Veteran Blockchain Project EcoChain Gets Backing from Thai Government

For smart contracts, ECOchain runs Ethereum Virtual Machines (EVM), making easy the development as solidity is a well-known language by blockchain developers.” According to the team at ECOChain, the 3rd generation high-performance public chain is designed and equipped with valuable features that are predicted to disrupt the inefficient and outdated services in the crypto-industry and the ECOC Oracle System is a significant leap forward in the blockchain technology application.

From the launching of ECOC itself, the company says they have been able to solve the industry's high transaction processing speed requirements (560 TPS) as well as the issues of data storage and application, including issues related to sharing, forging, source traceability, and high costs. ECOC claims to have anchored the cross-chain feature of smart contracts, and also solved the high storage requirements of application scenarios (block size is 4MB), built convenient tools for application development in the technical field (Turing completeness), and achieved high output (TpS).

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