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The many conveniences of digital technology have resulted in a drastic shift in people’s financial attitudes and behaviors. More and more people have moved to digital payments, but existing traditional and modern financial services still offer limited solutions that are also plagued with a host of modern problems: security risks, financial exclusion, disadvantageous financial policies, scalability issues, trade complexity, and high transaction costs. <\/p>\n
To address these, the Eyeska ecosystem was launched. The community-driven project offers an open-source and integrated suite of solutions that is anchored on decentralized blockchain technology. Eyeska’s own blockchain technology, Eyeska “O” Block (EoB), guarantees highly secured transactions, low transaction costs, and a processing speed that eclipses those of popular cryptocurrencies like Bitcoin and Ethereum and even mainstream payment networks such as VISA. <\/p>\n
In comparison, popular cryptocurrencies and mainstream payment networks feature the following current transaction speeds on average: <\/p>\n
Indeed, EoB is a blockchain technology that is specifically built with speed and scalability in mind: boasting a processing speed of over 1 million transactions per second and a framework that is able to scale hardware horizontally and direct network infrastructure to resolve congestion before it happens. <\/p>\n
Eyeska creator Greyador says that the project’s overall mission is to to make financial services and blockchain technology available and accessible to everyone—especially to the average person. Greyardor further emphasizes that “wealth [should be] of the community, by the community, and for the community for generations and generations, and that everyone should have the opportunity to participate in the process of creating weath as well as share in its progress.” <\/p>\n
To ensure that this goal comes into fruition, Eyeska strongly encourages and enlists the help of its community in driving the project forward and determining its future. <\/p>\n
One way through which Eyeska seeks to involve its community is through the EoB DevCube, a platform that will allow developers to experience the full capacity of EoB and empower them to create for, innovate, and advance the ecosystem. The EoB DevCube is a complete blockchain development suite that allows the creation of decentralized applications (dApps) and smart contracts, and their deployment to the platform’s test environment. With EoB DevCube, developers will be able to incubate, develop, deploy, and run their blockchain solutions within the Eyeska framework easier and faster. <\/p>\n
As the ecosystem matures, Eyeska envisions the development of multiple product offerings for its community that are all powered by the EoB: <\/p>\n
Eyeska’s strong and collaborative relationship with its vibrant and growing community is what defines and propels it forward. Eyeska aims to build a better financial world and to create solutions that are fair, equitable, inclusive, empowering, and sustainable to all so that wealth becomes truly of the community, by the community, and for the community for generations and generations. <\/p>\n
ABOUT EYESKA TECHNOLOGIES INC. <\/strong><\/p>\n Eyeska Technologies Inc is a 100 percent community-driven software development project. It is engaged in creating decentralized applications based on blockchain technology and its primary mandate is to create and implement the EoB platform. Because of its community-based nature, the project is sustained by the work of volunteers who call themselves servants—people who share their time, effort, and expertise in order to innovate and advance the ecosystem. <\/p>\n ABOUT EYESKA FOUNDATION<\/strong><\/p>\n Eyeska Foundation is incorporated to help accelerate the development of EoB by undertaking the sales of the YES. <\/p>\n Telegram: https:\/\/t.me\/eyeska<\/a><\/p>\n Twitter: https:\/\/twitter.com\/eyeska1?lang=en<\/a><\/p>\n References <\/strong><\/p>\n Barzilay, Omri. 2017. “3 Ways Blockchain Is Revolutionizing Cybersecurity”. Forbes. Accessed on August 23, 2021. <\/p>\n https:\/\/www.forbes.com\/sites\/omribarzilay\/2017\/08\/21\/3-ways-blockchain-is-revolutionizing-cybersecurity\/?sh=a59b9a523349 <\/p>\n Bezek, Ian, 2021. “What is Proof-of-Stake, and Why Is Ethereum Adopting It?” Accessed on August 26, 2021. https:\/\/money.usnews.com\/investing\/cryptocurrency\/articles\/what-is-proof-of-stake-and-why-is-ethereum-adopting-it <\/p>\n Bhalla, Anshika. n.d. “Top Cryptocurrencies with Their High Transaction Speeds”. Blockchain Council. Accessed on August 25, 2021. https:\/\/www.blockchain-council.org\/cryptocurrency\/top-cryptocurrencies-with-their-high-transaction-speeds\/ <\/p>\n Gundaniya, Nikunj. 