- Vertalo has clarified that it will be using Tezos Blockchain for its interface and framework options.
- The transaction rates per second and the chance to secure the tokens with a proof of stake are the benefits of Tezos blockchain.
Vertalo, a Texas-based digital asset company, will be using Tezos for real estate funding. They will be using the Tezos blockchain for its interface and framework options. Its previous platform, which was built on Ethereum, will still be used in terms of support.
Dave Hendricks, the Vertalo CEO, said that they chose the Tezos blockchain because it has a more flexible smart contract, which could be coded in multiple languages. The transaction rates per second and the chance to secure the tokens with a proof of stake (PoS) network are also some of the added benefits. Real estate funds that are controlled through security tokens using the Tezos Blockchain can pay stake-based dividends on the traditional asset-backed profits.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.