BANKEX is building Internet of Assets, a decentralized network which evaluates assets automatically and instantly, and contributes to the development of a new digital asset trading industry. Its Proof-of-Asset Protocol is a new standard used to create smart assets and smart contracts for decentralized capital markets, which is developed to meet the liquidity challenge and make asset deals faster, simpler and more reliable.
On March 17, BANKEX team has reported on the development of a Claim Solution Board , which is a service that should help to settle disagreements in the crypto world. In general, the Board is a voting system that settles various disputes over the transactions in the blockchain community.
The principle of the Claim Solution Board is the same as BANKEX product mining system, which generates product tokens supervised by a group of product miners who play the role of universal arbitration for all types of disputes on the blockchain.
In this March, the team will be working on some mathematical issues, designing the workflow of the voting process and developing code for it. All the work is expected to be finished in April, and an alpha-version of the Claim Solution Board will be ready for testing.