Areon Network is a decentralised blockchain that serves as a foundation for scalable, user-friendly applications across various industries. It is characterised by its unique architecture, built on the Proof of Area protocol, which is designed to achieve high transaction speeds and exceptional scalability. The Areon Network consists of several integral components that contribute to its overall functionality:
- Areon Chain: The backbone of the network, this EVM-compatible layer 1 blockchain integrates the Proof of Area consensus to manage and process transactions effectively.
- Hyperswap: A decentralised exchange (DEX) tool that allows users to trade digital assets seamlessly.
- AreonAI: An artificial intelligence component that significantly enhances functionality and user experience within the Areon ecosystem.
- AreonScan: A blockchain explorer that provides transparency and insights into transaction details and network activities.
- AreonWallet: A secure digital wallet that supports various features, including cryptocurrency swapping and cross-chain trading.
Through these components, Areon Network aims to establish a holistic digital ecosystem where businesses and individuals can thrive.