Amsterdam – June 2018 – Achain, the world’s leading blockchain platform attended one of largest blockchain expositions on earth – blockchain expo Europe 2018. The event took place in the RAI of Netherlands. Co-located with IoT Tech Expo and AI Expo, it attracted more than 8000 participants, with world famous organizations such as IBM, DHL and KLM exhibiting.
As part of the Achain’s marketing plan in Europe, Achain Marketing Director Edward Yang delivered a speech introducing Achain as one of the most popular public blockchain in China and it’s determination to be the pioneer of Blockchain+ and Blockchain services.
Achain is the public, blockchain platform that enables developers of all levels to issue tokens and create smart contracts. Achain prioritizes security, stability, and the extensibility of blockchain technology by incorporating designs of virtual machines, value exchange protocols, forking mechanisms, and a smart sandbox mechanism.
Achain has created a user-friendly, low-cost, and customizable network. Users can quickly and seamlessly deploy digital assets, smart contracts, and other enterprise-class decentralized applications without delay. The optimization of block interval, block volume, and consensus algorithm within the network allows Achain to reach a performance rate of up to 1000 TPS (transactions per second), with a block time of 10 seconds.
To create a user-friendly experience, Achain employs the sandbox mechanism. This mechanism is a fully-featured simulator that does not require users to spend tokens after entering the system and allows them access to every chain function available. The sandbox mechanism greatly eliminates the amount of false or buggy contracts within the Achain network and reduces the cost of debugging.
Users can access several chain functions to complete tasks on the Achain network that include:
- Creating a Smart Contract: Achain’s unique smart contract enables data interaction between the blockchain and external networks while synchronizing daily activities like business processing or legal enforcement, and data status changes.
- Connecting via VEP: Value Exchange Protocol registers each new forking blockchain
and supports two major user scenarios – cross-chain communication and cross-chain smart contract invocation.
“Achain is establishing one of the space’s most inclusive and open community atmospheres. Our team continuously works on enriching related documents and tools, as we build a seamless, effortless global network on the blockchain for information exchange and transactions,” says Yang. “We’re providing platform for developers, where they can make the best use possible of their blockchain systems. We strive to be the Gardener of the new Blockchain world.”
Achain foundation was founded in 2015, with the main mission of expanding blockchain technology. Achain’s Founder Tony Cui was a blockchain enthusiast, and an early believer in the potential of blockchain. In 2015, he decided to start his own company. The main network of Achain was released in July 2017. Achain has since won many competitions in China including the Innovative Application Competition in 2016 and as winner of China Blockchain Development Competition in 2017.