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Zetrix news
About Zetrix
Zetrix is a Layer-1 Public Blockchain designed for Government and Enterprise level Web3 applications. Zetrix builds next generation real-world applications harnessing AI and Blockchain Technologies. The Zetrix network proudly collaborates and connects with China’s National Blockchain, Xinghuo Blockchain Infrastructure & Facilities, enabling cross-border data transfer and is compatible with leading Public Chains such as Ethereum and Private Chains such as Hyperledger.
Zetrix provides core services such as w3c compliant decentralized identifiers, verifiable credentials and on-chain agreements.
The cryptographic infrastructure in Zetrix can be introduced in multiple industries as it creates a more transparent, secure and efficient process for the adoption by all enterprises.
What is Zetrix?
Zetrix is a Layer-1 public blockchain platform that focuses on creating a ubiquitous trust network to facilitate free trade and closer cooperation in the digital economy. It is designed to support a high throughput of 2,000 transactions per second, making it suitable for use by public, private enterprises, and public sector stakeholders. The platform aims to address challenges that hinder free trade and seeks to foster closer business cooperation through its infrastructure.
The platform is recognized for its commitment to interoperability, aiming to connect businesses globally by integrating AI and blockchain technologies to develop real-world applications. Zetrix's network is notable for its collaboration with China’s National Blockchain, Xinghuo Blockchain Infrastructure & Facilities, which enables cross-border data transfer and ensures compatibility with leading public chains like Ethereum and private chains such as Hyperledger.
Zetrix offers core services including W3C compliant decentralized identifiers, verifiable credentials, and on-chain agreements, which are essential for creating a secure and efficient process for enterprise adoption across multiple industries. The platform's cryptographic infrastructure supports the development of transparent, secure, and efficient processes, making it an attractive option for government and enterprise-level Web3 applications.
The platform also has its own cryptocurrency, ZTX, which plays a crucial role in its ecosystem. Despite its technical and operational achievements, it's important for individuals to conduct thorough research before considering any investment in cryptocurrencies, including ZTX, to understand the risks and opportunities involved.
How is Zetrix secured?
Zetrix employs a robust security framework to safeguard its Layer-1 Public Blockchain, which is tailored for government and enterprise-level Web3 applications. This security framework is multifaceted, incorporating advanced encryption techniques to protect data integrity and confidentiality. Encryption acts as the first line of defense against unauthorized access, ensuring that data transmitted across the network remains secure and private.
In addition to encryption, Zetrix enhances its security posture through the implementation of non-custodial wallets. These wallets empower users with full control over their private keys and, consequently, their assets. This approach minimizes the risk of asset theft from centralized points of failure, as users are not required to entrust their private keys to a third party.
Privacy and user control are central to Zetrix's security philosophy. The platform is designed with a focus on ensuring that users maintain sovereignty over their data. This is achieved through privacy-preserving technologies and mechanisms that allow users to control who has access to their information and how it is used.
Zetrix also incorporates countermeasures against hacking, including internal management plans and access control systems. These measures are designed to prevent unauthorized access to the network and protect against potential security breaches. Additionally, the platform has mechanisms in place to prevent the forging or alteration of access records, further enhancing its security.
The network's compatibility with leading public and private chains, such as Ethereum and Hyperledger, and its connection with China’s National Blockchain, Xinghuo Blockchain Infrastructure & Facilities, underscore its commitment to interoperability and secure cross-border data transfer.
Furthermore, Zetrix provides core services such as W3C compliant decentralized identifiers, verifiable credentials, and on-chain agreements. These services contribute to creating a transparent, secure, and efficient process for enterprise adoption, showcasing the platform's capability to support next-generation real-world applications that harness AI and blockchain technologies.
It's important for individuals and organizations considering Zetrix to conduct thorough research and understand the platform's security features and potential implications for their specific use cases.
How will Zetrix be used?
Zetrix serves as a foundational layer for a variety of applications, primarily targeting government and enterprise-level projects. Its design as a Layer-1 Public Blockchain enables it to support Web3 applications that leverage advanced technologies, including artificial intelligence and blockchain. The network's ability to connect with China’s National Blockchain, Xinghuo, and its compatibility with other prominent public and private chains, such as Ethereum and Hyperledger, positions it as a versatile infrastructure for cross-border data transfer and interoperability among different blockchain ecosystems.
The platform is set to revolutionize the way value is transferred across borders, addressing regulatory challenges that have hindered blockchain adoption. By providing a public blockchain infrastructure, Zetrix aims to facilitate seamless connectivity between various blockchains, enhancing the efficiency and security of these transfers.
One of the key offerings of Zetrix includes w3c compliant decentralized identifiers and verifiable credentials, which are crucial for establishing trust and authenticity in digital interactions. Additionally, the platform supports on-chain agreements, further extending its utility in creating transparent and secure processes for enterprise adoption.
The potential applications of Zetrix are vast, ranging from government services to enterprise-focused solutions. The network's capacity for real-world asset tokenization opens up new avenues for blockchain-based finance, allowing for the creation of digital representations of physical assets on the blockchain. This capability, combined with the platform's robust cryptographic infrastructure, makes Zetrix an attractive option for industries looking to leverage blockchain technology for enhanced transparency, security, and efficiency.
As with any technological investment, individuals and organizations should conduct thorough research to understand the potential risks and benefits associated with using Zetrix. The platform's focus on addressing the specific needs of government and enterprise users, coupled with its innovative features, makes it a noteworthy development in the blockchain space.
What key events have there been for Zetrix?
Zetrix has marked its presence in the blockchain and cryptocurrency landscape through a series of significant developments and recognitions. A notable milestone for Zetrix includes its recognition by the Ministry of Science, Technology and Innovation of Malaysia and the Ministry of Industry and Information Technology of China. This acknowledgment underscores the platform's potential in leveraging blockchain technology to address regulatory barriers and promote free trade.
The platform's strategic approach aims to enhance liquidity by integrating with both centralized and decentralized exchanges, facilitating smoother transactions within the ecosystem. Zetrix's commitment to overcoming regulatory challenges and fostering trade is a testament to its foundational goals.
In addition to regulatory recognition, Zetrix has been actively expanding its partnerships and development efforts, focusing on the Web3 ecosystem. Its developer-friendly approach positions it as a promising entity for future success in the rapidly evolving digital landscape. As a Layer-1 Public Blockchain, Zetrix is designed to cater to government and enterprise-level Web3 applications, emphasizing the creation of next-generation real-world applications that harness both AI and blockchain technologies.
A pivotal collaboration with China’s National Blockchain, Xinghuo Blockchain Infrastructure & Facilities, highlights Zetrix's capability for enabling cross-border data transfer. This interoperability extends to compatibility with leading public chains like Ethereum and private chains such as Hyperledger, showcasing its versatile integration capabilities.
Zetrix's infrastructure supports core services such as W3C compliant decentralized identifiers, verifiable credentials, and on-chain agreements. These features are instrumental in fostering a transparent, secure, and efficient process for enterprise adoption across multiple industries. The platform's cryptographic infrastructure is poised to revolutionize how enterprises engage with blockchain technology, offering a robust foundation for the development of secure and transparent applications.
The live Zetrix price today is $15.44 USD with a 24-hour trading volume of $1,948,679 USD. We update our ZETRIX to USD price in real-time. Zetrix is up 0.66% in the last 24 hours. The current CoinMarketCap ranking is #2809, with a live market cap of not available. The circulating supply is not available and a max. supply of 2,110,067,061 ZETRIX coins.