What is Beecoin?
BeeCoin is a permissioned blockchain used in collaborative projects led by Technoplane SAS [FR]. It is covered by the Lesser Open Bee License 1.3, with Technoplane SAS as coordinator. One part of the blockchain is managed with open source information and part of the exchanges is managed with private information. Within this private information, there are two parts. One concerns several project participants and the other is managed solely by Technoplane SAS, which is the coordinator of the permissioned blockchain.
Distribution is carried out in accordance with the Lesser Open Bee License 1.3, with one part being open source and one part of the network managed with private information. As defined by the license, Technoplane acts as coordinator of the technical and financial project. Specific parameters can be adjusted to manage the network, according to legal and financial requirements.
Since the beginning of 2013, Bee Coin has been part of the cryptocurrency world as an early actor in the sector. It is a leader in permissioned blockchains. The blockchain has succeeded in reducing the computation needed for creation, with resource requirements being used only for transaction validation.