SohpiaTX (SPHTX)

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What is SophiaTX? SohpiaTX is a civil association created by Equidato Technologies AG and have aimed towards utilizing the security and trust of blockchain technology in order to expand possibilities delivered by enterprise applications.

Our Joke Name

SohpiaTX = Enterprise app

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (SPHTX)

Coin or Token

Circulating Supply (200 Million)

Total Supply (350 Million)

Block time (Under 60 seconds)

Market Cap Ranking

Review

What is SophiaTX? SohpiaTX is a civil association created by Equidato Technologies AG and have aimed towards utilizing the security and trust of blockchain technology in order to expand possibilities delivered by enterprise applications. The SophiaTX token has been created on the Ethereum network as an ERC20 token and offers developers and customers a platform for exchanging value.

Key Features

  • SophiaTX testing environment
  • Document exchange
  • Partnership
  • Competition

SophiaTX testing environment

SophiaTX has a private testing environment for developers, This allows developers to test and adjust their applications before deploying them for available purchase

Document exchange

While this is not an implemented feature in the current deployment of the SophiexTX testnet. The team have this in their scopes as a strong use case for their network. End to end document exchange in which both parties can trust that a document has been sent, received and seen has valuable implementations in the context of invoices, delivery notices and work orders.

Partnership

SophiaTX acquired a partnership with General Electric, This is huge for them. SophiaTX will be developing solutions for GE’s financial operations. General Electric is a multi billion dollar company which have chosen to invest their money and confidence into blockchain solutions.

Competition

SophiaTX is currently competing with a blockchain solution called Hyperledger. The two parties are still working on their product but currently the only major difference in play is application delivery. SophiaTX aim to be much more direct with application deployment.

Summary

SohpiaTX has a very large space to grow into, Already acquiring a partnership with General Electric, which is huge news for them and could really give them the spark they need. In such a highly competitive industry SophiaTX is very underrated and could see a huge future if everything goes well.

Pros

  • Partnership with General Electric
  • Secure
  • Growth

Cons

  • New token
  • No backing (asset, profits, commodity)