ALZA CEO (Nate Zou) & CTO (Eric Li) chat with BlockchainBrad about a new solution to VISA using Blockchain. But how? Well, ALZA is a low-latency anonymous blockchain infrastructure for decentralized applications. Moreover, ALZA claims to be an Efficient Hybrid Decentralized Payment System. Alza states they are the FIRST platform to synergise onchain and offchain systems effectively. They have a STRONG tech team to lead the way. No it’s time to see what ALZA have to say!
Interviewees:
1. Nate Zou (CEO)
Background:
Product Lead at Intuit.
Product Lead of the Financial Service Platform at Fujitsu.
Product Line Manager at Barracuda Networks.
2. Eric Li (CTO)
Background:
Google Artificial Intelligence Project Lead.
Google Shopping AI Project Lead.
Founder of Google Blockchain Community(CBC).
Founder of Google Area 120 Entrepreneurship Gifter Project.
ASONAM Best Paper Winner at International Top Social Network Analysis and Mining Conference(ASONAM).
Features:
AOTP
Off-chain payment fields authorize an amount between nodes but the transaction item does not settle until a later time. This allows instant transactions processing within the fields and automatically reconcile across all participants.
PRIVACY
All transactions details will be encoded within payment fields before sync back to the supernode, which will prevent highly sensitive information (eg. PII data) leaked to the public.
SCALABILITY
Pushing the transaction process to the off-chain payment fields allows us to increase transaction volume by establishing more payment fields proportionally. Therefore, the decentralized network’s processing limit does not apply.
STORAGE-RAFI
RaFi (Redundant Array of Satellite Infrastructure) is a distributed self-replicating storage system that provides data storage for DApps deployed on ALZA blockchain.
source
When I see FUD hit a project that I think has potential (without the chance for that project to respond), the first thing I do is contact them to give them a chance to respond. I did exactly that when I went to the Google Headquarters in the Silicon Valley to interview them about those matters, but now it is time to see how ALZA stacks up as a project in a FULL AMA. It would be so great to know what you think of this project. Leave a comment below, thanks guys!