This section explains the technology behind AMS — blockchain. With the use of a public blockchain, there will be minimal downtime to the system as the system is maintained by the public. This section also includes explanations on future plans of adopting scaling solutions, which will enable the network to be more cost-efficient and faster.
ERC-20 PLATFORM
ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens with the Ethereum Virtual Machine (EVM).
PLASMA
Plasma solution is a side chain technology built upon the Ethereum Blockchain Instead of recording every transaction made by AMS on the root chain, transactions are done on the side chain first and periodically recorded on the main chain
RAIDEN NETWORK
The Raiden Network is an off-chain blockchain technology built upon the Ethereum infrastructure that uses a network of payment channels to net off transactions before recording it on the root blockchain. Raiden network helps reduces microtransaction costs and transaction time.
