Who We Are
Conax Technology has since 2009 developed unique technologies for the financial industry. The main deliverable for Conax is the patented Multi-Tenancy Delegated Proof of Stake with a goal to deliver blockchain transactions with a speed of max 300ms.
With this kind of speed it is for example possible to stop a contactless transaction from approval if you are outside a trusted zone, based on location.
Conax builds a typical Distributed Ledger Technologies (DLT) with Multi-Tenancy principle. This enables other to operate a secure Neobank and the Ledger is splitted over different nodes to maintain security and consensus.
The Conax ledger is based on our own developed MTDPoS protocol. This prevents all transactions, money flow and accounts from being hacked or handed to a 3rd party. All Tenancy users vote democratic for at what node the consensus will be done.
Financial inclusion is a key driver in tackling poverty and boosting economic growth. Yet a staggering two billion adults across the world still do not regularly use a bank account or have access to a financial institution via a mobile device. Here is the latest data on financial inclusion, which shows a large disparity between different countries worldwide.
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