Ternio's mission is to accelerate the use of blockchain and cryptocurrency into everyday life.
Ternio created Lexicon, a high-speed blockchain framework capable exceeding 1 million transactions per second, all on a chain. Ternio is also the creator of the BlockCard a crypto debit card enabling cardholders to spend their cryptocurrency.
Lexicon (B2B) demonstrates how blockchain can make enterprise - better, faster, more efficient. BlockCard (B2C) gives cryptocurrency real utility in everyday life.
Ternio provides two working products. Lexicon caters to the enterprise business industry. BlockCard caters to general consumers.
BlockCard: Ternio has created the BlockCard™ - a physical debit card that enables cardholders to spend their cryptocurrency wherever credit cards are accepted. We are one of only 3 companies approved to do this in the United States. The card accepts BTC, ETH, and XLM with more currencies to follow in 2019.
Lexicon: Our highly scalable blockchain framework called Lexicon is independently verified at over 1 million transactions per second, all on a chain. We have signed partnerships or are in discussions with major ad agencies, telecoms, banks, as well as the US and Mexican government. Each industry use case is slightly different, but ultimately our framework is able to scale far beyond what these companies are able to do on their own.
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The initial issues that I had with the group were addressed directly. I appreciate them taking the time to do this. I am happy to provide my updated ratings to the group.
This rating's weight is reduced by 50% as there is no review added.
Ian KaneICO team member replied on 24 Apr 2018
Hi David - Thanks for reviewing Ternio! I'm curious why you rated Ternio's team and product a 4 out of 5? I emailed you a few times, but never heard back. I'm happy to provide more insight into our product and vision.
Founder and MD, Famous Publicity Ltd Rated on May 3, 2018
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This is a brilliant proposition. A great team, with digital advertising experience and a co-founder who's faced adversity and turned things around, making the world a better place.
The only thing clouding the vision is the resistance to this technology that will be felt by all of those in the ad industry who have been less than transparent with clients to date. Ternio is bringing light and transparency to an industry where some financially successful firms have used 'smoke and mirrors' to confuse their clients. This is a very difficult industry to change. My experience has shown that the power lies with the media buyers, not the creatives, and the media buyers will be worried about Ternio. Businesses that lie to clients will be found out. Media coverage in this space is difficult to achieve due to so much vested interest. Ternio will have the greatest impact on the media buyers.
The product is genius. Ternio has partnered with another highly respected firm who are highly supportive.
This initiative deserves much success. The team are great communicators, they are operating in a highly manipulative industry, and they are brave enough to put their heads above the parapets. I salute you !
Thank you for this thoughtful review! I truly appreciate when someone takes the time to understand why digital advertising needs Ternio and the positive impact our solution will have. I agree that there will be companies who are adverse to deploying blockchain as they currently thrive in the status quo. What I can say is that we have been very pleased with the number of big name companies who are eager to deploy Ternio’s solution to push for better transparency. Many of these companies we haven’t publicly shared yet as we are coordinating more formal press announcements, but in time this should provide more confidence in Ternio's overall vision.
Thank you again and if you have any questions or comments please don’t hesitate to contact me.
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