Taraxa (TAR)

Taraxa (TAR) widget

ICO date: TBA
Product Type: Technology
Industry: IT
Description:

Taraxa aims to democratize IoT data with concurrent contracts, light nodes, and encrypted data markets on top of block lattice.

Features:

IoT devices are constrained by their processing, memory, and bandwidth limitations.  Taraxa has created a practical trustless light node to make devices fully independent and autonomous in their trading decisions.

Taraxa achieves node-level concurrency by speculative parallelization of smart contract calls, with conflict minimization achieved from built-in concurrent data structures.

The first Dapp on Taraxa will be an encrypted data market with a variety of data trading and encryption tools, giving Taraxa ecosystem partners the tools necessary to set up their own domain-specific IoT data use cases.

Founded: United Kingdom
Website: taraxa.io

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