The SYS coin, also known as Syscoin, is a digital currency aimed at combining the advantages of blockchain and e-commerce. Syscoin was established in 2014, providing an integrated platform to enable businesses and developers to create and exchange digital assets in secure and efficient ways.
Here are some key features of the SYS coin:
1. **E-commerce**: Syscoin aims to facilitate e-commerce by providing a platform that allows users to create online stores and exchange products and services using the digital currency SYS.
2. **Smart Contracts**: Syscoin supports smart contracts, enabling developers to build decentralized applications (dApps) on the network.
3. **Identity Verification**: Syscoin provides identity verification solutions, which help enhance security and trust in commercial transactions.
4. **Speed and Low Costs**: Syscoin seeks to provide fast transactions at lower costs compared to traditional systems, making it attractive to merchants and users.
5. **Compatibility with Other Blockchains**: Syscoin allows interaction with other blockchain networks, enhancing the system's flexibility and enabling users to benefit from multiple advantages.