Syscoin is presented as a decentralized scalable blockchain for enterprise, a development platform, and an asset platform offering high throughput, scalability, and fast, easy token creation. The platform also offers low fees, and provides a unique form of cross-chain asset interoperability capable of interconnecting platforms without requiring intermediaries nor counterparties. Its interoperability is presently focused primarily on Ethereum, enabling ERC20s to utilize the microtransaction capabilities of Syscoin Platform which provides VISA-like transfers via Syscoin's Z-DAG (patent-pending), while granting Syscoin Platform Tokens (SPTs) access to Ethereum's smart contract functionality. Syscoin also features the security of Bitcoin merge mining which provides a high degree of double spend protection relative to other blockchains.
Syscoin Platform is an open source third generation decentralized blockchain and cryptocurrency which dates from its initial design in 2013, to its latest major release in June of 2019. Its purpose is to provide enterprises and organizations an ideal platform to benefit from blockchain and distributed ledger technology; specifically high security and availability, lower costs, low barrier to entry, as well as scalability and interoperability.