OVERVIEW OF A BLOCKCHAIN-BASED PAYMENT SYSTEM CALLED HYBRIX PLATFORM.

The advancement of the global system cannot be overlooked anymore as it keeps increasing with the help of the growing technologies. The payments process which was initially rigorous, right from the medieval times, have been simplified by platforms which efficiently utilize the recent technologies. The problem confronting this advancement in the payment system is that, these platforms are not well fitted to deliver the full benefits of these technologies, to the payment industry. The world is denied of the gains associated with the technological advancements. Luckily for the world, a more positioned system that has all it takes to pilot the entire globe to an era of digitalization has emerged.

THE HYBRIX SYSTEM HAS COME INTO PLAY

This platform, (Hybrix) is an open-source Blockchain-based system that allows for the betterment of the global payment system, through the development of a decentralized multi-ledger system which triggers the effectiveness of the payment industry.

Let's take a detailed look at the design of the Hybrix platform and the benefits which it brings.

SURVEY OF THE HYBRIX PLATFORM

HYBRIX NODE

This is a package on the Hybrix platform which allows users to run the Hybrix system even on their own private computer, once they download the hybrixd which can run on the different operating system such as Linux, MacOS and other operating systems, making it feasible for every user to be in full control of their assets through the Hybrix wallet, while having the system's multi-blockchain facilitate its activities.

AN EFFICIENT BLOCK EXPLORER

A Block explorer is an online browser which showcases every block transaction which a user carries out on its Blockchain and even the balance of a particular wallet address. Hybrix system has developed its very own Block explorer, which serves as an avenue for the users of the Hybrix Protocol, to seamlessly search the system for their transactions history, in order to maintain transparency of operations. The Hybrix Block explorer also searches wallet addresses to make the assets on it viewable. So, users can now backtrack on their transactions details without stress.

A TOP-NOTCH CRYPTOCURRENCY WALLET

A cryptocurrency wallet is very important for the storage of digital coins, and to provide all the needs of its users, all in one place, the Hybrix system has invented the Hybrix wallet. This easy-to-use cryptocurrency wallet houses different compatible tokens, in a fully secured and decentralized manner. The Hybrix wallet does not store the user's data so as to drive privacy and the users are kept in full control of their assets.

Hybrix wallet is designed in such a way for the users to be able to customize it, to suit their specifications and it is available on both mobile devices and personal computers.

A DEVELOPING GROUND FOR USERS

To add to the astonishing features of the Hybrix platform it has also created a development facility called the Javascript library. On this Library, users can build on as many Blockchains supported by the Hybrix system, securely. It executes the building operation at a fast pace, encrypting every information to maintain user privacy interacting impeccably with the hybrixd API, so as to enjoy the full benefits of the Hybrix system.

All these great features were built into the Hybrix system to make the users comfortable, while enjoying lightning speed transactions, with little or no transaction cost, in a decentralized and transparent way.

CONCLUSION

With a system endowed with features such as this, a user could never go wrong, and a cashless economy can finally be attained. The world now has freedom of payment from anywhere and anytime in the world, without experiencing any difficulty, all of this is owed to the Hybrix platform.

For more information, visit the channels below;

Website: https://hybrix.io/

Whitepaper: https://hybrix.io/docs/papers

Discord: https://discord.gg/WbDfAWb

Telegram: https://t.me/hybrix_io

Twitter: https://twitter.com/hybrix_io

GitHub: https://github.com/hybrix-io

Ann Thread: https://bitcointalk.org/index.php?topic=5230324.0

?Written By: HunterUnchained

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