Syntropy, previously generally known as NOIA Network, an open mission offering decentralized and blockchain-based connectivity, at present introduced its first buyer with Entain, a sports activities betting and gaming platform.
FTSE 100 firm Entain is likely one of the world’s largest sports activities betting and gaming teams, working each on-line and within the retail sector.
The technological answer from Syntropy helps Entain present its prospects the most effective on-line expertise, enhancing community efficiency, safety, and ease of use for its general sports activities betting and web3 providers.
Entain’s embrace of blockchain-enabled decentralized networking is a milestone as they transition to the rising Web3 mannequin that brings elevated necessities for community efficiency.
Syntropy chain is being developed on Substrate framework with NPoS consensus mannequin coming from Polkadot implementation.
An alternate connectivity system for the general public web, Syntropy solves the problems within the present web framework: safety, privateness, governance, efficiency, reliability, and ineffective useful resource utilization.
This permits a trustless, decentralized blockchain-based economic system, secured by a staking mechanism that ensures equity between these sharing and people utilizing spare community bandwidth.
Programmable token provide and sensible contracts enable for the introduction of incentive mechanisms, equivalent to rewards for nodes taking part in consensus in addition to a reward redistribution pool for the community infrastructure nodes.