How Does the PREO Blockchain Work for Used Software?
First, several encrypted hash values are generated for the purchase information and stored in a specially developed sidechain. Next, all the transactions are linked together. This solution has two advantages:
- There is no dependency on any particular blockchain,
- and the procedure is exemplary in terms of data protection laws and regulations.
The information is written in two blockchains. The very functional Metaverse blockchain has the advantage that the mining (writing to the Blockchain) is done in very short intervals.
The Bitcoin blockchain is the most used public blockchain solution worldwide, which ensures data integrity. With our solution, the transfer to the Bitcoin blockchain takes place once a week.