BetConstruct has launched Fastex Chain, a blockchain platform as part of its Fastex ecosystem.

BetConstruct

The SoftConstruct-owned company’s product brings a new way of business development and revenue growth in blockchain with its consensus mechanism – Proof of Stake and Activity.

This takes into account a users’ actions, with the company aiming to maximise clients’ chances of becoming a validator according to users’ activity on smart contracts in addition to their stake.

The PoSA consensus idea of using stake and activity to validate transactions in blockchain networks is patent pending.

All products in the Fastex ecosystem with regards to their Web3 components, including ftNFT marketplace, Fastex Verse and FastexPay, will be moved into Fastex Chain, with Fasttoken as its native currency.

BetConstruct said Fastex Chain “enables developers, builders, and businesses to build and scale decentralized applications on this rewarding platform, fostering the growth of user activity and high value.”

The company added: “We have created a platform that is simple and profitable for diverse businesses, representing countless possibilities for everyone bold enough to take the first step. You can endlessly grow, build and scale and earn within the Fastex Chain network. Change is coming and we can embrace it together.”