Santo Mining Corp. dba Santo Blockchain Labs (OTC PINK:SANP) builders of DNATags™, together with DNAX Manufacturers Inc (DNAX) will convert DNATags™ from Ethereum to the Cardano Goguen.
HO CHI MINH CITY, VIETNAM / ACCESSWIRE / February 8, 2021 / DNA Manufacturers Inc. (OTC PINK:DNAX) and Santo Mining Corp. dba Santo Blockchain Labs (OTC PINK:SANP) homeowners and builders of DNATags™, at this time pronounces that DNATags™ shall be changing its Ethereum Solidity-based Good Contract to the Cardano Goguen Good Contract. Santo Blockchain Labs has been growing and deploying Ethereum Solidity Good Contracts for over 4 years now, with expertise in ERC-20, ERC-721, ERC-1155 & ERC1450. The corporate has evaluated the long-term economics and know-how advantages and has decided to maneuver all its blockchain initiatives from an Ethereum to the Cardano Goguen. In contrast to Ethereum, Cardano makes use of a mechanism that handles the tokenization natively on the ledger as an alternative of by way of good contracts, making all tokens within the Cardano blockchain observe the identical logic and be inherently supported, as an alternative of requiring the creation of layers as is the case of ERC-20 and ERC-721 tokens. This may ensures scalability, efficiency, and reduces transaction prices; also referred to as GAS Charges within the Ethereum world which these days are terribly excessive and slowing down the transactions on the Ethereum community.
DNATags™ prime directive is the authentication of merchandise to make sure the buyer of its authenticity, there’s a secondary element that would be the coupon rewards module. Customers can have the flexibility to earn DNARewards™ native tokens as they scan merchandise to make sure their authenticity. These DNARewards™ will interexchange with different coupon rewards techniques or could be transformed to the native Cardano, ADA cryptocurrency.
Frank Yglesias of Santo Blockchain Labs, added, “We’re all in in the case of Cardano, I’ve been personally been following the work of the fellows at Cardano since 2016 and have nice admiration for Charles and his staff at IOHK. Cardano is the blockchain of the longer term and the longer term is right here.” moreover Adrian McKenzie, CEO of DNA Manufacturers, said, “We’re rolling out a branding, advertising, and revenue-generating roadmap to launch DNATags™ and DNARewards™, within the weeks to return we’ll make public this roadmap”
DNATags™ and DNARewards™
DNATags™ and DNARewards™ are owned and operated by DNA Manufacturers, Inc. and Santo Blockchain Labs. DNATags™ is a blockchain authentication answer for customers to examine the authenticity of the product on the identical time incomes rewards by way of DNARewards™. DNA Manufacturers is a Holding firm. Since March 2020, the corporate has engaged in Photo voltaic Digital Advertising and Gross sales and can now start advertising DNA Tags together with SANTO. SANTO is a software program improvement firm that focuses on the event of blockchain good digital contracts and IoT web of issues for on a regular basis life. The Firm additionally operates a web site at https://santopool.com (ADAPOOL Ticker: SANP) that gives cryptocurrency staking service to potential Cardano (ADA) holders. Although its 100% owned subsidiary; SAITEC Know-how & Improvement Joint Inventory Firm in Ho Chi Minh Metropolis, VietNam, the corporate leverages its extremely environment friendly software program engineers, VietNam is presently generally known as the Silicon Valley of South Asia.
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SOURCE: DNA Manufacturers Inc.
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