Announced: adoption rates on world´s first e-commerce-centric fast blockchain

KUALA LUMPUR, July 31 (Bernama) -- The aBey Foundation has recently announced the adoption rates of the world’s first e-commerce-centric fast blockchain, following the first anniversary of its public release.

“Since the public launch of aBey on July 30, 2018, we have amassed more than 100,000 active users within the first 12 months of that date. aBey’s growth rate exceeds Bitcoin’s early growth by a factor of more than eight times,” said aBey chief scientist and co-creator, Dr Ciprian Pungila.

Among the major early adopters, aPay Systems, a high-volume online payments processor has chosen the aBey blockchain as the technical under-pinning of its service. With aBey, the company has completed every single transaction in milliseconds.

aBey’s key features include speed, supporting up to 100K transactions per second, refundable transactions and intrinsic lending, including on-the-spot lending with instant compliance checks using Vault Lending Gateways.

A richly-featured WordPress plugin, aBeyWPP, will be released in early 2020, bringing click-to-buy and transaction status functionality to more than 75 million websites.

For more information, visit http://abey.com.

-- BERNAMA