• Tezos facilitates formal verification like in mission-critical environments
• Nomadic Labs publish detailed version on writing Tezos Protocol
• Vertalo chooses to work with Tezos
• Tezos South East Asia Baking Tour

Tezos, the self-amending cryptographic ledger, establishes consensus in the state of its protocol and the ledger. Tezos blockchain network is linked to the digital token known as (TEZ) or Tezzie (XTZ).

Kathleen Breitman, CEO, and co-founder if Tezos, retweeted on January 24, 2020: “Yesterday we celebrated our Twitterversary; today is actually TQ’s birthday! Thank you to everyone in the Tezos ecosystem, which made this such an exciting year, and we’re looking forward to what the future holds.”

Sydney Ifergan, the Crypto Expert, tweeted:  “I recollect the French Gendarmerie get into Tezos to recording the judicial expenses on the Tezos blockchain.” He further stated, “Michelson, the native smart contract language of Tezos provides for formal verification like in mission-critical environments like aerospace, nuclear, and semiconductor industries.” 

Thus, we are already able to see that public blockchains like Tezos as being useful to address real-time issues.  Overhead costs are reduced, and the smart contract is deployed, permitting access to specified individuals, eventually maintaining security.

Nomadic Labs have published a second and detailed edition on how to write a Tezos Protocol on January 23, 2020.

Vertalo Choses Tezos

Vertalo chose to work with Tezos because it works faster than Ethereum. Tezos provides for a lot of programming languages.  It has got greater scalability than Ethereum. However, Ethereum powers about 94% of STOs so far.

Vertalo has obtained a registration confirmation from the SEC to become a transfer agent.  They cover for the security token industry. They are therefore considered to be ideal for security tokens.

Dave Hendricks CEO stated, “We think that that covers 99 percent of the security token and smart contract landscape for equity and debt.”

Several others are in line to make use of Tezos, and it feels like several others would follow suit. Fundament Group, Token Soft, BTG Pactual are just a few to name in the lines of companies interested in Tezos.

Tezos Baking Tour – February 02, 2020

Tezos South East Asia recently called all of the aspiring Tezos Bakers to learn about baking and to set up a baker at the Tezos Baking Tour in Singapore. The session will focus on running a validator on Tezos, getting trained to transfer XTZ, setting up software wallet and hardware wallet (Nano Ledger), and delegating XTZ. The next baking tour is scheduled in Thailand.