The Xystus project is based on blockchain underlying technology, dedicated to solving the funding chain issues in the entertainment industry at large. It offers complete confidentiality while still utilizing a public blockchain to maintain a decentralized network. The purpose of Xystus is to enable secure off-chain transactions. Essentially, it employs a hash time lock smart contract mechanism to facilitate secure zero-confirmation transactions. By setting up clever smart contracts, all transactions conducted on the Xystus network are made impregnable.
