S Korea’s Wizbl Showcase Institutional Video at New York

Posted by Betty Tűndik October 5, 2018

 

South Korea’s blockchain platform company WIZBL unveiled its first institutional video in the heart of New York City.

The video was showcased three times throughout the day and is available to watch on its website and Youtube channel:

Earlier last month, the company launched its mainnet named BRTE or Blockchain Real-Time Ecosystem at a press briefing in Seoul. The revolutionary blockchain network promises a million transactions per second, made possible by increasing each block’s size to eight megabytes and giving a specific number to each node.

The fintech company’s CEO Andy You explained BRTE can also “reduce energy consumption as it compensates users for the maintenance of the ecosystem environment as opposed to mining.”

A mainnet refers to a blockchain network that transfers a digital currency from a sender to a recipient. In other words, it serves as a place where a financial transaction takes place on a distributed ledger.

In July, WIZBL received the first prize at Crypto Shark Tank, an initial coin offering review reality show during this year’s Korea Blockchain Week.

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