The best hybrid blockchain network for the digital economy
Petale’s Vortex Network offers individuals, asset managers and financial institutions a reliable solution for decentralized asset management. The Vortex network is built on a private-public architecture to leverage the best of blockchain and cloud technologies to provide new generation financial services.
Vortex core features:
& interoperability
What is the vortex?
The Vortex is Petale's decentralized ledger. It is based on blockchain technology and ERC standards allowing all types of transactions to be settled in seconds within a network of verified investors.
Our blockchain enables transfers of cash and assets in a few seconds without needing a central intermediary, making it a powerful instrument in bridging the physical and the digital economy.
Network deployment:
Instantly transfer assets and cash
The Vortex network is the first blockchain to enable on-chain transfers of physical, digital and fractional assets and cash across a decentralized network of trusted users. Every wallet on the Vortex has been verified through KYC authentication and open the door to a new kind of asset management:
Speed and scalability
Transactions for moving currencies and assets across the Vortex takes <10 seconds. This speed outpaces most of current main blockchain networks:
Transaction Settlement Time
The shorter is the best
Petale 4 sec / 0.07 min
Ethereum 120+ sec / 2 min
Bitcoin 3 600+ sec / 60 min
Security and privacy
As millions of businesses go digital, there’s a need to enable secure and privacy-oriented solutions for a new digital economy. The Vortex is a resilient architecture that is resistant to cyber-attacks due to its decentralized nature. It also provides a high level of reliability as all users are identified and crypted to provide maximum privacy.
A sustainable & eco-friendly blockchain network
The Vortex is designed with sustainability in mind, making it an inherently green blockchain infrastructure. All tokens on the network are already in existence, meaning no need for unsustainable energy consumption like mining or other practices that require additional energy required to produce tokens, unlike other blockchains like Bitcoin and Ethereum.
F.A.Qs
There are many different blockchain networks in the world. The most famous are Bitcoin, Ethereum but newcomers like Solana, Avalanche, Luna or Cosmos are gaining popularity every day. Some new solutions like the Vortex Blockchain and the Token Petale guarantee you speed and security for all your transactions.
A blockchain network is a distributed and decentralized ledger. It’s a system in which a record of the transactions are maintained across several computers that are linked in a peer to peer network. The Vortex Blockchain is an innovative solution which guarantees you fast and secure transactions all around the world.
Petale is committed to a clean future by minimizing its impact on the environment. All Petale tokens were issued at the creation of the network. This way we can conduct near-instantaneous transactions without the massive energy costs associated with proof-of-work validations (or mining).
