Review on HarmonyCoin by francis fernandez
drive operational efficiency and financial interoperability
For really fast transactions, the connection to a highly scalable virtual machine is required that also guarantees communication with multiple chains, in such a way that our operations do not stop due to lack of compatibility between platforms or networks.
This constitutes the essence of the mission of the Harmony network, a platform that promotes the interconnection of various financial platforms and protocols based on the virtual machine of Ethereum.
What attributes does Harmony have to ensure the speed and interoperability of non-custodial finance?
Fragmentation of the performance of the blockchain in three areas of work basically: storage management, processing of operations and at the machine level. This guarantees the speed of the platform in transactions, interoperability with other chains and reduces fraudulent attacks
Ensures open access to global crypto asset markets
Speed of execution of commercial operations of just 2 seconds
Fees for network use significantly reduced compared to other platforms in the blockchain market
Facilitates the rapprochement of the network user community with developers
Pros
- Promotes the interconnection of financial platforms
- Boost the efficiency of operations on the Ethereum network
- Platform without intermediaries and open source
- Multi-chain interconnection gateway
Cons
- No disadvantages
