ForTube, formerly known as the Force Protocol, presents itself as a collection of distributed crypto-finance service protocols operating on an open-source blockchain. Its primary objective is to provide crypto-finance solutions to developers via its software development kit (SDK) and application programming interfaces (APIs) tailored for decentralized application (DApp) development.
The platform facilitates various services, including cross-platform asset transactions, cross-chain communication, crypto-asset-backed stablecoin insurance, token board insurance, and on-chain payments. The Force Protocol project is a decentralized protocol layer overseen by the Force Protocol Foundation Ltd.
In September 2020, ForTube introduced its decentralized finance (DeFi) service on the Binance Smart Chain (BSC).
ForTube boasts several benefits, such as adaptable support for widely used cryptocurrencies that yield higher returns, an enhanced algorithm and ledger design that significantly lowers gas fees, and a solid technical framework featuring more secure smart contracts.
Founders of ForTube
ForTube was initially created and is managed by the Force Protocol Foundation Ltd., which was established by Pete Mardell, who also serves as the company's CEO. Mardell is a graduate of Barnfield College, class of 2004.
