XRT is the decentralized peer to peer ERC20 compatible token created by XRT Foundation which W works in food industry. It seeks to improve the digitalisation of Crypto currencies in field of food sector. XRT is the first cryptocurrency which has come with such different concept.
XRT Foundation intends to enhance the performance of transactions and applied application through the Ethereum smart contract, using enhanced ways in providing real applications and lifetime payments through the hashing algorithm for encryption/decryption to provide more secured transactions, lowering the transactions fees, and allowing users to fully depend on XRT Coins to do their real business in a safe and secured manner.
XRT Coins are designed through Ethereum Smart Contract which is a secured decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship, or third-party interference. Ethereum allows developers to program their own smart contracts. It supports a broader set of computational instructions.
Ethereum Smart contracts are able to: Function as 'multi-signature' accounts, so that funds are spentonly when a required percentage of people agree. Manage agreements between users, say, if one buys insurance from another one.Provide utility to other contracts. Store information about an application, such as domain, registration information or membership records.