Features
Here are some of the features of Twala.
EVM Compatibility - Twala Network is an Ethereum Virtual Machine (EVM) sidechain, which makes it fully compatible with the Ethereum ecosystem, enabling users to deploy smart contracts and interact with decentralized applications (DApps) seamlessly.
Zero-Gas Transactions - Twala Network is a zero-gas sidechain, which means users don't need to pay gas fees to perform transactions, making it a cost-effective solution for businesses, institutions, and individuals.
Decentralized Self-Sovereign Identity - Twala ID provides a decentralized digital identity solution that is user-controlled and cryptographically secure, enabling users to manage and verify their identity across multiple platforms.
Document Management and Signing - Twala Sign offers a platform for secure document management and digital signing, using cryptographic signatures and smart contracts.
Regulatory Compliance - The Twala Ecosystem is designed to comply with regulatory requirements, including anti-money laundering (AML) and know-your-customer (KYC) regulations, enabling businesses and institutions to use blockchain technology in a compliant manner.
Enhanced Security - The Twala Ecosystem offers enhanced security features, including two-factor authentication, multi-signature wallets, and secure cryptographic algorithms.
Consent-driven Privacy - The Twala Ecosystem offers privacy-enhancing features, including anonymous transactions and data encryption, enabling users to maintain their privacy and control over their data.
Decentralized Consensus - Twala Network uses Proof-of-Authority (PoA) consensus protocol, which enables a group of pre-approved nodes to validate transactions, ensuring the security and scalability of the network.
Developer-Friendly - The Twala Ecosystem offers a developer-friendly environment, with support for multiple programming languages, developer tools, and APIs, enabling developers to build and deploy decentralized applications quickly and easily.
Updated over 1 year ago