Powerful new features for solving challenges
Money
Centralized financial systems are opaque, with security dependent on intermediaries and databases. This means that nobody will know what’s going on until after a system has been hacked.
Security
Kyns is a permissioned, permission-less blockchain where each component and actor has an identity, and policies define access control and governance. This topic provides an overview of the Kyns security model and includes links to additional information.
Governance
An Intelligent contract can implement the governance rules for any type of business object, so that they can be automatically enforced when the contract is executed
Endorsement
Associated with every Intelligent contract is an endorsement policy that applies to all of the Intelligent contract defined within it. An endorsement policy is very important; it indicates which organizations in a blockchain network must sign a transaction generated by a given Intelligent contract in order for that transaction to be declared valid.
Block
Ordering service nodes order transactions into blocks and then distribute blocks to connected peers for validation and commit. Ordering service nodes have an identity of their own, and are managed by an administrator of an organization.
Channels
Kyns allows an organization to simultaneously participate in multiple, separate blockchain networks via channels. By joining multiple channels, an organization can participate in a so-called network of networks. Channels provide an efficient sharing of infrastructure while maintaining data and communications privacy. They are independent enough to help organizations separate their work traffic with different counterparties, but integrated enough to allow them to coordinate independent activities when necessary.
