Qolkrex Foundation recently announced its new IntiChain project, a blockchain-as-a-service (Baas) business application platform for business ecosystems., and actual social use. The Director of Technology of the Qolkrex Foundation, Julián Rojas, shared the news of the new project with Cointelegraph in Spanish.
IntiChain, according to what was reported, “will be the third-party cloud-based management and infrastructure for companies that build and operate applications on the blockchain, urgently for traceability, ERP programs, supply chains, and SaaS (Software as a Service)”.
The project is based on three axes: blockchain technology, real-world technology (IoT, IT, Big Data, AI), its cryptocurrency Inticoin and its platform.
The technology of the new Qolkrex platform will take care of creating new business applications, with the purpose of increasing the operational and capital efficiency of companies at a relatively stable cost, which can be further balanced if they own the platform’s own cryptocurrency, “Inticoin”.
The cryptocurrency of the IntiChain platform: Intincoin is based on a decentralized blockchain network that will support high performance smart contracts, which will be integrated with the Ethereum virtual machine (EVM).
Julián Rojas explained that Inticoin will start its operations as an ERC20 token, with Moobean blockchain technology (GLMR), interconnected to the Polkadot network as a parachain. He further indicated that the cryptocurrency as a token will be launched in July this year on a Dex crosschain.
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