The transaction fees on Token Network are some of lowest in the market
Token Network is a sub chain of the Nuls Blockchain. We are using a Proof of credit module of Nuls. We are aiming for 800 TPS and by using proof of credit we are able to provide better security.
The Token Network blockchain will have Smart eCommerce contracts designed for eCommerce and business supply chain.
In today’s eCommerce industry there are several problems that merchants and consumers face. Problems faced by Merchant’s often lead to consumer problems, which is why Token Network is thinking from a merchant perspective as well as the consumers perspective.
Token Trolley is a hybrid marketplace that allows consumers to use both centralised and decentralised features. You may even use a centralised version while we handle all the transactions off-chain to speed up the process.
With Token Trolley one of objective goals we have achieved is low transactional fee using token network.
Using b-pay ecosystem and implementation we are able instant liquidity using B-USD Coins.
Building a blockchain solution which is seamlessly easy to use is always challenging and token trolley is being designed in a very smooth way.
With token network’s blockchain infrastructure and proof of credit chain, token trolley is able to achieve the security and safety for merchants and consumers.
Our team is working hard to deliver the milestones and roadmaps we have outlined below.
The Token Network team combines a passion for eCommerce and the finance industry.
Below we provided a few questions that have been asked by our community.
Token Network is a public chain with Proof of Credit consensus built specifically for ecommerce and online retail industry.
In theory yes, however the mechanics we use are proof of credit, which is basically a similar method to proof of stake.
According to Howey test our tokens fall under utility.
We have scheduled our main net to come out in March or early Q2 2019