It is said that necessity is the mother of invention, the blockchain powers modern economic technology, and softnote provides solution to emerging issues.
What is SoftNote?
Built on the Tectum Layer 1 blockchain, SoftNote is latest crypto Layer 2 scaling solution designed to overcome the limitations of the blockchain and Lightning Network. SoftNote is developed by Tectum, a software firm owned by Chicago-based cybersecurity company Crispmind that holds more than 50 patents. Tectum is the creator of the Tectum blockchain, Tectum wallet, and Tectum 3FA. SoftNote is a new product that addresses the present issues with Bitcoin and other cryptos.
Solution offered by Tectum Softnote
The crypto economy is still in its early stages and faces many challenges, including payment delays, high transaction costs, privacy concerns, hacking, etc. To address those issues, Tectum built SoftNote on its blockchain that is capable of processing transactions at 1.3 million TPS. SoftNote also provides access to CrispMind's highest security. This enables SoftNote to provide free, reliable, confidential, secure and instant transactions of digital currency on an unlimited scale.
Profit via Softnote
Softnote provides digital currency for users in the form of Tectum's native TET token, which is also available as BEP20 and ERC20 wrapped tokens. Softnote is able to enable decentralised, unbanked banking for any blockchain. The TET token is accessible for usage with all Tectum and Crispmind products. TET token may also be used for PoW minting and node staking. Thus, Softnote becomes profitable for its users.