• Tectum gained the Finest Blockchain Innovation Award on the Leaders in Fintech Awards 2024.
• Tectum is thought for its record-breaking pace of three.5 million TPS.
• The corporate's improvements embody SoftNote Pockets and SoftNote Pay.

Dubbed the world's quickest Layer 1 blockchain, Tectum gained the Finest Blockchain Innovation award on the prestigious Leaders in Fintech Awards 2024. As a subsidiary of Crispmind, a distinguished mental property and expertise firm, Tectum continues to advance within the discipline of blockchain expertise and expertise. fintech options.

Analysis in MENA area

The mission workforce mentioned this honor acknowledges Tectum as a pioneer in blockchain expertise within the MENA area. It cements its place alongside distinguished fintech firms similar to Paymob, Tamam, and Hyperpay.

This yr's Leaders in Fintech Awards had 38 classes protecting numerous elements of economic expertise. The awards have been open to all service suppliers within the MENA area and voting was open to the fintech group. After nominations and voting closed on September 3, the award ceremony was held on September 11 at Habtoor Palace in Dubai, United Arab Emirates (UAE).

Tectum is thought for its superb pace. With over 3.5 million transactions per second (TPS), it’s the quickest blockchain community in medical follow. The platform makes use of a proof-of-utility consensus mechanism that ensures environment friendly and safe transactions by means of trusted nodes.

Moreover, Tectum employs layered transaction processing to stop congestion whereas preserving privateness by means of zero-knowledge proofs.

main improvements

Past high-speed blockchain networks, Tectum has developed a number of key merchandise together with:

• SoftNote Pockets: A straightforward-to-use digital asset administration software for customers and retailers.
• SoftNote Payments: An answer to scale Bitcoin and Ethereum transactions with minimal charges. This enables customers to ship and spend cryptocurrencies with out the necessity for a blockchain pockets.
• SoftNote Pay: A crypto bank card designed for seamless direct cryptocurrency funds.
• X-Issue Authenticator: A quantum-resistant three-factor authentication protocol product

Tectum was developed by Crispmind, identified for offering safe and progressive options throughout quite a lot of sectors, together with blockchain, distributed ledgers, and cryptocurrencies. Crispmind serves each non-public companies and authorities companies, providing cutting-edge expertise similar to safe messaging and superior person authentication.