With the business landscape becoming more competitive than ever, executives are in an arms race to take their businesses to the next level. Often, that involves corporate leaders studying the latest and hottest technologies and applying it to their own businesses. Right now, one of the biggest buzzwords in business is blockchain. While blockchain has a tremendous amount of potential, it’s not without fault. DEXON (DXN) is a next-generation distributed ledger technology that attempts to solve the blockchain trilemma: decentralization, security, and scalability.
DEXON was launched in 2018 by Popo Chen, the co-founder of 17 Media, and Wei-Ning Huang, a former Senior Engineer at Google Taiwan. The distributed ledger technology uses cross-cutting, interdisciplinary elements from cryptography, applied mathematics, and computer science theories to improve the well-documented shortcomings of blockchain.
The testnet was released in November 2018 which has since reached 12,000 TPS with fast finality. …