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Friday, May 7, 2021
Home News DECENT Network introduces ATMChain

DECENT Network introduces ATMChain

DECENT Network is pleased to announce ATMChain, a new 3rd party application, is being developed on top of the DECENT Protocol. Their ICO is expected to be announced soon, with the launch of the application to follow.

“DECENT as the underlying protocol is not only the cornerstone for ATMChain, but a robust high-frequency Blockchain that gives our product a significant boost in terms of technology support,” said Kevin Yan, chief architect of ATMChain.

“ATMChain’s adoption of our technology is another indicator that DECENT Network provides a great foundation for any 3rd party application that might have a good idea but needs a strong Blockchain to get there,” says Matej Michalko, founder and CEO of DECENT.

ATMChain is an intelligent, trustworthy and open digital media ecosystem with a focus on improving and streamlining transactions and the exchange of metrics between advertisers and viewers, a novel application for the rapidly expanding Blockchain technology that it is being built upon.

Ad creators can publish ads while ATMChain distributes and rewards sites that post the content then rewards viewers for their attention and return data. Currently advertisers have difficulty targeting the appropriate audience and are often paying for ineffective ad placement. With ATMChain, viewers get financial incentive to watch, site providers get rewards for hosting the ad content and advertising agents get better data as well as traditional exposure at a lower cost thanks to 3rd party free transactions made possible through the DECENT Blockchain.

ATMChain plans to use multiple crypto-tokens to achieve value quantification and circulation throughout the ecosystem, so payments can happen nearly instantaneously and with guaranteed trust.

Utilizing the underlying Blockchain technology allows ATMChain to provide services like smart contracts, smart contract triggers, automatic dividend transfers, data onchains, data queries, etc. It also provides much needed trust and security while offering transparency for media effect analysis or data reports.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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