SONICX – AN OUTSTANDING DECENTRALIZED PAYMENT GATEWAY

By Lanfy | Lanfy | 30 Jul 2019

INTRODUCTION

The significant feature of the blockchain is that, it is a decentralized system that works between all permitted parties without the existence of an intermediaries (Middlemen) and it saves time and conflict. Although Blockchains has its own limitations but so far it is rated undeniably, faster, cheaper, and more secure than the traditional systems. Many organizations endeavors to use blockchain and smart contracts today. Banks, institutions and government etc., are embracing blockchain and smart contracts today. By Gartner gauges, over 25% of worldwide associations will utilize smart contracts by the year 2022.
Organizations like Microsoft and IBM offers blockchain solutions and smart contract advancement to notable big business customers today.This means that the interest for disseminated record designers is just going to the advance.
Nonetheless, I want to introduce to you a new platform SONICX.

ABOUT SONICX
SonicX is a branch of the Tron blockchain, designed to quash the trust and security issue battling the existing blockchain platform. The SonicX team however drew the fundamental technology from Tron but intensify transaction speed and scalability. Of course there is the need for a faster performance and better privacy for transactions – a drive for the invention of Sonicx.

351665157-860b868de1a1996f58a5fcfe492815fc7c7365f82f89a4d7d6386cbf977c9279.png
Sonicx is a very fast, efficient and secure platform when compared to existing blockchain platforms. Sonicx will offer to its users an established conditions regarding transactions that do not require an intermediary or a third party through the use of smart contract. Sonicx as a blockchain-based smart contract is a more of self-executing code on a spread record platform that naturally permits the terms of a multi-party understanding.

‘’Smart Contracts are termed ‘smart’ because they can be fabricated in a flash, no layers of expenses and administration, and it can’t be altered or destroyed on account of the blockchain – hence offering trust and security to its users’’.

Sonicx is a payment system that facilitate P2P transactions using a human readable address for efficient network payment system. With Sonicx, users can make cross-border payments using tokens anywhere in the world, with digitize personal data without the activity of any broker or third party.

Sonicx will create a community driven market for its users and developers by elevating content storage to another level. Users will have access to Decentralized storage for documents, photos and other digital content. And Content creators will also be able to showcase their work with ownership of verified content on the blockchain. Hence, more storage capacity is provided and incentives given in return.

351665157-8453bd75ca299ab8b7cf34d8908944878358ee744c92b01642d40f671a421a28.png

To provide high performance and stability, the team of sonicx developed for its users these unique products:

• An exchange buy and sell of other cryptocurrencies.

• An E-games market to create new games and decentralized applications.

• Payus Wallet for digital assets storage.

ROADMAP

351665157-a63940eb8010b877ecb2c94317b2f67d78677b2a0d0881936dc42a0bc91bc50e.png
The Sonicx team has planned to carry out the IEO of its tokens on exchanges. Informations as regards Sonicx and its IEO can be obtained from the links below: