Insolar Price (XNS)

What is Insolar (XNS)

Insolar is building a 4th generation blockchain platform for business aimed to enable seamless interactions between companies and unlock new growth opportunities. In addition to the blockchain platform, Insolar will provide blockchain services and ecosystem support for companies that are looking to develop and deploy blockchain solutions. Insolar will feature most complete and secure set of production-ready business blockchain tools and services to quickly build or launch blockchain enterprise applications, accelerating the progression path from initial proof-of-concept to full-scale production.
In legacy business networks, all participants maintain their own ledgers with duplication and discrepancies that result in disputes, increased settlement times, and the need for intermediaries with their associated overhead costs. Exacerbating these issues is that 80% of corporate data lives in heavily guarded, centralised silos, meaning that a lot of time and resources are wasted transporting, cleansing, and verifying data.
The world’s most innovative companies in finance, logistics, consumer goods, energy, healthcare, transportation, manufacturing and others will be turning to Insolar to create applications and networks that deliver tangible business success. They recognise that even in today’s digital economy, vast amounts of value continue to be trapped inside processes and organisations that don’t connect. Insolar is their remedy, helping them discover and design business value in blockchain networks — starting, accelerating and innovating strategies that replace longstanding business friction with trust and transparency. Delegating trust to a blockchain means that businesses can pursue broader networks, onboard new partners, and enter new ecosystems with ease. Blockchain-based networks that support multiparty collaboration around shared, trusted data and process automation across organisational boundaries bring benefits at many levels, starting with efficiency gains and culminating in reinventing how entire industry ecosystems operate.
Insolar is a global team of 60+ people in North America and Europe, including a 35-strong engineering team with practical blockchain engineering know-how, and 10 leading blockchain academics from major institutions (York University, ETH Zurich, Princeton).

Insolar (XNS) Community

• FaceBook: https://www.facebook.com/insolario
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• Reddit: https://www.reddit.com/r/insolar/
• Medium: https://medium.com/insolar
• Telegram: https://t.me/InsolarAnnouncements