What is Tatum?

Modified on Wed, 20 Jul 2022 at 06:43 PM

Tatum is an open-source blockchain developer platform for many various blockchain protocols. See all supported blockchains.

Developers can leverage Tatum infrastructure, SDK, and powerful unified API to build blockchain apps quickly and easily. You don't need to worry about blockchain node configuration or maintenance, and you don't need to learn to code for individual blockchains. Tatum takes care of everything so you can build blockchain apps without hassle.

Sign up for a full-featured free plan to build your first app today!

Why Tatum?

Easy to Use - Building apps with Tatum requires no blockchain development experience. It simplifies complex blockchain operations into single API calls, unified across all supported blockchains. With Tatum SDKs, advanced developer tools, and an extensive suite of built-in features, you can build your first app in a couple of minutes.

Future Proof - Tatum allows you to switch between blockchains or integrate multiple blockchains into your apps with minimal changes to your code. If you need a different blockchain for your use case, you can switch over in minutes instead of rewriting the blockchain integration from scratch.

Scalable - Today, the Bitcoin blockchain can do around 7 transactions per second (tps), and the Ethereum blockchain can do around 15 tps globally. That's not much. Plus, you have to pay fees for each on-chain transaction. But in many cases, you don't need to have all the information on-chain.

To solve scalability issues, Tatum has created virtual accounts* that can settle transactions separately from the blockchain and synchronize periodically with any supported blockchain.

By leveraging virtual accounts, you can easily execute thousands of transactions per second with any blockchain, including Bitcoin or Ethereum. In the list of supported blockchains, you can see which ones are supported by Tatum's off-chain.

Virtual accounts

Tatum's virtual accounts support virtual currencies, FIAT currencies, and cryptocurrencies. They scan blockchain addresses for incoming transactions and automatically synchronize with the blockchain. Transactions between virtual accounts are instant, feeless, and are periodically synchronized with the blockchain, significantly increasing scalability and reducing blockchain transaction fees.

Compliance - Everything you do in Tatum goes through the built-in compliance engine. The compliance engine has four major features:

  • Global regulations
  • Local regulations
  • Accounting standards
  • Freezing digital assets

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