Ternio Price

Ternio is a company, that created Lexicon blockchain. It is also name of the coin this blockchain uses and name of a framework: software that combines Lexicon and Stellar blockchains for enterprise usage. Lexicon is a blockchain, forked from Hyperledger Fabric and after that made 100% proprietary (nobody is able to view or use any of its code). It uses BFT (Byzantine Fault Tolerance) consensus algorithm. Ternio is a company, run by a team of entrepreneurs from USA. The main purpose of LexiconShow more [+] blockchain was to create a fast (up to 1M transactions per second), scalable blockchain with relatively low latency for enterprise usage. The project started Q4 2018 and currently is in beta-testing stage. The main areas of usage will be advertising, credit/debit transactions, government services and insurance companies. Ternio framework is built on top of Lexicon blockchain for data storage and Stellar Blockchain for payments. Ternio also plans to introduce cryptocurrency credit card Ternio BlockCard for offline payments with Lexicon coin TERN.