INTRODUCTION
I remember my grandmother telling me that once upon a time if we had to send a message to someone then we had to post a letter and now just by one click you can send a message no matter how far the person is. This is how advanced our technology has become instead of days it takes seconds to send messages.
Not only in this sector there are various sectors in which technology has improved. Consider the transaction of money now we take the help of e-wallet to do various transaction instead of paying money. This can only be done through various banks and the portals being connected to one another on one platform.
Also, various banks they are connected to one another or we can say they are interlocked with one another that is the reason why we can do transaction of money through various ATM's.
With the help of various technological advancement, there are various portal which have developed it's own currency called as crypto currency which means the transaction done on this portals are done through it's own crypto currency or some other crypto currency if that currency is allowed on this portal.
The current transaction of crypto currency has 3 major issues or back log which includes 1) Block chain has issues of not allowing other crypto currency. 2) Delay in Transaction. 3) Crypto currency from one portal to another not trackable.
In order to overcome all these issues there is a portal created by a team of experts called LASER which will create an additional block chain layer on top of the existing block chain layer.
Currently if we have to transfer money from one portal which uses crypto currency to another portal which uses crypto currency or which uses money one has to depend on third party which has it's own processing fees and it takes a lot time to process the transaction which is one of the issues that the crypto currency transaction has. If laser comes in to picture then this issue will be resolved and there will be no third party involvement and no delay in transaction. Hence, making it a decentralized process.
Each crypto currency platform has it's own block chain which helps to keep track record of the various transaction done on its platform. But if i have to do transaction form one platform to another then there is no way through which it can be tracked LASER will help to create a connecting link between one block chain portal to another portal and we will be able to track the records.
LASER will not only help in transaction of money but it will also help in order to enhance once own site by providing additional features on the portal.
PHOTONS
As we all know that everything comes with a cost even this service comes with a cost the LASER portal will have it's own crypto currency called as "PHOTONS" which will be used by all the companies that take the help of LASER in order to keep a record of the various crypto currency transaction.
CONCLUSION
The crypto currency transaction is very rare these days but it is no sooner that it will be used on all the portals including all your shopping portals. When it so happens it might not be possible that one might have the crypto currency of that particular portal and would like to interchange it with another crypto currency of one's choice. In order to make that happen LASER will play a very important role and it will be mandatory for all the companies to take the laser platform in order to perform the transaction. If everything goes in place in no point of time will laser be used by all the companies having their own crypto currency. But team LASER has to make sure that it is always updated since there will be a lot of competitors which will come along with it's own functionalities.
Website - https://laser.xyz/
Whitepaper - https://laser.xyz/static/WhitepaperLaser.pdf
Telegram - https://t.me/laserxyz
ANN - https://bitcointalk.org/index.php?topic=3466533.0
Published by - smithjones
Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1936039
