The meteoric rise of cryptocurrencies such as Bitcoin, brings a new vocabulary which includes blockchain; and in 2018 there will be a spotlight on scalability and problems with the current technology. Current technology yields only 7-10 transactions per second with Bitcoin and Ethereum while we view payment networks like VISA producing 45,000 transactions per second. Article after article speaks of stories about how it took investors 12-16 hours, or more, to purchase some of the existing cryptocurrencies; the blockchain has never seen so much activity and the need for faster transactions is needed. MVP Asia Pacific has designed a revolutionary blockchain technology called Ociter.
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