SOOM: The Premiere Blockchain 4.0

INTRODUCTION

Blockchain technology is the most disruptive of our time considering its vast applications especially the sprouting of cryptocurrencies which offer swift decentralized transactions upholding transparency and easy traceability.
The generation of blockchain starts from:

Bitcoin (blockchain 1.0)
Ethereum (blockchain 2.0)
EOS and Cardano (blockchain 3.0)
Next is Soom (blockchain 4.0)

All these blockchain infrastructures have their own relevance and the improvement from 2.0 to 3.0 helped to solve some issues of the former but yet failed with regards issues like scalability, lack of support for different business scenarios and inability to carry out cross blockchain operations in order to share assets. For instance, scalability issues can be seen from slow transaction speed that often occur on the network when there is high traffic causing clog.

Soom team did proper research and came up with the best possible solutions to core blockchain issues with regards value grouping algorithms, multi-block structure and mobile phone mining which enable the services to support an array of real world use cases.

AIM OF SOOM PROJECT

The aim of Soom project is to build more infrastructure that will open more space for the adoption of blockchain across the globe.

Have you imagined a blockchain infrastructure that can support transactions from all existing cryptocurrency users, with no scalability issues or network clog? This is made possible by Soom’s blockchain 4.0 infrastructure. Some major improvements are put in place by Soom, which include; scalability improvement by setting up a grouping algorithms, multi-block structure and mobile phone mining which enable the services to support an array of real world use cases.

Advancement or improvement in technology is inevitable, from time immemorial. Blockchain technology is extremely revolutionary and improvement in existing infrastructures is a boost. Traditional blockchain infrastructures like bitcoin and Ethereum had single-chain structure which served at the early stage of blockchain and cryptocurrency invention but things changed over the years after massive adoption comparatively. The existing issues include : slower performance and throughput leading to longer transaction time, easy clogging of the network due to intra-chain interference coming from DAPPS like the case with ETH cryptokitties, and businesses cannot interact across multiple platforms due to absence of cross-chain interaction.
The Soom's Blockchain 4.0 with a grouping algorithms, multi-block structure and mobile phone mining will suit all forms of businesses in real life, fostering blockchain application and adoption mainstream.

SOME FEATURES OF SOOM

Soom also proffers a higher level of storage and computing.
Soom provides decentralized distributed storage (IPFS) with very high privacy and security.
Grid or distributed computing is made possible by Soom's Blockchain 4.0 , ensuring secure computation within a sandbox.
The Soom's blockchain will support projects from the financial industry, the supply chain, telecommunications and so on
Soom integrate Proof-of-Group-Stake (POGS) and Proof-of-Transaction (POT) consensus algorithms that will facilitate mobile mining and give the ultimate blockchain experience to all smartphone users worldwide.

CONCLUSION

The 4th blockchain introduced by SOOM will positively transform the global blockchain sectors, especially for corporate enterprises

(In my next article, I will show us more light about the Soom blockchain 4.0). Just stay tune.

TEAM
Here are the brain behind this exciting project