Guaranteed availability of notarized and verifiable data for DLT-based solutions.
Planetmint allows developers and enterprises to build and deploy blockchain-based data-driven applications and use cases.
Planetmint stands out from other blockchains due to its modular nature, allowing different data structures, validation methods, crypto primitives, and many more to be added and modified.
Consensus - Byzantine Fault Tolerant
Transaction finality happens very quickly. Planetmint is Byzantine Fault Tolerant (BFT), which means it can only tolerate up to a third of failures, including arbitrary behavior such as hacking and malicious attacks.
Fee or Fee-Free
Planetmint has no transaction fees by default. Yet, it is possible to configure Planetmint to contain transaction fees. This is up to each use case, the purpose of the federated network, and how it is utilized.
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Planetmint integrates the extendable smart contracting language, Zenroom by Dyne. Smart contracts can be formally verified.
Application and Database Layer
The utilized application and database layer can serve industrial and enterprise-ready use cases and requirements. The application layer is designed to run oracles and services deployed and managed via the DLT. This fosters the decentralization and availability of off-chain services that interact with the Planetmint ledger itself.
Data Availability & Integrity
Planetmint proves that “two or more parties interacted with a transaction for consorted data” at a specific time. A federated network takes care of the data by utilizing sharding technology and other proven technologies that guarantee data availability and integrity.
Voting of chain migrations, set-up, and network structure is based on the BFT consensus mechanism.
Assets and their processing can be further extended with attributes, such as carbon emissions, recyclability, and more, which are then monitored and notarised accordingly.
Planetmint is the first blockchain to support multi-asset transaction types to model contractless industrial processes.
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