FUTU is a next-generation large-scale data application aggregation public blockchain, dedicated to storing and preserving effective large datasets, building a decentralized, modular, and scalable decentralized storage network.
FUTU was initiated in 2018, developed based on the IPFS (distributed storage) internet base protocol, and its testnet went live in Q4 of 2020. By the end of 2020, the public blockchain had launched a block explorer, a decentralized wallet, open-source code, and asset mapping. The public chain underwent a comprehensive expansion upgrade in July 2021.
The features of this public chain include:
1. Smart contract functionality
2. Data chain Polkadot relay parallel chain governance
3. DeFi & Flash Loans (decentralized finance and decentralized lending protocols)
4. GDPR compliance with the EUs strictest privacy protection regulations
5. Distributed dataset framework Sup