Hello and welcome to this blog post about TROY White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the TROY white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the TROY (TROY).
I can ensue you that, you will be able to understand every bits and pieces related to TROY (TROY) after going through the TROY white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
TROY White Paper
TROY white paper will be going to provide you, all the information that is needed to get started with TROY (TROY), including the inspiration for creating, the problem it is trying to solve and the solution proposed by TROY (TROY).
This paper presents a new blockchain protocol called Troy Network, a non-custodial and decentralized protocol for global trading and settlement, aiming to build the infrastructure of the decentralized finance (DeFi) ecosystem in blockchain industry, by combining Layer 1 and Layer 2 technologies.
Troy Network is an infrastructural protocol for the trading and settlement of crypto-assets (including but not limited to BTC, ETH, EOS), which inherited the advanced features of high security from public blockchain and high speed, high frequency, high privacy from the state channel technologies.
It acts as the prime broker for the member exchanges to access the liquidity of the other participating mainstream exchanges (both centralized and decentralized) and merchant nodes in the network, providing customers (such as institutional investors and high-net-worth clients) with one-stop and full-stack brokerage services including but not limited to deal-making, margin trading, asset management, data analytics services and other value-added services, etc.
Troy Network will implement the function of exchange and payment of cross-chain crypto assets in the near future as the technology of cross-chain protocol (COSMOS or Polkadot, etc.) or cross-chain state channel technology evolves into a more mature level.
White Paper Link: TROY (TROY) White Paper
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