Chronicle Accelerate is designed for high performance distributed applications and by developing in Java, which has over 10 million developers worldwide, its open source framework offers dramatically increased potential.
This open source framework supports new applications, which require high scalability into many millions of transactions per second, derive revenue by providing an online service and provide a shorter time to market.
The Chronicle Accelerate blockchain will monetize online services distributed across businesses where the use of cryptographic hashes and signatures reduce the level of trust required between organisations.
Its platform will leverage AI to control volatility and liquidity, and at the same time require low energy and simplify compliance with integrated KYC and AML support.
Our proof of receipt model supports linear scalability of servers, as well as passing transactions via any existing protocol such as HTTPS or websockets. The platform can act as an off chain accelerator for any other currency such as ETH, BTC or USD.
Chronicle Accelerate is designed to have purpose based sharding as it offers:
- Localising transactions within a region.
- Private chains for greater security.
- Off chains with novel and new transaction types.
- Chains designed for lower latency or wider decentralisation.
Find out more with our Quick 10 FAQs.
Watch a video of our CEO at a CryptoCurrency Conference in London.