Convex
Category
Startup Innovator
Vertical
Banking, Blockchain / DLT, Money Transfers and FX, Other, Payments
Location
Woking
Convex has developed global DLT that has been validated for performance by the EU. The Convex Virtual Machine (CVM) runs on the public network with sub-second finality and scalable to tens of thousands transactions per second. Transactions are virtually free. It is ideal for a multitude of financial applications that need to maintain immutable ledgers across multiple companies in multiple countries. Smart contracts execute value exchange transactions that follow all regulatory requirements. In particular, it transacts with stablecoins and any other digital currencies – perfect for high volume retail payments.
Convex outperforms every other public blockchain. It is not technically a blockchain, but unique Lattice and CRDT technology. Interoperability with other DLTs can be provides by the EU funded TokEngine server.



