VeriBlock's technology allows any new or existing blockchain to leverage the Proof-of-Work computational security of Bitcoin through its novel Proof-of-Proof (PoP) algorithm.
NEW YORK, NY / ACCESSWIRE / April 28, 2021 / The continued rise of decentralized finance (DeFi) and cryptocurrency has led to many innovative breakthroughs in blockchain technology in recent years. Proof-of-Proof is among those innovations; its developer, VeriBlock, has joined Newswire's Earned Media Advantage Guided Tour to share its technology that allows any blockchain to inherit the unparalleled security of Bitcoin.
Allowing any blockchain to inherit Bitcoin's gold standard of security makes VeriBlock's novel Proof-of-Proof algorithm a significant development in blockchain technology.
"VeriBlock has developed some of the most cutting-edge technology in the world of blockchain," says Charlie Terenzio, VP of Earned Media Advantage Business at Newswire. "You have billionaires like Mark Cuban and Chamath Palihapitiya who have both recognized the rise of decentralized finance and are both holders of crypto assets. More and more vendors are accepting cryptocurrency as a form of payment, and as that trend continues, we're optimistic VeriBlock's technology will see a lot of interest moving forward."
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VeriBlock, Inc. is a Delaware Corporation specializing in blockchain-software development and is the creator of the Proof-of-Proof security protocol and VeriBlock network. VeriBlock allows any blockchain in the world to secure itself with Bitcoin in an entirely Decentralized, Trustless, Transparent, and Permissionless (DTTP) manner. Its subsidiary, Xenios SEZC, is a Cayman Islands Special Economic Zone Corporation specializing in software management and intellectual property licensing, with a focus on building cutting-edge technologies in regulatory environments that cultivate innovation. Xenios SEZC is the official sponsor of the VeriBlock project.
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Newswire | VP of Earned Media Advantage Business
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