Features
Transparent
All the information that is uploaded to the blockchain is public, visible and completely auditable.
Reliable
Thanks to a robust and decentralized model, BFA ensures a resilient environment that guarantees the security of the information.
Without intermediaries
The security and transparency of the network are guaranteed without the need of third parties. The information stored in the chain is secure by nature.
No cryptocurrency
Thanks to the way it is structured, BFA does not need a virtual currency to take advantage of the blockchain's benefits.
Lightweight
BFA implements a model that enables a low cost in both processing and energy consumption.
Free transactions
Unlike other blockchains, in BFA no cryptocurrency is needed to send transactions to the blockchain.
Applications
Blockchain is a technology that has shown great advantages in the optimization of different types of processes, services and applications in the most diverse sectors.
- Product traceability
- Public records
- Digital economy
- Cybersecurity
- Tenders
- Finance
- Certifications
- Contracts
- Digital identity