Newmarket, ON, March 18, 2022 (GLOBE NEWSWIRE) — Metabit Ecochain, a high-performance blockchain platform based on large-scale business applications, officially launched at 6 p.m. on March 18, 2022. Metabit will be founded in March 2022 in Toronto, the most dynamic and innovative city in North America, with the goal of developing a large-scale, high-performance commercial blockchain platform with the best experts in academic research and blockchain technology.

With the arrival of the Metaverse in 2021, there is an urgent need for blockchain technology to advance in terms of performance, scalability, and business applications. The Metabit network is designed to be application oriented and benefit the environment. It focuses on developing general and universal business applications and forming an ecology on the basis of providing a strong, secure and autonomous blockchain operation network.

The MetaBit network combines smart contracts and the MetaBit application to create a more general DAPP to meet the needs of a more general and general decentralized trading system. It focuses on developing general and universal business applications and forming an ecology on the basis of providing a strong, secure and autonomous blockchain operation network. Building on this concept, the MetaBit Network combined EVM to create the Metabit application, which addresses the limitations of smart contracts, such as the inability to implement complex functions and the lack of external interaction capabilities.

The current digital transformation of new technologies is accelerating the technological and market transformation of the entire business society. Emerging technologies like big data, cloud computing, 5G, artificial intelligence and blockchain are permeating all sectors of the economy and society; At the same time, digital assets such as DAOs are gaining ground.

The proliferation of species such as Defi, Web3.0, and others directly contributed to the reshaping of various factors of production in the world of the metaverse. After a thorough research and development process, Metabit was officially launched at such a historic moment.

The general design of Metabit consists of three layers: Metabit Network, MetabitAPP and Metabit System. The modular structure, the open application, the virtual layers, the accounts, the consensus, etc., reflect the general design of technological innovation. It is capable of achieving second-tier transaction processing and customizing transaction costs. The new cross-chain technology is also one of Metabit’s main selling points.

Metabit has built a very rich ecosystem as a technology empowerment platform that supports large-scale business applications, including Metaverse Community Platform, NFT Digital Authentication Platform, Metabit Gaming Platform, General Points Platform, Payment Platform, the developer platform, etc.

The goal of Metabit is to build a large-scale, high-performance commercial blockchain ecological platform based on modern cryptography, distributed computing and communication technology, as well as to design the MetaBit application and MetaBit system in an innovative way, bringing decentralized finance, social media and e-commerce, as well as search, storage, metaverse, and other applications.

Metabit is dedicated to entering a new world of metaverse with you with the good intention of serving everyone. Its community governance emphasizes the concepts of equality, openness, and transparency, allowing the entire community to jointly own resources. Website: www.tometabit.com

Media contact: MetaMila

Email: [email protected]

Phone: +1 4373623036

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