“Bitcoin will always have value but it’s not fit for purpose”

Following the completion of its Temporal Blockchain mainnet solution, temtum (TEM) will see the next stage cryptocurrency deliver feeless, instant transactions, backed by its highly scalable and quantum secure network.

As leading cryptocurrencies such as Bitcoin scramble to develop second layer technology, temtum has been created as a solution to existing limitations. Using the latest cryptography and custom designed for mainstream payment adoption, temtum represents a step-change for the industry and a genuine alternative to traditional fiat currency.

Running on a combination of Temporal Blockchain and temtum’s own innovative, patented Consensus Algorithm – of which have been successfully built, deployed and 3rd party security tested – the temtum coin (TEM) can be easily integrated in to existing payment infrastructures and applications via their developed and released API.

The temtum network surpasses even market leading technology, including the likes of VISA, Bitcoin and Nano. temtum is currently delivering sustained, provable transaction speeds of 1800 tps across hours, days and weeks and with block times of just 12 seconds. The first currency to utilise a quantum source of randomness, temtum is quantum secure. Through its patented technology, temtum can run its entire network on a fraction of the energy required to power Bitcoin.

temtum was founded in 2014 by Dragon Infosec CTO Richard Dennis, the world’s youngest cryptography lecturer, and current CISO Dr Gareth Owenson – both world renowned cryptographers in their own right. With a team boasting more than 25 years of cryptography experience, multiple Silicon Valley C-Suite executives and holding the only blockchain PhD worldwide.

Five years of research, 12 peer reviewed published papers and four years of blockchain development has led to the creation of the Temporal Blockchain, the perfect platform for the temtum network.the ground-breaking temtum is not only environmentally friendly but is a technology that has already surpassed the industries latest next layer technology.

Founder and Senior Cryptography Advisor, Richard Dennis MSc, said: “We’ve seen the likes of Bitcoin fail to deliver on the promises and expectations created. The ambition and ideas are there but with limitations including outdated cryptography, they have not yet become a utilised payments solution. We’ve created temtum as a network to solve these inherent limitations in speed, security and scalability, and completed our network development ready for launch. Bitcoin will always have value but it’s not fit for purpose.’’