Getting your Trinity Audio player ready...
|
When Rohan Sharan founded Timechain Labs, his aim was to showcase the power of BSV blockchain (BSV) in India. The company has grown since then, and its latest product, Neucron, offers blockchain apps unmatched portability.
Initially, Sharan and his team focused on helping other developers build applications on BSV. However, “we found a gap in the market as there wasn’t a solution that we required to develop all the custom smart contracts we needed with the representation of fiat currencies on the blockchain, without needing crypto,” he explained to CoinGeek Backstage on the sidelines of GITEX Global Dubai.
This led to the birth of Neucron, a blockchain-as-a-service (BaaS) API suite that can “be used to build any custom blockchain solution.”
In addition to the API, Neucron comes with an extension that can be integrated directly into a browser. This allows users to authorize smart contracts directly, while developers can integrate payment channels and nLocktime transactions. Neucron also offers complete custom management of UTXOs in the wallet.
The vision is for a platform that supports money and data seamlessly, allowing users to own their data as Satoshi Nakamoto envisioned for Bitcoin.
“Essentially, it gives us portability,” Sharan said.
Once developers integrate their apps with Neucron, they become interoperable. Timechain plans to launch an interoperable app store with connectivity between all the apps.
At GITEX in Dubai, Sharan showcased some of his company’s products, which he believes are ideally suited for the Middle East. One is Neucron Pay, which unlocks all payments on the BSV blockchain, including conditional and escrow payments. Sharan noted that the product may not have as big a market in his native India as the UPI instant payments system, which has become ubiquitous in the country.
“But the rest of the world still needs a payment system, which can be solved with the BSV blockchain,” he added.
Watch: India is going to be the frontrunner in digitalization