SophiaTX Blockchain is a public blockchain platform with a focus on use by businesses of all sizes, i.e. from large global enterprises to small local businesses and eventually to end consumers. It allows for businesses to join and participate across the entire value chain, enabling SophiaTX Blockchain the best possible drive for global adoption. This choice, over the alternative of a private blockchain, supports the goal of creating a truly holistic collaboration.
The flexible and scalable solution will serve as the foundation for new applications with specialized processes and modules for companies where peer to peer architecture and decentralization is desired and beneficial.
The adoption of the SophiaTX Blockchain is supported by a marketplace which includes process flows, use case designs, APIs and common building blocks, specifically developed for widely-used ERP and CRM systems and other business applications. The inter-connectivity with respective APIs is reinforced by the blockchain network.
The SophiaTX Blockchain is fuelled by the SophiaTX Token (SPHTX) which is used to cover mining and transaction fees, allowing access and subscription to the development platform, marketplace, and in-app purchases. It is designed for trading assets or micro-assets and services, know how, process maps and blueprints, integration, and professional consulting services to enable accelerated adoption and use.