The Globo Protocol is a special consensus algorithm and data structure making it possible to work with microtransactions faster, fairer, and more secure compared to other Blockchains. For instance, it surpasses Ethereum and Bitcoin blockchains in the efficiency. This becomes possible due to two special techniques: the Random note about the Random note and Virtual Voting.
The Globo network can be used for linking devices with each other and allows them to exchange data. The devices inside the Globo Network will handle thousands hashing transactions per second locally and machines wouldn’t need to pay huge fees. Transfer ZERO GloboX with verified transactions from one machine to another without VPN as this payment/transactions system solves the issue. The SmartWeb Group and PayPal are working in collaboration to create tons of use cases to bring the billing process into the machine to machine communication.
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