What Can You Build?
The possibilities of what you can build on the Syscoin platform are limited only by your imagination. Here are a couple of use cases to get your wheels turning:
The powerful platform that puts your business on the blockchain
Syscoin is a blockchain protocol with powerful core features that enable you to build fast, secure, low-cost applications with ease, with the security and strength of Bitcoin.
Syscoin Platform gives you
High Transaction Throughput
Syscoin's unique Z-DAG technology means the network can handle a transaction throughput of 60158 Syscoin Platform Token transactions per second (TPS), while remaining decentralised and secure.
Interoperability
Build bridges between blockchains with Syscoin Bridge, interoperability with other chains has never been easier.
High Security
Syscoin is merge-mined with Bitcoin which provides Syscoin with an incredibly robust and secure network.
Low Fees
The fees to transact Syscoin Platform Tokens or Assets are very low, making them suited for a wide range of use cases such as point-of-sale transactions
Point Of Sale
The Syscoin protocol makes viable real world point of sale applications that can be used to transact in-store or via e-commerce. The high speed, quick resolution of asset transactions via Syscoin’s proprietary Z-DAG technology means you can empower your business.
Some examples of potential use cases include:
- De-Centralised Marketplaces and E-Commerce
- Game Assets and Microtransactions
- Certificate Backed Digital Goods
- Stock Management and Tracking
Create Crypto Tokens
Syscoin Platform Tokens (SPT) allow anyone to quickly create their own cryptocurrency token on Syscoin Platform. An example of an SPT is LODE [LINK TO https://lode.one], a new cryptographic money system backed by physical silver. Other use cases include loyalty points, coins supported by physical assets, and service-backed currency.
Syscoin Bridge
With the release of Syscoin 4.0 a new bridging feature will be added to the platform to enable two-way bridges between Syscoin and other blockchains. The first of these bridges will connect Syscoin Platform to the Ethereum network. This will provide Syscoin with the ability to interact with Ethereum technologies such as smart contracts. It will also provide a means for Ethereum tokens to leverage features unique to Syscoin Platform such Z-DAG high-throughput transaction rates. All conducted with the security of Bitcoin Proof-of-Work, via merge-mining.
Masternodes
Syscoin Masternodes were launched and implemented along with Syscoin 3.0 on May 1st of 2018. Based on Dash code, Syscoin enhanced the masternodes to offer high transactional throughput using Z-DAG, governance issuance and seniority.
Zero Confirmation Transactions
Transferring funds or ownership of a token uses the Z-DAG protocol to allow for near real-time transactions, which makes them the perfect choice for a retail environment.
Scale as Your Business Grows
Syscoin Assets have one of the fastest highest throughput rates (TPS) in the blockchain field so your application can scale up as your business grows. Using Z-DAG and the Syscoin masternode network the current transactions-per-second rate for Syscoin Assets, Offers and Certificates has been independently verified at (to be announced) TPS – giving the Syscoin Platform a significant advantage over other blockchain protocols.
Syscoin
Other Platforms
Maintain Security
Syscoin is merge-mined with Bitcoin meaning Bitcoin miners can simultaneously mine Bitcoin and Syscoin with no increase in cost. This provides Syscoin with an incredibly robust and secure network and reduces network vulnerabilities that might allow exploits such as a 51% attack.
Partnerships
Over the past four years, Syscoin and Blockchain Foundry have established significant and strategic relationships with many third-party organisations.
Click a logo for more information.
Partnerships
Microsoft Azure
Syscoin partnered up with MS Azure to launch three blockchain products which have been live on Azure since 2017. Developers can deploy a full Syscoin node, implement customized exchange rates via Syscoin’s Price Peg Server, and access Syscoin’s entire suite of blockchain-based services via the Syscoin API.
Partnerships
Blocknorth
Blocknorth are a learning, consultancy and events organisation with a focus on providing enterprise-grade blockchain learning content. We have partnered with Blocknorth to bring Syscoin Platform onto the Blocknorth syllabus, giving a real-world structure to their course materials with immediate access to operational blockchain development tools and resources.
Partnerships
Peer Mountain
Peer Mountain is a decentralised identity-and-compliance ecosystem that puts people in control of their personal information and rewards the community for being trustworthy. Development of Peer Mountain's identity system will involve integrating features and services unique to Syscoin Platform.
Partnerships
Blocknet
Blocknet is working on a project to make blockchains interoperable, mobile, and modular. This enables different chains to provide microservices to each other in a fast, secure, and scalable environment. Blocknet recently sent their first Syscoin SPV transaction; this enables any partner application to make a Syscoin transaction without downloading the entirety of the Syscoin blockchain.
Community
Together with the Syscoin team and foundation, our community is the driving force behind Syscoin's success. Growing steadily since 2014 our social media forums are a hotbed for developers, enthusiasts, and investors alike where we discuss ideas and help the Syscoin core team forge the way ahead.
We have a strong talent pool of community developers who have created some excellent online tools and services for the Syscoin community:
Community members/developers can submit funding proposals to help complete their projects using a portion of the monthly governance pool. Applications are voted on by masternode holders.
Organisations Who Chose Syscoin Platform
Blockchain Foundry
Is a company formed by the Syscoin founders in 2017. In addition to in-house Syscoin-based products such as Blockmarket and Pangolin, they help third-party organisations to facilitate their business on the blockchain’ goals.
Lode
LODE is a cryptographic silver money system that aims to restore silver to the global economic system, as a solution to the problematic inflationary money systems that have sparked the financial crises of recent years. LODE will be using Syscoin Platform to create and
Peer Mountain
Peer Mountain is a decentralised identity-and-compliance ecosystem that puts people in control of their personal information and rewards the community for being trustworthy. Development of Peer Mountain's identity system will involve integrating features and services unique to Syscoin Platform.
AiBB
AiBB is a AI-enabled trading analysis app that provides tools, features and data to help traders make better trading decisions and become more successful in the markets. Originally on the Ethereum blockchain, the company is switching to Syscoin platform to allow for greater numbers of transactions and improved transaction speed.
Lava
LavaCoin is an Hawaii-based cryptocurrency that aims to establish a stable coin via an asset-backed token. Features include a prepaid community card, an app to buy, sell and exchange cryptocurrencies, and a loyalty reward scheme.
Endless Possibilities
Games
Real Estate
Electronic Medical Records
Supply Chain Logistics
Finance
