Tectum, recognized as the fastest layer-1 blockchain, has been honored with the Best Blockchain Innovation award at the Leaders in Fintech Awards 2024. This blockchain entity operates under Crispmind, a firm specializing in intellectual property and technology.
This accolade showcases Tectum as a leading innovator in blockchain services within the MENA region. The company stands alongside renowned fintech entities like Paymob, Tamam, Hyperpay, and other distinguished firms previously recognized by this award body.
Overview of the Leaders in Fintech Awards 2024
The Leaders in Fintech Awards 2024 includes 38 distinct categories, each acknowledging the contributions of individuals and companies to the financial technology landscape. The awarding organization considers all service providers across the MENA region to ensure a broad recognition spectrum.
Additionally, participation in voting is open to everyone within the Fintech sector, with no limitations on who can express their opinions. Voting is conducted from the opening of nominations until September 3rd, with any submissions received after that date being deemed invalid.
The awards ceremony is scheduled for September 11th, following the nomination and voting process. This year’s event will be held at the Habtoor Palace in Dubai, United Arab Emirates.
Tectum – Best Blockchain Innovation Award Recipient
Tectum, the recipient of the Best Blockchain Innovation Award at the Leaders In FinTech Awards 2024, is well-known for its incredibly fast network, achieving the highest transactions per second. With a blockchain TPS of over 3.5 million, it emerges as the fastest blockchain in a controlled environment.
Moreover, Tectum’s ecosystem extends beyond its blockchain network. One of its key offerings is SoftNote – an innovative fintech solution optimizing Bitcoin transactions. The SoftNote Wallet provides a convenient platform for individual crypto users and merchants to manage their digital assets seamlessly.
Additionally, the company developed SoftNote Bills – a cryptocurrency cash system that allows users to send and spend cryptocurrencies like Bitcoin and Ethereum for a minimal fee of $1. This technology facilitates cryptocurrency use without requiring traditional blockchain wallets.
Furthermore, the firm has introduced SoftNote Pay, a crypto credit card that enables direct cryptocurrency payments without the need for conversion.
About Tectum
Tectum is acknowledged as the world’s fastest layer-1 blockchain, boasting an exceptional capability of 3.5 million transactions per second. It utilizes a proof of utility consensus mechanism to ensure smooth transaction processing through trusted nodes. Unlike traditional web3 networks, Tectum features layered transaction processing, effectively mitigating traffic congestion and delays while maintaining transaction privacy via zero-knowledge proofs.
Highlighted Products:
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SoftNote Wallet: Designed with an intuitive interface, SoftNote Wallet enables users to easily navigate and manage their digital assets.
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SoftNote Bills: This tool enhances transaction efficiency and encourages scalability, reinstating Bitcoin’s practical use.
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X-Factor Authenticator: Offering unparalleled security, X-Factor Authenticator features a quantum-proof, three-factor authentication protocol.
Developed by Crispmind, a well-established intellectual property and software development company, Tectum is dedicated to delivering straightforward solutions to complex problems. With a comprehensive portfolio that includes secure messaging, user authentication, blockchain technology, distributed ledgers, and cryptocurrency, Crispmind serves both private enterprises and government bodies.
By championing innovation and simplicity, Crispmind equips both individuals and organizations to flourish in the digital realm.
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Disclaimer: The content of this press release does not constitute a solicitation for investment and is not provide as investment, financial, or trading advice. It is highly advisable to conduct thorough due diligence and consult a qualified financial advisor prior to any investment in cryptocurrencies and securities.
