Oslo, Norway / Reltime is all set to launch its Initial Exchange offering on two platforms P2PB2B and IndoEx. The Reltime DeFi Ecosystem is a global financial service controlled entirely by end-users. Reltime was founded by a team in Norway, El Salvador, Canada, and India. Reltime started out as a project at King’s College London in 2018. Built on trust, performance, and security, the Reltime DeFi (Decentralised Finance) Ecosystem is owned, backed, and supported by the world’s leading financial partners, for example, TAG Systems and FSS Tech will help bring the platform to the mass market.
Reltime offers direct P2P and M2P lending, borrowing, free remittance, and joint-account services are available to users here, and they are backed by industry experts throughout the world. The Ecosystem creates its own Reltime PoA (Proof of Authority) protocol, which is a blockchain technology that allows for speedier transactions by using an identity-based consensus process. Reltime has been developing the platform with the aid of global organizations since 2018 in order to provide the service as the first true banking offering based on Blockchain-based Smart Contracts and dApps.
FRODE VAN DER LAAK is the inventor of the PoA and the Ecosystem of Reltime. Frode, with an MSc in Software and System Security at the University of Oxford, MPhil in the Faculty of Natural and Mathematical Science, and a Pending Ph.D. from King’s College London in DLT. He brings enormous value to the Reltime team by bridging distributed ledger with user efficiency interests, as well as inventing patented and patent-pending to promote convenience in a telecommunication environment and DLT environment. Have filled over 15 patents. Reltime will go public on a regulated exchange, where it will continue to develop new innovations, file patents, and incorporate new technology. Reltime will distribute investor funds based on escrow and evidence from the investor workshop. This workshop is part of Reltime’s request for feedback from investors who are interested in becoming a part of this groundbreaking invention.
Reltime brings state of art tech to Defi
Reltime intends to revolutionise the state-of-the-art Blockchain technology used in tenancy and microtransactions. The Reltime Proof of Stake ‘RPoS’ consensus method will provide a decentralised public ledger that is open, scalable, and rapid. The protocol aims to take advantage of the structural qualities of blockchain to solve the orphan rate problem. The capacity of RPoS to survive this difficulty and hence increase scalability depends on the additional rules provided to cope with transaction consistency as well as any other design decisions taken.
Based on building blocks, the Multi-Tenancy protocol established as part of the protocol will be straightforward to mass-adopt. Nonetheless, in order to be approved by the industry, it must be able to support industry standards, such as Mastercard MCBP.