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This eliminates the below challenges from PoW and believed to have an advantage.

No need of expensive hardware (a normal laptop or computer running the respective coin’s Validator client will do as long as your laptop or computer is online)

Energy efficient as it won’t consume high electricity as PoW does More loyal Validators As higher the stake the Validators have for a long time, more chances for the Validator to be picked up for “forging” and earn the transaction fee Faster validations

A search engine that allows users to easily lookup, confirm and validate transactions that have taken place on the Ethereum Blockchain

Non-fungible means unique. ERC is acronym of Ethereum Request for Comments. A standard allows for the implementation of a standard API for creating non-fungible tokens. To whom not familiar, ethereum, when launched during ICO, is using ERC-20 which ethereum coin can be broken down into smaller portion such as 0.000001. As you know, in coin, we don’t differentiate it by serial number. Government only uses “serial number” to track the note and not on coin. Hence, there is no way to distinguish or trace your coin and my coin. This behavior is same in Ethereum coin. Startup has found a way to use ERC-721 to create a unique and traceable coin in ethereum blockchain technology. This is a break through in blockchain technology.

Composer Modeling Language is an object-oriented modeling language that defines the domain model for a business network definition. The modeling language is saved as a .cto file.