The Elrond network focuses on performance and usability

A Romanian blockchain company has entered into a partnership with Samsung giant. Elrond Token (ERD) has been integrated into the company’s blockchain ecosystem.

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1 A successful Romanian blockchain project

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Samsung users will have easy access to decentralized applications (dApps) built on the Elrond network, while Elrond will get direct exposure to Samsung’s global customer base. An ERD token is currently worth $ 0.002174.

The Romanian start-up plans to launch a consumer application that will soon be available in the Samsung app store.

A successful Romanian blockchain project

Elrond is focusing on the performance and usability of its blockchain network and announced that it is “ready to launch a Layer 1 solution that is 1,000 times better than existing blockchains.”

Elrond Network is the most advanced implementation of Adaptive State Sharding, one of the most advanced scalability solutions. Through Adaptive State Sharding, the Elrond network is able to deliver over 3,750 transactions per second.

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In addition, Elrond Network’s ability to deliver a blockchain in which anyone can run a node will ensure that tomorrow’s smart cities are able to seamlessly integrate human transactions and communication whenever needed. This is a network that can provide utility to both Internet of Things technology and the Internet of People.

The Elrond project is one of the most successful Romanian projects, managing to attract investments of 1.71 million euros since its launch.

Samsung’s blockchain wallet currently supports bitcoin (BTC), ether (ETH) and Aergo tokens, among others. It also added support for TRON to allow developers to build applications on the TRON blockchain. It also offers customers access to these applications through its blockchain smartphones.