True Chain (TRUE)
True Chain is a public blockchain for real commercial decentralized applications. As the websites describe it, it is, “the next generation public blockchain starting with the digital advertising industry. True Chain is based on an improved PBFT protocol which allows for fast P2P communication, efficient smart contract infrastructure, and value transfer. True Chain started with the creation of digital advertising industry D-apps, but planning to support emerging commercial Dapps. The blockchain wants to offer users a better option when it comes to choosing a blockchain for commercial applications.
Reason for choosing True Chain
The PBFT-based public blockchain
The True Chain is a PBFT-based consensus mechanism that allows it to apply a public chain as an industry-specific public chain. This is a top choice pathway to build high-performance applications. The PBFT-based chain supports 10, 000 TPS.
Huge global digital advertising industry
The development of specific industry contracts and cross-chain protocol depends on the more than 20 million publishers and 10 million advertisers worldwide. The ethereal-kind of the public chain collects and connects incompatible application where no eco-system could be developed.
Thumb-field of internet digital advertising
Social media companies such as Google and Facebook and other companies have more market cap. ADTrue as a feature or product of the True Chain the builds such a different world that can facilitate the industry. The target of ADTrue is to the build a 3 trillion market cap for ADTs.
The team behind true Chain has over 10 years of experience when it comes to the digital advertising industry. The team also has accumulated rich resources of media owners, advertising trading platform, and advertisers and effectively help in linking all links and roles of the chain to achieve resource sharing.
Every enterprise in the ADTrue environment can build on it. The ADTrue blockchain is easy to extend to other areas and makes general purposes industry-level public in the near future.
The True Chain economy
True Chain’s in about building industry-specific middleware, high-performance infrastructure, and usability. The economy comprises of digital advertising, financial services, content economy and game industry. The network is built on a four-layer network that includes consensus layer, smart contracts, contract abstraction, and applications.
True Chain was co-founded by a group of blockchain experts. The founding team comprises of Larry Lin, co-founder of Jiou technology, James Cheng, founder and chairman of Jiou technology, Eric Zhang, Yuanwen Wu, CEO of Jiuntum technology Co. Ltd. and others. The team is listed on their website.