Blockchain technology has managed to revolutionize the way through which many businesses out there conduct their overall processes.
In other words, the decentralized design of cryptocurrencies and their underlying technology enables businesses to tap into markets they otherwise would not be able to, or transfer data seamlessly, quickly, and efficiently.
Horizen is one of those networks that are secure, interoperable, and supported by the largest and most decentralized, multi-tiered node infrastructure, which, if tapped into by businesses, can contribute to a tremendous improvement in overall business processes.
Let’s go over everything you need to know about Horizen and how it can improve businesses.
Key Points:
- Horizen is a blockchain network that specializes in privacy, and this specialization is what put it on the map as one of the most secure blockchain networks out there.
- ZEN is the native cryptocurrency token that is used to power the blockchain network.
- In order for it to function the way it does, it utilizes three types of nodes, which include Regular Full Nodes, Secure Nodes, and Super Nodes.
- If you are curious about connecting to a Horizen node so you can take advantage of the numerous business benefits that it offers, you can use the NOWNodes blockchain-as-a-service provider to connect instantly.
What is Horizen?
Horizen (ZEN) is a blockchain network that specializes in privacy, with its main goals being to solve the scalability, as well as the security issues found in other blockchain networks, whilst also being able to provide a solid level of privacy across its user-base.
To achieve these tasks, the network utilizes zero-knowledge proofs as a means of ensuring that the ZEN cryptocurrency is untraceable and unwatchable between the users that are looking for a network that can provide them with a high level of privacy.
However, what truly makes Horizen a unique network is the fact that it has a massive and geographically dispersed node network that is aimed at improving scalability, reliability, security, and speed.
There are three types of nodes found within the Horizen network that enable it to have the level of functionality that it has, and these include Regular Full Nodes, Secure Nodes, and Super Nodes. The ZEN network also provides a cutting-edge level of privacy through cryptography, the addition of the Treasury DAO, the tokenomics behind the project, as well as the BlockDAG and Side-Chain Protocol.
Now that you know a bit more about the Horizen blockchain network, we will be going over how your business can be improved through the usage of Horizen.
Improving Business with Horizen
The goal of companies that adopt blockchain technologies is typically tailored towards the outcome of reducing costs, increasing transparency and operational efficiencies, preserving data integrity, and discovering new business models.
As such, the most common enterprise blockchain use cases are in supply chain tracking, trading, digital certification, and trade finance, alongside any form of payments.
What this means is that most businesses in these industries produce large transaction volumes and, as such, are in need of a great and reliable system that can quickly but privately process transactions.
As a means of filling this role, the Horizen blockchain network has developed Blaze, which is essentially a Software development kit (SDK) that enables the deployment of ultra-fast as well as highly-scalable permissioned blockchain networks that have a massive throughput and can solve real-world challenges.
The result of this is the fact that they can create opportunities within industries, such as supply chain management, healthcare, gaming as well as financial services.
Blaze is a zero-knowledge-enabled SDK that is specifically created to enable developers to build high-speed blockchain systems with a massive throughput as well as a high level of security.
Due to the fact that Horizen is a zero-knowledge-enabled network of blockchain, it provides tool kits that enable developers to create highly customizable blockchains in accordance with the needs of a specific business.
This means that businesses can essentially leverage this technology to enable, for example:
- privacy enabled shipping networks
- gaming, non-fungible tokens (NFTs)
- gain instant settlements between banks whilst also preserving the privacy of on-chain trades
- gain efficient data sharing opportunities between stakeholders
To use ZEN, you will need to get access to the Horizen blockchain network.
If you are interested in connecting to a Horizen (ZEN) node in order to get the most out of this network, here is what you need to do.
- Step 1: Navigate to the official NOWNOdes website.
Navigate to the official NOWNodes website, enter your email address and click on the “GET FREE API KEY” button.
- Step 2: Connect to the Node
Visit the official documentation, where you will be able to find the commands through which you can connect to the node.
If you want to use the get block code for ZEN, you can enter this command:
- curl –location –request GET ‘https://zen.nownodes.io/api/v2/block/<block height|block hash>’ \
- –header ‘api-key: your_api_key’
Then you can tap into the network fully and get access to anything that you need.
Conclusion
Hopefully, now you have a heightened level of understanding about the Horizen blockchain network, as well as how it can benefit your specific business with its various improvements in different use-cases.
Remember that through the usage of NOWNodes, you can connect to a ZEN node at any point in time and tap into all of the data that you require from it.
GET ACCESS TO HORIZEN
