LAS VEGAS, Jan. 6, 2025 /PRNewswire/ — Global blockchain leader Leadpoint System has been named as Innovation Awards Honoree in the Fintech category at CES 2025, showcasing the groundbreaking potential of its next-generation blockchain technologies.At the core of Leadpoint System’s achievement is Funet v2.0, a blockchain mainnet platform powered by world’s first randomized, non-competitive consensus algorithm. This technology maximizes energy efficiency and security, delivering uninterrupted block creation without forks, surpassing the limitations of traditional blockchain models.Continue Reading
Funet Revolutionizes Fintech Innovation at CES 2025 – Leadpoint System Gaining Global Recognition for Blockchain Mainnet Technology
Redefining Blockchain with a Randomized Non-Competitive Consensus AlgorithmFunet’s unique consensus algorithm addresses the challenges of Proof of Work (PoW) and Proof of Stake (PoS) models by implementing a randomized node selection process that guarantees fairness and true decentralization. This approach eliminates collusion among nodes and unnecessary energy consumption, offering unmatched performance with up to 15,000 Transactions Per Second (TPS) and a block generation speed of 16 blocks per second.The Funet mainnet is specifically designed for Security Token Offerings (STO), Central Bank Digital Currencies (CBDCs), and NFTs, providing seamless integration via RestAPI for issuance, distribution, and validation. Moreover, its advanced DID (Decentralized Identity) and de-identification technologies enhance data privacy and trust in data management.A Game-Changer for Fintech: Bridging Digital and Physical AssetsFunet v2.0 provides DID-based mainnet, and extends its capabilities beyond finance to government administration, public services, and diverse physical asset sectors, such as real estate, art, music, intellectual property, etc.. In collaboration with the Korea Securities Depository, Leadpoint System has successfully completed a blockchain-based STO pilot program, establishing a new benchmark for digital asset issuance and management.Additionally, Funet provides transparent transaction tracking, enabling asset managers to prevent errors and incorrect remittances while ensuring operational efficiency.Successful Blockchain Mainnet Use Cases: Leading Public Sector Achievements in South KoreaLeadpoint System has proven the excellence of its Funet mainnet through various public projects in South Korea. By managing over 1.5 billion annual records of medical, asset, and childcare data from the Ministry of Health and Welfare on a blockchain-based platform, Funet contributes to preventing duplicate payments while generating more than 10 million blocks each year.Additionally, Funet’s blockchain technology has been implemented across a diverse range of public initiatives, including the Ministry of Justice’s electronic notarization system enhancement project and its ICT r
