriveCoin. With cPay, merchants can receive dash, any digital currencies and convert them into TriveCoin or any other preferred currencies. cPay maintains a low transaction fee when the settlement is made, ensuring the merchants’ benefits.
Other unique feature within the Trivechain blockchain
BizApp is an open-source application that allows developers to create decentralized applications on TriveChain. The source code and important data are stored within the immutable and distributed network to ensure fairness in randomization of data that needs to be time stamped and verified upon dispute. The data can be openly audited or encrypted by a private key that is decrypted during an inspection process.
As a trusted medium similar to the financial institutions, BizContract is a component separated from TriveCoin to serve as the coordinator between businesses and customers. Without any middleman, it ensures that all items of value (money, shares, properties, etc.) are exchanged in a transparent and conflict-free way. BizContract also pursues a unique feature whereby the traditional property investment is combined with crowdsourcing, enabling a shared purchase of properties with significant value. This creates a fresh and exciting investment opportunity for the public interested to invest in real estate but has no capital to do so.
BizFactory is a user-friendly application for businesses to issue tokens for their organizations. Security token serves as the share in an organization with voting rights, eligibility to receive a dividend and proof of ownership. Utility token, on the other hand, allows the token owner to redeem an asset and to prove ownership of an item. For instance, businesses can hold a pre-sale of their upcoming product through a token sale where each of the limited tokens represents a right to change the said product before it is launched.
THE EXCLUSIVE CRYPTOCURRENCY
TriveCoin is a state of the art cryptocurrency deployed on its dedicated blockchain-based technology, TriveChain. TriveCoin allows instant, peer-to-peer (p2p) transfer and storage of value. It has a hybrid system encompassing both concepts of Proof-of-Work and Proof-of-Stake to ensure security and decentralization with sustainability and scalability in mind
To find out more about the TriveCoin project and features, visit the official TriveCoin website and forum at www.trivecoin.org. For more information on TriveAcademy and Trivechain Blockchain Hub Center Of Excellene and scholarship, please visit us at www.triveacademy.com