Review on Symbol (XYM) by Douglas Cachazo
Symbol (XYM): The future of blockchain is born to empower enterprise applications.
The flow of data to and from the blockchain has been one of the biggest drawbacks that have presented the applications for enterprise environments, eliminate that friction has been a great challenge that several projects have already undertaken, it has been a long road but are going in the right direction, Symbol XYM born with that main function and goodness among others after successfully passing its Snapshot successfully as it was conceived in its work path on the 12th of this month, Yesterday March 15 began what developers in IT call the startup or open Mainnet with all its features, clarifying the snapshot shows the state in which the project is and reflects if everything went well, after the startup if something is not going well you can go to the initial state to make corrections and move forward.
Making analogy so that you can understand the benefits of this project, I compare it with the emergence of the Euro for trade exchanges between various European nations and economies, that is one of its main functions, Put the XYM currency and allow the flow of real data between companies, from and to the blockchain.
Developed for many years from the successful NEM ecosystem with its team and same community but both networks will remain operational in parallel, some currencies and applications may be migrated from NEM to Symbol XYM, but it is very clear Symbol XYM from NEM.
The NEM project had already innovated with the concept of intelligent assets already explained previously, these assets have values, XYM facilitates the exchange of these values, which gives functionality and enhances the concept previously created in the NEM ecosystem, the idea is to facilitate the transfer of values, reduce costs in companies and provide greater security. Companies that opt for this option will undoubtedly have a competitive advantage over those that do not.
Having data exchange from various sources, reliable and secure without major problems that eliminate frictions. In addition to having control of the data, tools and advice for developments, then you will need the Symbol XYM blockchain.
The project already has many strategic allies worldwide that can support your company to create and develop the business application required by your organization, they are ready to support you and provide solutions.
The project is oriented for developers and its web portal has all the necessary material to understand how to develop, Symbol provides a set of tools and is open to interact with any object-oriented programming language, that is an abysmal advantage. Personally I do not doubt in the future to try to apply in some project, I already sent my data and apparently they are in support database. At the moment with the electrical and internet connection problems in my country I don't think I can apply. But if you are a developer and suffer from these problems, here you have a good option.
Extensive information for developers, at that point there is a small error on their website with two small details, a truncated page where apparently failed the size and did not work the responsive feature, the other a couple of links that are not working.
Pros
- Projected to be born with a successful parent like NEM
- Facilitates value exchange
- Allows exchange of information to and from and between companies.
- Reduces operating expenses for companies and provides greater security and efficiency.
- Already has a good train of developers worldwide.
- Open to develop with any object oriented language.
- It facilitates and provides development tools
Cons
- Nothing to say
