Shikoku is a digital asset released in 2021 by the Ethereum-based project, Shikoku. It is designed to provide users with access to an array of decentralized applications and services. The primary goal of Shikoku is to improve privacy, scalability, and interoperability for blockchain networks. This will be achieved through the use of sharding technology which allows users to store their data more securely and efficiently as well as allowing them greater control over who has access to it.
The token itself runs on Ethereum’s native ERC20 protocol and can be used for payments within the platform or exchanged into other cryptocurrencies such as Bitcoin or Ether. In addition, users are able to stake their tokens in order to earn rewards from validators that help secure the network. Staking also provides users with voting rights that allow them to influence decisions around development projects launched on the platform.
The team behind Shikoku consists of experienced professionals from various sectors including finance, cryptography, software engineering and marketing who aim at creating a secure infrastructure for distributed ledger technologies (DLT). Additionally they plan on using AI technology for KYC/AML compliance purposes so that businesses can accept payments without having direct contact with customers’ personal information.
Finally, Shikoku aims at providing developers full access capabilities when coding smart contracts by offering high performance speeds while ensuring security measures are met during transactions between users all over the world without having any fees associated from third parties intermediaries like banks or financial institutions .
