πŸ‡ΊπŸ‡²Composition(EN)

β–  Blockchain

Blockchain projects are generally divided into public blockchains and private blockchains, and the implementation form is divided into quite diverse forms based on the network type or the size of the project. In the case of a public blockchain, there are advantages of accessibility, openness, and anonymity so that anyone can participate in the network and view transaction records. It can be stolen and infringed, so it is inappropriate to apply to payment services. In addition, payment processing speed and security are also important considerations for payment services.

KONPAY has a main chain and side chain structure using Luniverse's Baas platform. Therefore, a large amount of continuous payment processing is performed on a side chain based on Hyperledger, and various digital asset transactions are handled by the main chain for stability and security.

The Hyperledger Fabric blockchain developed by IBM and Linux Foundation is a permissioned blockchain and is known as a blockchain specialized for general business and financial industries. In addition, the 'Hyperledger Caliper' test result, which can check the transaction processing speed of Hyperledger, has a processing speed of about 3000 TPS for reading and about 1000 TPS for writing, so it can be used without inconvenience for payment and remittance in real life. It is expected that there will be.

All state changes in the network are recorded in KON's block, and all information necessary for payment and settlement can be shared only with authorized and trusted network participants for integrated management.

β–  Multi-blockchain System

KONPAY's blockchain will provide a system that allows merchants to easily customize smart contracts by linking the blockchain with a management system that allows merchants to manage promotions and check transaction details, as well as information on users' payments, settlements, and payments.

In addition, KONPAY uses a multi-blockchain system that is individually configured to ensure the scalability of the network and enable each affiliate to more safely manage token creation, sale, and promotion operation-related information using a separate blockchain.

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