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.