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The Eleven01 (E01) coin is a high-performance blockchain platform that aims to advance the adoption of blockchain technology in India. The protocol has been designed to create, publish, and extend core blockchain services across various sectors. With a focus on emerging markets, Eleven01 provides scalability and performance for both public and private workloads.
The protocol offers dynamic consensus, allowing for the adoption of different consensus algorithms based on the needs of member nodes or administrators. It also features key and account management for enhanced security and governance of the network. In addition, Eleven01 provides inherent privacy through encrypted transactions on the ledger, eliminating the need for decryption.
The Eleven01 platform is intended for use in sectors such as supply chain, smart cities, agriculture, and government. It aims to improve inventory management, streamline payments, ensure real-time tracking of perishable goods, and enhance transparency and compliance in supply chains. Furthermore, it offers secure personal data management and facilitates efficient governance processes through blockchain-powered applications.
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