Aelf (ELF), in their Monday Motivation on January 20, 2020, tweeted: "#aelf will continue to research and develop cutting edge #blockchain technology, promoting blockchain application and adoption, and drive transformations of traditional industries with technological innovations.”
Fortune Business Insights coverednamed Aelf in the line of several other key players who have contributed to theadoption of blockchain technology by making good investments.
Aelf uses parallel computing withinnovative cross-chain collaboration mechanisms and modular developmentcomponents. These features are definedclearly in just 25 words.
Aelf started off with 2020 in avery successful manner. On January 06,2020, Aelf won the Most Technological System Award.
On Medium, aelf Developerexplained the First AELF Smart Contract. Thus clearing the curiosity of creatingsmart contracts on aelf.
The white paper of Aelf recognizes “scalability, security, customization, and interoperability”as pressing issues of commercial adoption of blockchain technology. Aelffocuses on facilitating the next generation of digital businesses. Financialservices, Insurance, Digital Identity and IPs, Smart City, Internet of Thingsas early adopters of their proposed technology.
Aelf CEO spoke at a leading stakingconference in the past year around July, StakingCon, where he was discussingthe fundamental purpose of blockchain. He started, "Blockchain is notmeant to create a new world, but to further develop the current world throughencryption."
Haoba Ma further opines that sustaining the reputation ofthe blockchain industry is important because a bad reputation to the industryaffects everyone who is a member of it.
In the past, Haoba tweeted, “A blockchain network is essentially a business activity that replaces a company. If it does not provide any useful tool nor liquidity, it can never be commercially used. Such projects can survive maybe five years ago, but not anymore.”
Sydney Ifergan, the Crypto Expert Tweeted: “Haoba of Aelf expresses the importance of integrity in several of his tweets, which is a good thing. A good leader leads by example, and we believe the community sustains integrity as much as Haoba.”
Aelf leverages on already existing DAPPs on Bitcoin and Ethereum. The interoperability feature will be used to connect the Dapps to permit asset exchange to extract transaction data on the Dapps. They focus on nurturing new ideas for startups. Ultimately to transform established companies to be blockchain savvy.
Major investors contribute to thecapital required for forming the ecosystem. The pipeline of investors isparticularly useful when it comes to supporting businesses globally.
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