The FERN Protocol Gives the Ability to Build on Blockchain Systems
Justin Lam — May 15, 2018 — Tech
References: appliedblockchain & venturebeat
Applied Blockchain's new FERN protocol helps facilitate the scalability issues that often face the implementation of blockchain technology. Designed to facilitate the growth and provision of private blockchain networks, the new protocol gives participants the ability to mutually add to the security and structure of any existing blockchain network. The FERN protocol is currently the first of its kind as Applied Blockchain believes it has finally cracked the code on how to easily scale, customize and build upon existing blockchain ecosystems for private networks.
FERN protocol will be offered as part of a host of existing Applied Blockchain applications, which are all designed to make using blockchain less of a headache. By using FERN protocol, or any of these applications, users can access independent nodes and oracle services throughout multiple decentralized services.
FERN protocol will be offered as part of a host of existing Applied Blockchain applications, which are all designed to make using blockchain less of a headache. By using FERN protocol, or any of these applications, users can access independent nodes and oracle services throughout multiple decentralized services.
Trend Themes
1. Scalable Blockchain Solutions - The FERN protocol helps facilitate scalability issues in blockchain implementation, presenting opportunities for innovative blockchain solutions.
2. Private Blockchain Networks - The FERN protocol enables the growth and provision of private blockchain networks, opening up possibilities for industries to develop tailored blockchain systems.
3. Easy Blockchain Ecosystem Customization - Applied Blockchain's FERN protocol allows for easy scaling, customization, and building upon existing blockchain ecosystems, creating potential for disruptive innovations in blockchain development.
Industry Implications
1. Blockchain Technology - The FERN protocol addresses scalability challenges in blockchain implementation, presenting opportunities for advancements in the blockchain technology industry.
2. Decentralized Services - The FERN protocol's integration with multiple decentralized services offers opportunities for the development of innovative solutions in the decentralized services industry.
3. Blockchain Application Development - By leveraging the FERN protocol, developers can create customizable blockchain applications, opening up potential disruptive innovation opportunities in the blockchain application development industry.
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