SplitChain, the protocol underpinning Zucoins, provides an answer to payment problems. SplitChain is working on supporting payments with a simple DIY self-managed integration, with real-time, secure processing. It provides opportunity to businesses to integrate with a new native protocol and take the lead in an emerging web3 industry.
Verification of Data
The SplitChain ecosystem use a transactional framework. This means that third parties can utilise the framework for their own decentralised transfer and verification of data. The ecosystem facilitates a reliable, verifiable and secure online transaction/exchange method for different data types.
Putting It All Together
The P2P Decentralised System not only handles decentralised exchanges of ownership, but also is capable of distributing verified data (for example, as read-only); a potential for a truly decentralised web, with strong redundancy of data storage. Uses could include personal cloud storage solutions, verifying sources of data and even managing augmented and virtual reality concepts such as collectible items, real estate, brands and product catalogues.
Plans also exist to index chosen metadata that could result in applications such as a decentralised mechanism for searching through this P2P Decentralised System, i.e. a decentralised search engine.