Tectum, the fastest Layer 1 blockchain, has been awarded Best Blockchain Innovation at the Leaders in Fintech Awards 2024. This blockchain company is a subsidiary of Crispmind, an intellectual property and technology company.
This award recognizes Tectum as one of the most innovative blockchain services in the MENA region. The company joins Paymob, Tamam, Hyperpay and other prestigious fintech companies that have already received recognition from this awarding body.
Details of the Leaders in Fintech Awards 2024
The Leaders in Fintech Awards 2024 include 38 different categories. Each of these subcategories recognizes the impact of individuals and companies on the fintech sector. The awarding body includes all service providers in the MENA region to ensure comprehensive recognition.
In addition, all Fintech players are invited to vote, as there are no limits or restrictions on who can vote. Voters are eligible to vote from the day applications open until September 3. Any applications submitted after September 3 will be void.
Once nominations and voting are complete, the awards ceremony will take place on September 11 at Habtoor Palace in Dubai, United Arab Emirates.
Tectum – Winner of the Best Blockchain Innovation Award
Tectumwinner of the Best Blockchain Innovation Award at the Leaders In FinTech Awards 2024, is known for having the fastest network with the highest number of transactions per second. With a blockchain TPS of over 3.5 million, it is the fastest blockchain in a clinical context.
Additionally, Tectum has much more to offer than its blockchain network. The most popular solution is SoftNote, a fintech solution that helps scale Bitcoin transactions. SoftNote Wallet is a user-friendly wallet that allows cryptocurrency users and traders to manage their digital assets in one place.
Additionally, the blockchain company has also created SoftNote Bills, a cryptocurrency system that allows people to send and spend cryptocurrencies like Bitcoin and Ethereum for as little as $1. This technology is designed to allow people to use crypto without having a blockchain wallet.
Additionally, the company also has SoftNote Pay. SoftNote Pay is a crypto credit card that promotes direct crypto payments without conversation.
About Tectum
Tectum is the world’s fastest Layer 1 blockchain, with an impressive speed of 3.5 million transactions per second. It is powered by a Proof-of-Utility consensus mechanism, ensuring transparent transaction processing via trusted nodes. Unlike many Web3 networks, Tectum uses layered transaction processing, eliminating bottlenecks and delays, while preserving transaction privacy through zero-knowledge proofs.
Key products:
-
SoftNote Portfolio: Designed with a user-friendly interface, SoftNoteWallet allows individuals to effortlessly manage their digital assets.
-
SoftNote Invoices: By facilitating frictionless transactions and promoting scalability, SoftNote invoices are reviving the utility of Bitcoin.
-
X-Factor Authenticator: Offering top-notch security, X-Factor Authenticator is a quantum-proof three-factor authentication protocol.
Developed by Crispmind, a seasoned software and intellectual property development company, Tectum embodies a commitment to building simple solutions for complex challenges. With a diverse portfolio spanning secure messaging, user authentication, blockchain, distributed ledgers, and cryptocurrency, Crispmind caters to both private enterprises and government institutions.
Through innovation and simplicity, Crispmind empowers individuals and businesses to thrive in the digital age.
Social links:
Disclaimer: The information provided in this press release is not a solicitation for investment and does not constitute investment advice, financial advice or trading advice. You are strongly advised to conduct your own due diligence, including consulting a professional financial advisor, before investing or trading in cryptocurrencies and securities.
