Prasaga develops a new generation of smart contract protocol

Luu Macin
4 min readMar 20, 2021

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With the beginning of the market experience, in addition to how people feel and make their own judgment about the market, I think that grasping the upcoming trends will be an advantage to help everyone more successful people on their way to conquer their goals. Realizing this, when smart contracts are susceptible to failure and even recently there are some new big DeFi projects on the market, have fallen victim to this, leaving users with a sizable sum of money. This raises the question of the effectiveness and security of smart contracts, and coupled with the requirement of strict audits. Then I look to Prasaga, which is a project developed by members with experience in the field of IoT/SmartCity and has built a message server solution to solve interoperability that allows devices to suffer from drought mode in the communication can connect with each other.

About

As a person looking for potential projects, I think people are not too unfamiliar with this project, Prasaga with the goal of developing a new generation of smart contract protocol. But maybe people are just hearing about it, so in this article I will go through all in detail to understand why it is being mentioned so much in the past.
Prasaga uses DataGrid Blockchain technology parallel all transaction still maintains Bitcoin level of security. The DGB is designed for the common goals of blockchain that encompass cryptocurrencies and business relationship models from simple to classified and globally extensible magazine. The DGB naturally requires the use of a new and more innovative type of smart contract that sets the stage for development for XBOM.
XBOM is a DGB-based smart contract designed for a comprehensive system to promote code inheritance and allow for exponential improvement. User assets will be tightly controlled under a secure account , making it more efficient to conduct transactions on a decentralized network for economic benefits, autonomy, and security for the participants. And unlike other blockchain projects, on DGB, DeFi Smart contracts will be fully audited before being executed by a number of different auditing firms.

And I know that in the development of the past two years of the project, Prasaga always works according to its core values ​​and has achieved certain successes. The project has successfully built up the core technology and has filed 4 patents, 2 of which have been granted to XBOM and XSOA. The project’s next steps are to complete the DataGrid blockchain, the mainnet DataGrid Collaboration Lab.

Useful features

To talk about all the things that Prasaga can solve in the crypto space will take a lot of time and sometimes people do not fully understand its value, below I will show to share what I consider the most accessible and what Prasaga is aiming for. With the ability to process data between the server and the client, Prasaga rewards those who post their sensor data on the DataGrid and charges those who take the data or use it for AI analysis. Gradually the project has developed into a business model as it is today. Prasaga has a mission to improve all people’s quality of life by providing the means to transact things transparently anywhere. It also allows people to keep all their assets in their own accounts on the blockchain, from personal IDs to stocks, collectibles, cars or real estate. Users will have autonomy over the types of assets in their blockchain account.

Token Information:

Token Name: DGT
Total Supply: 53,278,888,889 DGT
Contract: 0x17101F0fF8F42Bc1AcF9A85aE0Ec2ee4166A6496

Team

Conclusion

So I have introduced you to the most general about Prasaga, actually it has been a long time since I found a complete project of the intention as well as the solutions they are doing. Positive compliments or reviews are not enough to say all that Prasaga is doing and solving, I think that in the near future when the token sale plans are gradually finalized, everyone can transact with it. But I think what we need to care more about is what they can bring back to the crypto space, with a team of experienced professionals, Prasaga will surely do it, if you need to find. For more in-depth understanding of the latest information and updates, please search the helpful links below.

Website : https://www.prasaga.com/
Whitepapper : https://www.prasaga.com/ecosystem-whitepaper/
Twitter : https://twitter.com/PrasagaOfficial
Telegram : https://t.me/prasagaofficial
Facebook : https://www.facebook.com/prasagaofficial
Linkedin : https://www.linkedin.com/company/prasaga/

Auhthor

Forum username: 1207Lmcin
Forum profile link: https://bitcointalk.org/index.php?action=profile;u=2646709
ETH wallet address: 0x432b54850ea369ee380c214c8493498d99e2aece

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Luu Macin

I like cryptocurrency. My love for it is the same as my love for my loved ones! ❤