Another important step in the maturity of the project is the presence in the development and implementation of business and sections , which give an idea about the main features of the project and provide a specific plan of action regarding the project extension Elrond from startups to small and medium businesses. The team included a number of very important tasks in the business plan and have been able to implement some of them, setting an appropriate partnership with supplier payments, thereby ensuring the first version of the platform.
Update: With further growth of the network, the team announced a new partnership with the research Laboratory of distributed systems in an academic environment and hopes to expand the scope of projects to study the most basic problems and fields of application of the technology of the blockchain and also to explore the possibility of using the platform Elrond for decentralized management of the programme demand response in smart grid.
On the display there is no information about the actual business model on how you will use the project, potential partnerships or any plans to use the network in real conditions. However, the team compares how different systems, centralized and decentralized working environment, where data storage and initial loading has led to the fact that the current architecture of the block chain suddenly operate with a bandwidth at the level of the Visa, thus they focus on network promotion to the highest level, that is quite possible partnerships with operators who need high bandwidth for their applications.
Elrond Network is a project that is finally able to solve the trilemma scalability, blockchain networks and enhance the interaction of technology with the real sectors of the economy. The main Objective of Elrond Network is to create a new architecture of the blockchain, which goes beyond the current level and is intended for practical scalability through adaptive separation of state and secure confirmation of transactions (SPoS). In the ecosystem, which strives for firewall interaction, their solution for smart contracts provides a mechanism that is compatible with EVM to ensure interoperability by design. It is a guarantee that Elrond Network will be relevant in a constantly growing environment of the block chain.
