TBen Limited Advances ShowPlus Chain with Global Partnerships
TBen Limited, an innovative IT firm located in the British Virgin Islands (BVI), is making waves in the blockchain world with its ShowPlus Chain. Currently in the final stages of development, this next-generation platform is slated for an official launch in the fourth quarter of 2025. The ShowPlus Chain is not just a blockchain; it's envisioned as the backbone of the ShowPlus Ecosystem, which will cover numerous sectors, including entertainment, finance, commerce, and more.
Unmatched Technical Performance
One of the standout features of ShowPlus Chain is its ability to handle over 200,000 transactions per second (TPS). This impressive rate positions it significantly ahead of existing blockchain technologies, as it is estimated to be at least 100 times faster than many competitors on the market today. To achieve this, TBen has employed scalable sharding techniques to efficiently share the network's load. They have also developed a proprietary virtual machine (VM) aimed at optimizing smart contract operations.
Sebastian, TBen's Chief Technology Officer, has expressed confidence in the platform’s approach: "We aim to uphold the principle of decentralization while providing a tailored blockchain solution that businesses can easily adopt. By offering low transaction fees and protocols customized for specific industries, we plan to carve out a niche in the crowded blockchain environment."
Strategic Global Collaborations
In a move to bolster the ShowPlus Chain’s capabilities, TBen has entered partnerships with several leading blockchain initiatives including Avalanche, Polkadot, and Zilliqa. These collaborations are pivotal for creating solutions for cross-chain compatibility. In addition, TBen has teamed up with MetaMask, significantly enhancing wallet integration for users around the globe.
Further extending its reach, TBen has established strategic alliances with key Asian companies, such as ShinLee Corporation in South Korea and Rishare Group in Singapore. As part of these partnerships, ShinLee intends to transition its existing platforms in entertainment and commerce to the ShowPlus Chain, thereby fostering a more integrated ecosystem that encompasses various sectors including finance and lifestyle services. This collaboration will facilitate a seamless user experience with a unified identification system across all ShinLee services.
Successful Funding Campaigns
TBen has effectively attracted significant interest from top-tier venture capital firms during its Series A funding round, recognizing the potential of ShowPlus Chain’s innovative technology. The capital raised will be utilized to finalize the mainnet's development and broaden the expanding ecosystem.
Thiam, the CEO of TBen, stated, "This investment underscores the global validation of ShowPlus Chain’s technological capabilities and aspirations. With the arrival of the SHOW mainnet in Q4 2025, we anticipate altering the dynamics within the blockchain industry."
Expanding the Ecosystem
ShowPlus Chain is aiming to be more than just another blockchain solution. It plans to act as a central hub for its ecosystem, bridging diverse industries:
- - Entertainment: Facilitating NFT-based digital content ownership.
- - Commerce: Establishing transparent supply chain management protocols.
- - Finance: Offering decentralized financial (DeFi) solutions.
Additionally, TBen is pioneering the ShowPlus AI initiative, combining artificial intelligence with blockchain technology to create transparent verification and reward systems for generative AI models.
Roadmap to Mainnet Launch
TBen is currently operating a testnet ahead of the anticipated launch of the ‘SHOW’ mainnet and has initiated a range of incentive programs to gain developer engagement. Leading up to the mainnet launch, they plan to host a comprehensive hackathon starting in June, aimed at nurturing innovative decentralized applications (DApps) within the ShowPlus ecosystem.
Moreover, TBen is collaborating with renowned universities and research institutions to cultivate blockchain talent, thus enhancing the global expertise surrounding the ShowPlus Chain.