Tereon – Like cash, it transacts digital value immediately
Tereon is a real-time transaction processing platform. It breaks new ground in performance in terms of:
- Transaction speed
- Scalability
- Information integrity and
- Service flexibility
This platform supports a wide range of use cases without requiring new regulation:
- Post-trade settlement
- Real-time payments
- Integration with AI and machine learning technologies to provide a real-time, reliable data feed and to immediately react to the insights with actions and new services
Its Advantages Result From Its Design:
Privacy and Trust
Tereon does not expose any transaction details to anyone other than the parties to that transaction, unless required to do so for regulatory purposes. Tereon –
- meets existing financial service regulations, including AML, CFT, MiFID, etc
- can aggregate market data without compromising privacy of transaction data
- authenticates systems and individuals without unnecessarily revealing data
Interoperability
Tereon is an open system. It is designed to interface with multiple systems, to support third-party solutions via APIs, and to support and translate between multiple data formats and currencies.
Security, Causality, and Trust
Tereon’s security is not just about preserving the confidentiality of data and transactions. Its model ensures that data is secured without compromising users’ privacy. Tereon –
- audits every transaction in real time
- can revoke or reverse transactions if necessary
- prevents man-in-the-middle attacks
- preserves causality
- provides full end-to-end authentication
Scalability and Latency
Tereon is designed from the ground up to be scalable. It uses several novel techniques and methods to ensure that it can scale to meet any service requirements. Tereon –
- supports ACID-consistent transactions
- supports over 1 million transactions per second on a single instance at 10ms per transaction
- has a concurrent, cloud-native architecture
- its trust is mathematically proven; it does not rely on proof-of-work
Sustainability
Tereon’s goal to operate on efficient, economic hardware has been maintained. It uses commodity, carrier-grade servers rather than specialized hardware.
It establishes causality and accurate timing to the strictest regulatory requirements.
