Dash Partners with Trivecoin to Usher in New Breed of dApps
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Dash — the world’s top 14 Cryptocurrency with total market capitalization of USD1.8 billion — has just entered into a partnership agreement with TriveChain. The forward thinking partnership will allow Dash to integrate its payment system into BizStore, a blockchain market place powered by TriveChain. This integration will enable applications (BizApp) in BizStore to perform payment transactions not only using Trivecoin but with Dash coin also.
The intelligent integration of applications into a blockchain market like BizStore is a first of its kind to launch globally. Both Dash and TriveChain saw a great opportunity. WeChat — the Chinese messaging, social media and mobile payment app — generates billions of sales every year in BizStore. Through this innovative solution, app publishers would only have to pay a nominal fee with TriveCoin to list on BizStore, and enjoy higher profit margins, without having to incur the 30% sales commission that app publishers pay elsewhere.
The TriveChain community in Asia is growing fast; in part due to its cost-effective, efficient, and user-friendly features. Couple that with a payment transaction speed as fast as 4 seconds, and you see why the community is flourishing. App developers from around the world are joining the movement, building breakthrough applications on BizStore.The BizStore.io platform provides SDK thus simplifying the difficult process, in addition to build-and-get-paid. Development teams of any size can publish and bring their app to an untapped market, through BizStore in the Trivechain wallet.
Trivecoin wallet can be downloaded at both google playstore and IOS App Store.
Dash is an open source peer-to-peer cryptocurrency and decentralized autonomous organization (DAO). It features instant transactions, private transactions and a self-funded, self-governed organizational Structure.
Dash’s self-funded, self-governed organizational structure, referred to as the treasury system or decentralized governance by blockchain, makes Dash a decentralized autonomous organization (DAO). A global network of masternodes vote on proposals for improving Dash’s ecosystem. Approved proposals are funded from the treasury, which receives 10% of all newly created Dash, with 45% allocated to miners and 45% to masternodes. Running a masternode requires ownership of 1000 Dash. Dash’s network has grown to 4,100 masternodes since launch in 2014, making Dash’s peer-to-peer network one of the largest in the world.
TriveChain is the blockchain of TriveCoin, a core system of TriveCoin that allows new businesses to market their products and/or services on the TriveCoin community, and generate native tokens effectively through TriveCoin’s BizContract. This mechanism gives tremendous opportunity to any businesses to crowdfund their project via initial coin offering (ICO).
The process of tokenization is generated through TriveChain, where these tokens are virtual coins built on top of TriveCoin’s platform, making the tokens programmable and customizable to the developer’s needs. These tokens are open-source, self-governing, and free for anyone to use, whilst facilitating guaranteed agreements, token-based voting systems, digital currencies for decentralized apps and tokenized assets.
Additional features include utilizing both Proof-of-Work and Proof-of-Stake based algorithms in a hybrid fashion to increase security and sustainability, a rewards-based double-tier network known as Trive VIP Masternode Network (TVIP), ExclusiveSend which for increased user privacy protection and Direct Send, a decentralized instantaneous transaction system.
On July 1, TRVC had been listed on bitrabbit.com. Bitrabbit is Australia’s largest cryptocurrency exchange and supports dozens of currencies. The listing on Bitrabbit will give TRVC fluidity, enabling holders to buy, sell and exchange other major cryptocurrencies including Bitcoin, Litecoin, Ethereum and Zcash.
Where to find more information?
For more info about the Trivecoin project and the TRVC, visit the official Trivecoin Organization website and forum at trivecoin.org for mining TRVC, you can visit the official Trivecoin mining pool at trivecoin.com, Kobepool.com and x11hashers.com.
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