Armando Contreras's Contact Details

Armando Contreras's Company Details

Coralex

Houston, Texas, United States • 3 Employees
Information Technology & Services

Today, there are hundreds of blockchains. In the coming years, those hundreds will become thousandsand—with widespread adoption by mainstream business and government—millions. Blockchains don'ttalk to each other at all right now; they are like the PCs of the 1980s.In the future, blockchains will federate data and value in a hub and spoke model similar to the internet.The future of mainstream blockchain adoption will be achieved by the development of a networked,federated blockchain to integrate these separate spokes. That integrated blockchain network is Coralex.Coralex is a third-generation blockchain network that will enable any private or public sector organization to:• Federate: Send data and value between any Coralex-compliant blockchain and Ethereum.• Scale: Provide fast transaction processing and increased data capacity to all Coralex blockchains.• Spoke: Allow the creation of customized public or private blockchains that maintaininteroperability with other blockchains, but allow publishers to choose governance, consensus mechanisms, issuance, and participation.At the root of the Coralex network is a purpose-built, public, third-generation blockchain called Coralex-1. For more details visit https://coralex.io