2021. “7 Benefits of Electronic Payments.” Customer Think. Accessed on August 23, 2021. <\/p>\n https:\/\/customerthink.com\/7-benefits-of-electronic-payments\/ <\/p>\n Hertig, Alyssa. 2017. “Ethereum’s Big Switch: The New Roadmap to Proof-of-Stake”. Coin Desk. Accessed on August 25, 2021. <\/p>\n https:\/\/www.coindesk.com\/ethereums-big-switch-the-new-roadmap-to-proof-of-stake <\/p>\n 2020. “What is Proof-of-Work?” Coin Desk. Accessed on August 26, 2021. <\/p>\n https:\/\/www.coindesk.com\/tech\/2020\/12\/16\/what-is-proof-of-work\/ <\/p>\n Horbenko, Yuliia. n.d. “Using Blockchain Technology to Boost Cyber Security”. Steel Kiwi. Accessed on August 23, 2021. <\/p>\n https:\/\/steelkiwi.com\/blog\/using-blockchain-technology-to-boost-cybersecurity\/ <\/p>\n L. Kenny. 2019. “The Blockchain Scalability Problem & the Race for Visa-like Transaction Speed”. Towards Data Science. Accessed on August 25, 2021. https:\/\/towardsdatascience.com\/the-blockchain-scalability-problem-the-race-for-visa-like-transaction-speed-5cce48f9d44 <\/p>\n LetsExchange. 2021. “Which Cryptocurrency Has the Fastest Transaction Time?”. LetsExchange. Accessed on August 25, 2021. https:\/\/letsexchange.io\/blog\/which-cryptocurrency-has-the-fastest-transaction-time\/ <\/p>\n Nilson Report. 2020. “Card Fraud Worldwide 2020”. Accessed on August 25, 2021. https:\/\/nilsonreport.com\/publication_chart_and_graphs_archive.php?1=1&year=2020 <\/p>\n Ogino, Ozora. 2021. “Proof-of-Stake (POS)”. Ethereum. Accessed on August 23, 2021. <\/p>\n https:\/\/ethereum.org\/en\/developers\/docs\/consensus-mechanisms\/pos\/ <\/p>\n Piscini, Eric., Dalton, David., Hurtaud, Stephane., and Kehoe, Lory. 2017. “Blockchain & Cybersecurity”. Performance 24 (September): 42-57. <\/p>\n https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/lu\/Documents\/financial-services\/performancemagazine\/fullmagazine\/lu_performance24-full.pdf <\/p>\n Ravindra, Savaram. 2018. “The Role of Blockchain in Cybersecurity”. InfoSecurity. Accessed on August 23, 2021. https:\/\/www.infosecurity-magazine.com\/next-gen-infosec\/blockchain-cybersecurity\/?__cf_chl_jschl_tk__=050d9b84d7424e57498eaa2a166939412974bf0a-1626332111-0-AVYDTGPNDvcLf1S7k_1V-0JvT706go8p3je6hUjKFBS-CXktAIi72yX6xOUjHLi9IJgMKSGu_UQrVBDj1V0c8ksAyjQwx0C5gW1hikXMbQ3PljiCFRmG6Az6rt7baCBsNLTbWPQrsrDX4Cxpqo_JfqUVUJ0se05JNtOHizwCXU-7Eeur4xxGJueFq13-Id0D5OoJuMjQY_mdfmv4FriBRwJLU9moPz4iFxFEGCc-n_Tt6gz7HpZNCQP5slfwYDklUXHr8MHuTgtxyAvYtmU60ROMhKcfcs5nitYzFW-cdlAl69J4ByqlDZQj9-LbnPAGJpXghT2-Tq4wEKQQby2V2W2BYdDNElf6Wpw00FAJeJkCKw5CoJXJwOPKzMkjtwHMQyjZny14Uk05BSYxo3nGJNHcSouMhX2KA3WBiwtrFtWpVUA4M5-0etbTFTJiiTy10fSilNyRRE8ALOA6EBVfQYQ <\/p>\n Sales Wallet. 2021. “Fastest Cryptocurrencies: Blockchain Speed 101”. Medium. Accessed August 26, 2021. https:\/\/medium.com\/coinmonks\/fastest-cryptocurrencies-blockchain-speed-101-8368071a11a7 <\/p>\n Schou-Zibell, Lotte and Phair, Nigel. 2018. “How secure is blockchain?” World Economic Forum. Accessed on August 23, 2021. https:\/\/www.weforum.org\/agenda\/2018\/04\/how-secure-is-blockchain\/ <\/p>\n Sergeenkov, Andrey. 2021. “How Does Ethereum Staking Work?” Coin Desk. Accessed on August 26, 2021. https:\/\/www.coindesk.com\/tech\/2021\/08\/11\/how-does-ethereum-staking-work\/ <\/p>\n Sigalos, MacKenzie. 2021. “Ethereum mining will soon be obsolete, as ‘London’ update moves key deadline to December”. Crypto Decoded. Accessed on August 26, 2021. https:\/\/www.cnbc.com\/2021\/08\/05\/ethereums-mining-cliff-moved-up-from-summer-2022-to-december-2021.html <\/p>\n Media Contact<\/span>
Company Name:<\/strong> Eyeska.org<\/a>
Contact Person:<\/strong> Media Relations
Email:<\/strong> Send Email<\/a>
Country:<\/strong> United States
Website:<\/strong> Eyeska.org<\/a><\/p>\n