Future of blockchain-based enterprises: Pluggable private network?

[dudusix9]

One of the things that hinder businesses and major corporations to start using blockchain technology is the integration part. Even on the crypto side, these cryptocurrencies are unable to handle a large number of transactions in a fast and efficient way. Visa is handling from 2000 to 4000 transactions per second, PayPal - close to 450 transactions per second. While crypto has lower figures in that department.

The newly launched Symbol network will launch to create public-private hybrid deployment by syncing with the NIS1 publish chain. While Symbol, the enterprise-ready network, will function as the private plugin, the community-led and -validated NIS1 chain will operate as an ever-strong public network.

Will this pluggable private network/blockchain attract more businesses to enter the blockchain space?

- https://www.hindustantimes.com/brand-post/future-of-blockchain-based-enterprises-community-led-public-chain-with-a-pluggable-private-network/story-idfsdyGYDs5bZdqxC3wNsM.html

[crypto1010]

One of the things that hinder businesses and major corporations to start using blockchain technology is the integration part. Even on the crypto side, these cryptocurrencies are unable to handle a large number of transactions in a fast and efficient way. Visa is handling from 2000 to 4000 transactions per second, PayPal - close to 450 transactions per second. While crypto has lower figures in that department.

The newly launched Symbol network will launch to create public-private hybrid deployment by syncing with the NIS1 publish chain. While Symbol, the enterprise-ready network, will function as the private plugin, the community-led and -validated NIS1 chain will operate as an ever-strong public network.

Will this pluggable private network/blockchain attract more businesses to enter the blockchain space?

- https://www.hindustantimes.com/brand-post/future-of-blockchain-based-enterprises-community-led-public-chain-with-a-pluggable-private-network/story-idfsdyGYDs5bZdqxC3wNsM.html

I'd say the easier the more likely that these big players will start using blockchain. I think what they're doing is to create a public-private hybrid deployment by syncing with the existing NIS1 publish chain.

[Godstrength]

Lack of regulation creates a risky environment for these businesses. Due to the lack of regulatory oversight, scams and market manipulation are commonplace. As with many areas of tech in recent years, legislators have largely failed to keep pace with innovators

[BillGoldberg]

Very interesting to see how their token will play out on launch. They already have companies using them prior to their launch, and will have a 1:1 airdrop for all XEM holders.

[boyptc]

How many times you posted about this Symbol NEM.

I see that it's likely you are working for them. Shouldn't be this on Altcoins discussion?