Untangle the Tangle: Introduction to Tangle Technology and its Business Application
The World Trade Center (WTC) Kochi, on 20th March 2018, organised an introductory session to “Tangle Technology”. This is a new technology which is predicted to overcome certain shortcomings of the Blockchain.
Mr. Real Prad, CEO-SayOne Technologies was the speaker. Mr. Real during his presentation said that the rise and fall of Bitcoin and other cryptocurrencies during the past few years catapulted Blockchain into the mainstream. However, Blockchain has certain limitations which paved the way for its successor -The Tangle. Tangle forms the next evolutionary step succeeding Blockchain. It aims to rectify the shortcomings of Blockchain. The session broadly covered areas like – Introduction to Tangle, Comparison with Blockchain, Applications of Tangle etc. Mr. Renjit Paul, DGM-IT, Malayala Manorama Kottayam gave away the memento to the Speaker.