About PEOCHAIN

PeoChain is a blockchain platform focused on providing accessible decentralized finance (DeFi) solutions for underbanked populations. Their platform uses a novel consensus mechanism and dynamic scoring to enable fast, low-fee transactions and mobile integration.

```xml <problem> Traditional blockchain networks often struggle to balance scalability, security, and decentralization, hindering their ability to serve as a foundation for accessible decentralized finance (DeFi) solutions, particularly for underbanked populations. High transaction costs and limited throughput make these platforms impractical for microtransactions and everyday payments. </problem> <solution> PeoChain is a Layer-1 blockchain designed to solve the blockchain trilemma by providing a unified network that delivers high throughput, robust security, and decentralization. The platform achieves scalability through subnet validator networks and parallel processing, reaching speeds of 100,000+ TPS with 1-second finality. Security is maintained through a Proof of Synergy (PoSyg) consensus mechanism, quantum-resistant cryptography, and a dynamic contribution scoring system that rewards collaborative validation. PeoChain aims to promote financial inclusion by integrating with mobile payment systems and enabling ultra-low transaction fees, making DeFi accessible to underbanked populations worldwide. </solution> <features> - Proof of Synergy (PoSyg) consensus mechanism that rewards collaborative validation and network growth - Dynamic Contribution Scoring (DCS) system that rewards network participants based on their contributions - Subnet Validator Networks enabling parallel processing and high transaction throughput - Mobile integration with M-Pesa and GCash for seamless access to DeFi services - Cross-chain interoperability for asset transfers and smart contract execution across multiple blockchain networks - Quantum-resistant cryptography and multi-layer defense systems for future-proof security - Threshold Signature Scheme (TSS) for secure cross-chain bridges - Adaptive Block Production for optimized network performance </features> <target_audience> PeoChain targets developers, validators, and users interested in building and participating in a decentralized financial ecosystem, with a particular focus on providing accessible financial services to underbanked populations globally. </target_audience> <revenue_model> The platform generates revenue through transaction fees, validator rewards, and potential fees from cross-subnet transactions. </revenue_model> ```

What does PEOCHAIN do?

When was PEOCHAIN founded?

PEOCHAIN was founded in 2024.

Founded

2024

Employees

3 employees

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PEOCHAIN

Score: 76/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

peochain.xyz 50+

Crunchbase

Founded 2024

Funding

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Team (<5)

Daniil Krizhanovskyi

CTO

Company Description

Problem

Traditional blockchain networks often struggle to balance scalability, security, and decentralization, hindering their ability to serve as a foundation for accessible decentralized finance (DeFi) solutions, particularly for underbanked populations. High transaction costs and limited throughput make these platforms impractical for microtransactions and everyday payments.

Solution

PeoChain is a Layer-1 blockchain designed to solve the blockchain trilemma by providing a unified network that delivers high throughput, robust security, and decentralization. The platform achieves scalability through subnet validator networks and parallel processing, reaching speeds of 100,000+ TPS with 1-second finality. Security is maintained through a Proof of Synergy (PoSyg) consensus mechanism, quantum-resistant cryptography, and a dynamic contribution scoring system that rewards collaborative validation. PeoChain aims to promote financial inclusion by integrating with mobile payment systems and enabling ultra-low transaction fees, making DeFi accessible to underbanked populations worldwide.

Features

Proof of Synergy (PoSyg) consensus mechanism that rewards collaborative validation and network growth

Dynamic Contribution Scoring (DCS) system that rewards network participants based on their contributions

Subnet Validator Networks enabling parallel processing and high transaction throughput

Mobile integration with M-Pesa and GCash for seamless access to DeFi services

Cross-chain interoperability for asset transfers and smart contract execution across multiple blockchain networks

Quantum-resistant cryptography and multi-layer defense systems for future-proof security

Threshold Signature Scheme (TSS) for secure cross-chain bridges

Adaptive Block Production for optimized network performance

Target Audience

PeoChain targets developers, validators, and users interested in building and participating in a decentralized financial ecosystem, with a particular focus on providing accessible financial services to underbanked populations globally.

Revenue Model

The platform generates revenue through transaction fees, validator rewards, and potential fees from cross-subnet transactions.