Apollo Foundation Developing Post-Blockchain Infrastructure and Decentralized Internet
August 12, 2019 / Coinspeaker
Apollo Foundation is announcing Apollo 2020, the firm’s roadmap for a post-blockchain future. A key initiative is the development of DAG (directed acyclic graph), making Apollo one of the first cryptocurrency projects to build the decentralized, post-blockchain consensus technology. The foundation will develop: ARKnet, a decentralized application infrastructure; smart contract capabilities; a tokenization platform; Apollo Cloud, a decentralized cloud storage service; and national currency initiative in Africa, in partnership with ADF Group. Directed acyclic graph (DAG) functions as a network of interconnected branches that grows outward in several directions. Transactions can be confirmed in order of magnitude faster while remaining decentralized since each node confirms only the previous one.