Rebuilding trust between consumers and businesses, promoting reform of financing mode, and reconstructing global business. We provide the global user IFTC (Internet Finance Technology Chain), a basic chain underlying platform that can be applied to vertical sectors
Introduction
Settlement System
The amount of each transaction of the consumer will be recorded on three nodes by using DRAW algorithm, and the confirmation will be completed after the whole account book is copied. With DRAW, to solve the problem of transaction confirmation speed will be dramatically accelerated
Exchange
IFTC constructs the Fix Payment in the liquidation chain to ensure the security and controllability of assets directly transaction between two nodes without intermediation
Token Issuancce
By incorporating fair and open rules into open source programs, IFTC enables many high-level financial agreements with special purposes to have their own internal token as an organizational form, this organization can be operated independently without intervention and management
Payment & Settlemengt System
Decentralization Exchange
Encrypted Token Issuing
交易结算系统
The amount of each transaction of the consumer will be recorded on three nodes by using DRAW algorithm, and the confirmation will be completed after the whole account book is copied. With DRAW, to solve the problem of transaction confirmation speed will be dramatically accelerated
IFTC constructs the Fix Payment in the liquidation chain to ensure the security and controllability of assets directly transaction between two nodes without intermediation
By incorporating fair and open rules into open source programs, IFTC enables many high-level financial agreements with special purposes to have their own internal token as an organizational form, this organization can be operated independently without intervention and management
IFTC provides a standard project underlying operating system that can be used as an infrastructure to develop
open source code and implementations based on encrypted token issuance, payment and settlement systems and
decentralized token exchanges for commercial organizations, organizations and individuals in need
Technical highlights
Accurate
High efficiency
security
The DRAW consensus algorithm and DBRT technology independently developed by IFTC team solve the problems of accounting speed and confirmation security in commercial and financial applications, ensure the actual landing of DAPP, and provide a high-performance,ultra-high processing speed infrastructure for the blockchain transformation of real business and Internet enterprises. In order that more application enterprises of blockchain can quickly realize the application and circulation of decentralizedpayment transaction settlement by means of IFTC. It really promotes the application and construction of blockchain directly to users, traditional enterprises, mature Internet products and entity commerce at the level of block chain
The core technology
Double Reverse Annulus Work
Double Reverse Annulus Work : By changing the single block operation speed of 1/N to the TX node block operation speed of X/N, the application block speed of the block chain is increased, and the operation speed exceeds 10 000 TPS from 500 tps
Double Block Refrigerating Technology
Double block refrigerating technology: the block breakpoint replication is completed by cutting the scattered blocks, which reduces the storage of block replication and reduces the energy consumption of the bookkeeper of the replicated blocks
team introduction
  • Edwin CLun
    Bachelor’s Degree of Science in international commerce, he undertook courses about CEO management in the Harvard University. Twenty years of strategic business development and operation experience in Asia and North America.。
  • Xavier
    She worked in the R&D Management Department of TENCENT TECH. In 2015, she embarked on financial sciences and technologies, with rich experiences in gathering, clearing and mining derivative data of vertical financial fields.
  • Caleb
    He is Ph.D of UCL, senior Java full-stack developer, participant of projects in UCL’s Blockchain Center and project architect of the Big Data Research Center of Alan Turing Institute. He served as architect and higher posts in the Citibank, the Bank of America and the American Express. During his employment for UCL, he was responsible for collaborating with central banks, investment banks, hedge funds, clearance center and science & technology enterprises in terms of project research and development.
  • Atticus
    Graduating from the London Business Collage with MBA and the Master’s Degree in Computer Sciences, he came from the HQ of the Barclays Bank. With 8 years of experience in business strategies and formulation in retail banking, he has accumulated 6 years of experiences in developing applications for real-time transactions of investment banks.
development path
IFTC PRELIMINARY PROJECT CONCEPTION
2017 / 12 / 08
DRAW ALGORITHM RELEASED
2018 / 04 / 11
IFTC MAIN WEB ONLINE
2019 / 09 / 01
IFTC
Team
Conce-
ption
white paper
Techno-
logy
Develo-
pment
Online
Maintain
IFTC MC TEAM ESTABLISHMENT
2017 / 07 / 06
WHITE PAPER RELEASED
2018 / 03 / 13
START BUILDING IFTC
2018 / 05 / 21
UPGRADE AND MAINTENANCE
2019 / 09 /
Partner
Investment agency