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While the block chain ecosystem has evolved a lot in the past few years, however, widespread adoption of existing public block chain systems is facing multiple challenges.Ethereum, the widely used general-purpose block chain can process less than 20 transactions per second on the core chain (Visa network processes around 45,000 transactions per second. This limitation, coupled with the popularity of the network, leads to higher cost, and long confirmation times. Low throughput, high prices, and high latency all make Ethereum unsuitable to run scalable services.An Indian startup FESS - 'Future of Electronic Settlement System' is trying to provide the solution to the scalability issue, but the FESS tokens also offer true versatility when it comes to utility. FESS is the first project in the crypto space introducing Proof-of-Proof mechanism based on the familiar Proof of Work (PoW) consensus, combining with artificial intelligence and basic features of sharding.The data in the fess' ...

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