What IsFast Access Blockchain (FAB)?

Fast Access Blockchain (FAB) is a blockchain application platform that aims at solving problems preventing the mass adoption of blockchain technology. FAB is a high-performance blockchain platform that is decentralized and easy to use, scalable and reliable at the same time. FAB seeks to solve the problems caused by the legacy blockchains of high fees and low transaction throughput letting people develop their ideas without worrying about the complexities, high costs, and congestion.

FAB’s main blockchain is already live. FAB works on a proof-of-work consensus mechanism allowing users to become miners and validate the transactions on the network. FAB infrastructure helps developers build smart decentralized applications (dApps) for any industry. Various other features of the FAB platform are as follows;

• Scalable – FAB is a scalable solution that can process millions of transactions per second and easily settle quick payments and data transfers.

• Interoperability- Interoperability is a blockchain network's ability to exchange data or digital assets between different blockchains. FAB is an interoperable solution that enables the exchange of data and digital assets on other blockchains with faster validation of transactions.

• Accessible – FAB has a development layer that lets developers seamlessly develop various decentralized applications (dApps) on the network with quick and easy onboarding facilities.

• Public Blockchain – FAB is a public blockchain network that gives equal access to everyone to join the network and participate freely as nodes.

• Smart Contracts – The FAB blockchain network works on smart contracts that are automated, enabling the reconciliation of transactions in an open and decentralized ecosystem.

• Unified framework – FAB uses a unified framework where a user needs to have only one crypto wallet for all applications.

FAB Coin is the native coin of the FAB blockchain platform.

History of Fast Access Blockchain (FAB)

Paul Liu is the founder of Fast Access Blockchain. Paul is a chief blockchain specialist. The maximum supply of FAB is two hundred million coins.