Apollon Cryptocurrency (APO): Pan-Entertainment Blockchain Project?
The blockchain project about to be launched by Apollon seeks to develop and provide support for all business-related applications using the underlying blockchain infrastructure. Its vision is to ensure that its users get free flow of value. This means that all its members and users will get to enjoy the benefits currently being provided by blockchain technology.
Apollon is seeking to link all entertainment related parties to its blockchain platform. Once linked, the parties will help form a pan-entertainment alliance based on the blockchain technology. Its ecology comprises of:
- It will be based on blockchain technology
- All the linked parties will help form an ecological alliance
- Information security and data privacy will be guaranteed on the platform
- Incorporation of a trading and payment system
APO Application Scene
A closer look at this platform shows that this application intends to cover the entire entertainment scene. It will cover areas such as the gaming industry, tourism, finance, and even big data. Apart from covering the entertainment industry, it will also be looking to cover the cross-cultural activities as well. The targeted industries include:
The platform will help facilitate real-time, and low-cost payments for all online gamers. The payments are to be settled in a dual-layer system, which will help in saving a lot of time, as well as efforts for all KYC social media communities and individual operators.
For the tourism industry, one can expect to encounter an open, transparent, equitable, and trust-worthy payment system. The platform will provide an open source travel service, basic cloud platform, and a global travel credit system. Travel insurance services will also be available.
For this industry, one of the things that users can look forward to will be offline entertainment. This will be staged on a large scale, open source platform that will have very low transactional costs. All the payments will also be made, and settled on a real-time basis, with players being eligible for numerous loyalty systems.
All this will be covered in a platform that is not only secure but one that has also gone the extra mile to incorporate an efficient payment system. The group behind this platform is also interested in seeing a reduction of all transaction costs. This should be done without undermining operational efficiency.
Apollon Underlying Foundation Framework
Its underlying foundation framework includes the following:
- Cross-chain interaction
- Supernode governance
- Side chains
- Smart contracts
- State channel technology
- Zero knowledge proof
- Modular design
- Parallel processing
- BFT-DPoS consensus mechanism
- APO incentive mechanisms
- APO decentralized service to service communication systems
- Apo anti-quantum algorithms
- APO bit and byte data transfer
The Apollon group hopes to be in a position to conduct business on the international stage. In addition, it also seeks to alleviate or avoid any unwanted transactional complications that may be based on the value of its APO coin. Its dual-layer digital currency model has been based on APO and Liquidity Cash. The platform will be launched on July 16th.