Blockchain startup QPQ’s 1DLT enables development teams to set-up their infrastructure on demand and in minutes. Network, nodes, consensus provider and redundancy needs can all just be selected from a menu and are then available within minutes so that development teams can deploy their smart contracts.
1DLT helps Dev Teams build an EVM-based (Ethereum Virtual Machine) smart contract and connect to multiple blockchains and DLTs with real interoperability. From a single point the Dev Team has multiple connections. 1DLT will add other chains as they gain popularity.
The offering has TPS (transactions per second) of 20k+, with settlement finality in under 10 seconds, which is 120 times faster than Ethereum, as well as significantly lower transaction costs. Clients can choose from a number of public consensus providers.
1DLT enables Web3.0 apps to run on a private or public network supported with all the trust and transparency of consensus on the established ecosystems of the public network. Each individual transaction goes through the consensus process; there is a full audit trail to enable tracking of each and every transaction.