Telidyne Inc., provides
technologies and platforms to companies that are generating Mobile Apps
services and operating systems to disrupt
the ecommerce with Blockchain technology. Telidyne Operates the Telibit
A blockchain is a
distributed ledger and all the transactions that ever occurred on that
blockchain are recorded and stored in a block of data. Once stored they can
never be removed, and so the chain of blocks becomes longer with every
transaction. All the data entered into the distributed ledger is protected by
complex cryptography, which can easily be unwrapped when you have the key,
but impossible to crack when you don’t have it.
platforms for Global Smart Contracts. A Smart Contract utilizes blockchain
technology and is essentially a digital agreement between two parties that
automatically execute itself. Payments using Cryptocurrencies is already a
great disruption of the current established financial banking system.
transactions currently are very cumbersome and have high cost associated with
them. Most cross-border payments are still routed via bilateral correspondent
banking relationships, a network of banks that use the SWIFT messaging
protocol to execute transactions.
changing all that with its new platform designed to provide easy and
automated methods for international payment transfers, borrowing funds,
lending money and invoice payments. By using blockchain technology,
Telidyne’s platform is disrupting the industry for financial transactions by
providing high security standards, low costs for executing transactions and a
satisfying, easy user-experience.