Currently, it’s pretty complicated to keep on top of activities regarding business and it’s easy to get tangled in it. Here the developers offer a platform which can be of great help for those who want to have everything in order. Syndicate is all-in-one platform for business management. Initially it was based on Proof-of-Stake and Proof-of-Work protocols, however afterwards the team refused from PoW to make the system more energy efficient. Current PoS protocol provides security and transparency of transactions.
Syndicate platform aims to make businesses managed and structured through monitoring their inventory and resolving other issues. The system also keeps track of records and sales reports, which can be easily exported in different formats for financial accounting. On the same note, it’s a currency which strives to be well-known and widely accepted as Bitcoin.
The platform itself can suggest the following advantages: fast block confirmation time, which is 60 seconds only comparing with the 10-minutes Bitcoin, and at least 3 hours of stake age. Also, the team has developed their own wallet - Syndicate Core to store SYNX coins. The wallet is the dekstop one and is available to be used within Windows, Mac OS and Linux. This wallet is integrated with barcode, that allows businessmen to add products to inventory by scanning barcode. By the way, SYNX operates on a second-tier distributed network of Masternodes that offers a variety of multiple services such as community voting governance, self-funded financial system and immediate transactions. Thanks to the Masternodes Syndicate can also create Stealth Addresses and Encrypted Messaging which are absolutely safe and provide customers with the possibility to communicate and transfer coins to other users through the Internet staying incognito. All in all, Syndicate is going to be an advanced next-gen coin that promotes product management for businesses and their clients.