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Fantom

What is Fantom?

Fantom is a blockchain platform that aims to provide fast, secure, and scalable infrastructure for decentralized applications and enterprise solutions. Launched in 2019, Fantom utilizes its Lachesis consensus mechanism and Opera Chain to enable near-instant transaction finality and support a wide range of use cases.

Key Features

  • Lachesis Protocol for Fast Finality
  • Opera Chain for Smart Contracts
  • Decentralized Applications (DApps)
  • Interoperability with Ethereum and Others
  • DeFi Ecosystem and Tokenization

Use Cases

Fantom is used for building and deploying DApps with fast and secure transactions, creating tokenized assets, participating in decentralized finance (DeFi) applications, enabling supply chain management, and exploring various enterprise-level blockchain solutions.

Visit their official website to learn more:
https://fantom.foundation/
Accounting Features Supported for
Fantom
Unrealized G/L & Impairment Calculation
Soon
Reconciliation & Sanity Checks
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QBO, Xero, Netsuite, etc.
Soon

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