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Introducing KleverChain, Klever’s own blockchain; whitepaper outlines futuristic goals

Introducing KleverChain, Klever’s own blockchain; whitepaper outlines futuristic goals

KleverChain, a native level 1 blockchain, will be launched by the Klever blockchain team in the coming week.

by Warren Manuel
June 24, 2022
in Announcements, Global, Opinions
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Klever is a top-tier provider of public blockchain infrastructure for the internet. Our mission is to simplify crypto for everyone and ensure they can join the digital revolution. With a successful launch on the Tron network, Klever now enters its next phase, KleverChain.

It revolves around KleverChain, Klever’s native blockchain. KleverChain aims to change that narrative for newcomers by making blockchain technology easier to understand. As a trusted and permissioned blockchain network, its ecosystem helps grow and expand the emerging decentralized economy.

As a Proof-of-Stake consensus mechanism, KleverChain processes up to 3,000 transactions per second and is more environmentally friendly than Proof-of-Work. In due course, KleverChain’s modular structure will allow it to increase that transaction limit.

Not only will KleverChain offer smart contracts, but also pre-built and ready-to-use applications and functionalities. Blockchain platforms that support smart contracts require developers to code smart contracts

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This includes everything from creating a token to all their blockchain applications. As a developer of dapps without smart contract experience, you must trust and rely on the person or team that developed the smart contract itself and hope that it is not vulnerable or malicious.

“Klever has a completely different approach and instead builds the Klever Blockchain with smart contracts coded into the blockchain itself. It is inspired by what Satoshi Nakamoto did with Bitcoin: code once and the Klever contract or Kapp will be there forever for anyone to use.”
— Dio Ianakiara, Co-Founder & CEO of Klever.

Developers can create decentralized applications called Kapps (dApps) like never before. Also, KleverChain is an integral part of Klever Finance’s ecosystem, which has developed easy-to-use and secure products.

“I don’t think developers need to understand how a blockchain works – they just have to call a well-documented function in order to use the blockchain.” — Dio Ianakiara, Co-Founder & CEO of Klever.

On KleverChain, developers can access pre-built, ready-to-use apps and functionalities native to the blockchain without the need for smart contracts. In conjunction with the KleverOS SDK, the network is designed to cater to the needs of both mobile and web developers, regardless of their experience with blockchains and cryptocurrencies.

Currently, Klever’s ecosystem has over 3 million users trading crypto-to-crypto across borders and enabling seamless transaction processing. In addition, Klever is active in over 190 countries and supports several dozen languages.

Klever is marking a crucial milestone by launching KleverChain. Several other blockchains are planned to be supported, including Bitcoin, Ethereum, BNB Chain, Polygon, Tron, Litecoin, Dash, Syscoin, Internet Computer, etc. 

Klever invites a much broader community of developers, visionaries, businesses, and users to contribute to its development by lowering the barriers to entry.

Klever Finance will also develop and deploy the Kapps necessary for legacy companies to use blockchain technology, including independent developers and traditional industries.

Likewise, KleverChain’s functionality and features will continue to be enhanced as KleverChain applications expand their use cases. This will be accomplished with the support of Klever’s multidisciplinary blockchain engineers.

You can view the full Klever Finance blockchain whitepaper here.

Additionally, you can explore the Klever Wallet for iOS, Android, and the Klever Exchange for the Web, which supports over 20 blockchains. There is a Klever Marketplace for those interested in NFTs. The company is also developing a Klever Hardware Wallet and a multi-signature solution called Klever Kustody. 
KleverChain will launch on July 1, 2022.

Tags: kleverklever whitepaperkleverchain
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Warren Manuel

Warren Manuel

As the Head of Marketing for Klever, I use my digital marketing and development skills to help grow the brand across many different channels, expanding the brand's reach, generating leads, and helping improve conversions, and repeat business.

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