Review on Symbol (XYM) by Diane Tailor
Symbol blockchain , a project by NEM
NEM's new network uses a share proof algorithm, which is one of the most widely used algorithms in the new cryptocurrencies. The Symbol network with the ability to build new currencies can create security tokens that can eliminate the need for businesses to build a dedicated network.
NEM's new network also uses the Hybrid chain, which, according to the project developers, will make it more resistant to human error.
In general, there is a lot of potential for financial and investment services that companies can use to use a dedicated token.
Of course, the most important feature of this project in my opinion is the construction team, which has been launched by one of the most successful projects in recent years.
Pros
- Possibility of business growth with Symbol network facilities
- Ability to use to show the number of signatures or new currencies, generally provide more blockchain network facilities to businesses with the ability to create new tokens
- The success of the provider company in previous projects
Cons
- The features of this project can be seen in other projects, which means that it can not be said that it is a special and very new idea.
