back Back

Apollo Fintech launches Apollo Smart Contract Engine as part of its Decentralized Web 3.0 initiative

By Edlyn Cardoza

December 29, 2021

  • Apollo Fintech
  • Apollo Smart Contract Engine
  • Ark Decentralized Cloud Storage
Share

Apollo Fintech, Apollo Smart Contract Engine, decentralized web 3.0, Smart Contracts, Hong KongApollo’s Smart Contract engine was launched as part of its vision to build a truly decentralized web 3.0. The framework utilized in the Apollo Smart Contract Engine was designed to make smart contracts accessible to anyone, even those not familiar with programming. It does this by allowing users to access instant pre-coded templates for specific use cases.

“With the release of the Apollo Smart Contract Engine, Apollo has become one of the fastest and easiest blockchains to use for complex tasks. Combined with Ark Decentralized Cloud Storage, the Apollo Smart Contract Engine facilitates the final piece to a truly decentralized web 3.0,” said Stephen McCullah– CEO of Apollo Fintech.

Starting out, users will utilize Apollo’s Wallet to access and implement instant smart contract templates without any coding experience. At launch, users will be able to use templates to create virtual machines, as well as functionalities such as balance access and transaction approval, burn contracts, buy and sell contracts, freeze and unfreeze contracts, global lock contracts, personal lock contracts, pre-minting, set transfer contracts, user rights contracts, and token escrow.

More easy-to-use templates will be added each month, and users can program their custom smart contracts at any time.

Apollo Smart Contract Engine will work alongside Ark Decentralized Cloud Storage technologies to facilitate a truly decentralized web 3.0 infrastructure capable of supporting data-heavy applications such as video streaming services, all with relative ease.

The core vision of Apollo Fintech is to design and develop solutions that far surpass what the FinTech industry currently offers and to combine those offerings into a single universal ecosystem. To maintain a significant lead in developing government, commercial and blockchain products by aggressive R&D, utilizing the most experienced and most innovative software engineers on Earth.

IBS Intelligence reported that blockchain company Apollo FinTech, designing and developing FinTech solutions for the Global Economy, has announced the launch of its new flagship crypto investment platform on its Stratus social media ecosystem.

Previous Article

December 29, 2021

Trifork joins as investor in the cyber protection company Promon

Read More
Next Article

December 29, 2021

Fawry broadens its platform for consumer finance offerings

Read More






IBSi Daily News Analysis

May 28, 2024

Apollo Fintech

Latin America becomes a hotbed for FinTech unicorns and tech innovation

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Are remote Indian regions leading the surge in AePS and UPI transactions?

Read More

May 29, 2024

Payment challenges impact every aspect of airline operations, study shows

Read More

May 28, 2024

UAE banks see strong start to 2024: credit outlay and deposits increase

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023