Review on Apollon by Logan Taylor

Name: Apollon
Item: Apollon
Rating: 4

March 26, 2019

Every elements on APO system is meant for addressing some kind of services…

Every elements on APO system is meant for addressing some kind of services. APO adoptes Longtooth, an open and patented technology that can easily enable interconnectivity and interoperability between all services across different ecosystems. It assigns unique identification to each participating service and its applications. Such identification will be used for authentication and authorization during interacting with other participating services.
  Blockchain is a distributed, auditable, secured and difficult-to-hack platform. Its advantage is decentralization, which avoids additional financial intermediation by the banking system or other structures. For any larger amount of money transfer, the lead-time is not within 24-hour If you use conventional methods of transactions. There were cases that a bank transfer could be suspended for months, pending for the bank’s detail compliance scrutiny. But blocking allows you to make quick and secure money transfers without intermediaries. The legitimacy of such transactions is confirmed by the fact that every user who wants to use Apollon Blockchain platform must undergo KYC verification, and transactions are checked using the ATM system.
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Pros

I love to see such professional updates, and that you are considering APO's future as carefully as possible. Keep up the good work and I will keep close to this project. Smart contract is a key part of the payment and receipt system and APO Platform needs smart contracts for APO coin and LCASH utilization. At the same time, developers can develop their own unique smart contracts on the side-chain to meet a developer’s needs for smart contract customization.

Cons

The exchange gateway allows global APO merchants to quickly convert secondary token into their required currency. Without using financial intermediate, over times may speed up the transfer process. This payment mechanism could be extended to cover eCommerce (B2B & B2C) transactions.