One of the components that has been used on our Jfin’s platform

Hello, all readers. Today we are going to suggest one of the components that has been used on our Jfin’s platform, that is “Stellar Blockchain Platform”.

Blockchain Platforms.

In present day, our world has many types of Blockchain Platforms, whether it be…

• Public Blockchains as Ethereum, Bitcoin
• Private Blockchains as Hyper ledger, Corda R3

There are various and different form in each Blockchain. Today we will explain about Stellar and it’s the one of Blockchain Platforms that has been used by Jfin.

What is Stellar?

Stellar, a Blockchain Platform, was built with concept of Payment Infrastructure to use in the international class (World Wide). Especially, “Cross-Border Payment in World Wide”

The team of Stellar (www.stellar.org/about) still well known in Blockchain community and has been accepted from the popular startup in Silicon Valley too.

The benefit of Stellar in all Blockchain Platforms, it has an outstanding point at “money transactions (payment)”

“This payment could support transaction at the maximum 10,000 transaction per second and just pay XLM token fees at 0.00001 XLM or about 0.003 satang only”

Stellar is one of Blockchain Platform that has accepted in world class, focus on the B2B service and also has many companies use Stellar. One of them is the world class company as IBM that announced to be a partner with Stellar. Moreover, also sign a contract with 6 domestic banks in other countries to process the Stablecoin out for usage.

Crypto Wallet

Jfin has brought Stellar to use with the two main parts, “Wallet” and“Payment inside the Jfin Wallet’s application.”

As we refer about Jfin Wallet from previous chapter. The transfer of Jfin token between wallet will process everything on the Stellar’s blockchain.

Our team has considered in this day, Stellar is the best Blockchain Platform ever!. For the payment, Stellar is not only the Blockchain Platform that Jfin used but also has another Blockchain Platform as Corda R3 and Ethereum. So, what part they related to? And how interesting are they. We will explain more details in the next chapter.