{"id":1434,"date":"2022-09-27T15:18:33","date_gmt":"2022-09-27T15:18:33","guid":{"rendered":"https:\/\/indexb.io\/software-solutions\/bfungible\/"},"modified":"2023-09-23T10:22:28","modified_gmt":"2023-09-23T10:22:28","slug":"bfungible","status":"publish","type":"page","link":"https:\/\/indexb.io\/en\/software-solutions\/bfungible\/","title":{"rendered":"bfungible"},"content":{"rendered":"

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SOLUTIONS – bfungible<\/i><\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div>

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bfungible<\/strong> is a platform developed by Bcademy that enables the creation of fungible and non-fungible tokens (NFT)<\/strong><\/h1><\/div><\/div><\/div>

bfungible<\/i><\/u> makes minting<\/i> extremely simple and secure, avoiding interactions with smart contracts<\/i> and providing the only double confirmation<\/i> on the market, via notarization on Bitcoin’s Blockchain.<\/p>\n

The minting process is straightforward and returns the desired result following a few simple configuration steps. Another advantage of bfungible <\/i>over many competitors is the ability to choose the degree of privacy of attachments: visible and\/or publicly viewable or not.<\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div>

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The technology behind bfungible <\/i>is the Liquid network<\/b>, which provides the closest possible proximity to Bitcoin, as both the value and the nature of Liquid’s native coin blockchain (LBTC) are linked to those of BTC<\/h2><\/div><\/div><\/div><\/div><\/div>

Each of the alternative solutions showed positives and negatives<\/b>, such as the extremely high costs of Ethereum, the centralization of the Binance Smart Chain, and the poor security of other networks with little use or experimental consensus mechanisms. Liquid, a federated network built by Blockstream<\/b> and participated in by major players in the industry<\/b> including Bcademy itself, is currently the best trade-off for issuing assets already centralized upstream (utility and security tokens, NFTs)<\/b>.<\/p>\n<\/div><\/div><\/div>

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