Introducing temtum the purpose built cryptocurrency

temtum, the next
generation payments network designed to solve inherent problems with existing
cryptocurrencies

2019, London, UK – Following the
completion of its Temporal Blockchain and mainnet solution, temtum (TEM) will
see the next generation cryptocurrency deliver feeless, instant transactions,
backed by a highly scalable, sustainable and quantum secure network.

As leading cryptocurrencies
such as Bitcoin, Tron and Ether scramble to develop second layer technology,
temtum has been created as a solution to all existing limitations. Using the
latest in cryptography and custom designed for mainstream payment adoption,
temtum represents a step-change for the industry and a genuine alternative to
traditional fiat currency.

Running on a combination of Temporal Blockchain and temtum’s own innovative, patented Consensus Algorithm – of which have been successfully built, deployed and 3rd party security tested – the temtum cryptocurrency (TEM) can be easily integrated into existing payment infrastructures and applications via their developed and released API.

The temtum network surpasses even market leading technology, including the likes of VISA, Bitcoin and Nano. temtum is currently delivering sustained, provable transaction speeds of 1800 tps on a live network across hours, days and weeks, with block times of just 12 seconds – prior to the release of their sharding and delegation technology. The first currency to utilise a quantum source of randomness, temtum is quantum secure and future proofed against the growing threat of quantum computing. Through its patented technology, temtum can run its entire network on a fraction of the energy required to power Bitcoin.

temtum was founded
in 2014 by Dragon Infosec CTO Richard Dennis, the world’s youngest cryptography
lecturer, and current CISO Dr Gareth Owenson – both world renowned
cryptographers in their own right. With a team boasting more than 25 years of
cryptography experience, multiple Silicon Valley C-Suite executives and holding
the only blockchain PhD worldwide.

Five years of
research, 12 peer reviewed published papers and four years of blockchain
development has led to the creation of the Temporal Blockchain, the perfect
platform for the temtum network.the ground-breaking temtum is not only
environmentally friendly but is a technology that has already surpassed the
industries latest next layer technology.

Founder and CEO, Richard Dennis MSc, said: “Bitcoin will always have value
and the first mover advantage but it’s not fit for purpose.  We’ve seen Bitcoin and many other leading
currencies fail to deliver on the promises and expectations. The ambition and
ideas are there but with limitations including outdated cryptography,
cryptocurrencies have not yet become a utilised payments solution. We’ve
purpose built temtum as a network to solve these inherent limitations in speed,
security, scalability and sustainability, and completed our network ready for
launch.’’

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**ENDS**

More information can be found on the temtum website https://temtum.com, the Introducing temtum blog & in the temtum white paper

For any
additional details, or if you would like to speak with Richard Dennis please
email press@temtum.com or call 0207 100 0850.

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