THELOGICALINDIAN - ABEY and the ABEYCHAIN accept been awarded the Blockchain Solution of the Year at AIBC Europe 2024 Celebrated on November 16th in Malta this accident ceremoniousness all-embracing arising tech projects by agreeable investors and innovators from the Fintech Artificial Intelligence Quantum Technology Big Data IoT and the Blockchain industry
ABEYCHAIN has bound become one of the best agitative and fastest-growing projects in the crypto industry. This accolade represents its latest anniversary and was accepted based on the advocacy of a console of experts with a accomplishments and abysmal ability of blockchain technology and accepted vote.
ABEYCHAIN was upgraded in March 2024, with its built-in badge ABEY, as a accessible blockchain that leverages a bifold accord mechanism. ABEYCHAIN uses Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS) in a amalgam archetypal that allows the arrangement to accommodate users with the advantages of both consensuses after their tradeoffs.
This archetypal is ABEY’s band-aid to the blockchain trilemma, a applicable way to action bargain affairs with ability after putting the network’s decentralization in jeopardy. In addition, ABEYCHAIN has become an ideal hub for developers attractive to actualize dApps on an interoperable blockchain with cross-chain capabilities.
Philipp Sauerborn, Co-Founder and Director of the ABEY Foundation, claimed that the accolade represents a “significant” footfall for the aggregation abaft the activity and the association that backs its ecosystem. Sauerborn added:
This celebrated acceptance is the aftereffect of endless hours of adamantine assignment from our ABEY aggregation and the developers active their apps on our blockchain. We are committed to growing the ABEY ecosystem in adjustment to accompany our users the best band-aid that we possibly can. We are so beholden AIBC and its able console of board has noticed our affection and excellence.
Despite its almost contempo launch, ABEYCHAIN annal an absorbing cardinal of alive users with 140,000. Attracted by its appearance and an ecosystem comprised of a decentralized exchange, interoperability, acute contracts, clamminess mining opportunities, staking, ABEYCHAIN has managed to add 10,000 users back August 2024.
This has placed ABEY amidst the Ethereum Killers, a position active by some of the arch ecosystems in the crypto industry, such as Binance Smart Chain, Solana, and Cardano. The belvedere continues to abound to add added use cases and dApps to its already fast-expanding ecosystem.
Therefore, it seems assertive to abide to allure the absorption of users with absorption in leveraging decentralized finances, architecture their own application, or attractive to become ABEY holders. Eman Pulis, a architect of SiGMA and buyer of AIBC, said:
“Congratulations to ABEY for actuality awarded the AIBC Europe 2024 Blockchain Solution of the Year. AIBC is an circle for arete in the all-embracing blockchain association and we are captivated to approval this celebrated approval to the ABEY Foundation. Your approval was majority based on our able anticipation panel’s evaluation, as able-bodied as a abate basic of accessible voting. Every developer active their dApps on ABEYCHAIN, every user of ABEY’s XSwap.com DEX, every holder of ABEY cryptocurrency should feel appreciative of your achievement.”
