From the birth of Internet in the 1960s, it took more than 30 years to be commercialized. The Blockchain technology has developed from the start of Bitcoin in 2009, but Blockchain technical-performance still need improvement and be standardized in order to be commercialized. Just as the Dot-Com Bubble of the early 2000s, many IT companies attempted to fuse with many transitional Blockchain technology to create Blockchain businesses. Likewise, Internet businesses cannot grow without the Internet technology, and Blockchain-based business market will be difficult to establish until the development of Blockchain technology.
Grabity is committed to becoming the standard protocol with the priority of developing public Blockchain. Grabity will build a truly decentralized network optimized for P2P communication for commercializing simultaneous transaction processing and distributed storage technology through Genesis Hoisting and Defrag Function technology.