Kadena Makes World’s First Cryptocurrency Based Gas Station

Kadena is a company involved with blockchain technology. The compers any offers the blockchain products/applications in a simple and uncomplicated manner. Its smart contract feature is user-friendly and wallet applications can be easily operated. Kadena also provides the Chainweaver platform, which helps developers to come out with new blockchain products that can be applied to real-world conditions. Recently the company has announced an add-on of a new feature that by using public blockchain it has implemented the world’s first-ever cryptocurrency gas station.

One of the biggest obstacles for the adoption of decentralized applications is the complexity of the procedure involved in downloading and activating the app. When users need to pay for service/product he or she needs to first download the wallet and then purchase cryptocurrency from an exchange.

To lower the complexity, Kadena has come up with solutions for gas stations. Through multi-signature and capability-based security, a gas station account will be used to pay the cost involved in getting the customer on board on a particular decentralized application. This procedure will minimize the complexity level of the interaction and make the customer experience pleasant and encouraging.

As of now, the company is experimenting with the project if it becomes successful, it has the potential to make a decentralized application more easy and user-friendly to operate, especially for first-time users. Currently, two types of gas stations are up for the use and review of the community – Gas Guard (within threshold limits) and Gas Payer (approved accounts only).