Insolar is a global technology company building public and private blockchain solutions on the Insolar Blockchain Platform, which is a reportedly secure, flexible, and scalable blockchain for business.
Insolar Blockchain Platform is a solution that streamlines interactions between companies. The platform’s key features, as described by the team, are unlimited scalability, security, simplified development, interoperability, user protection, and regulatory compliance.
The Insolar team consists of 70 people (of which 45 are engineers and researchers) in 5 countries, including the US and Switzerland. The team utilizes the knowledge of engineers and industry veterans to help organizations explore blockchain use cases and tackle technological, operational, and strategic risks.
We've been looking at Insolar (XNS) for while now and right now the chart is showing signals of a new low being in.
Notice in light blue the "support zone", above this level XNSBTC remains and we stay alert for the next jump.
Prices can easily hit the 0.786 Fib. extension short-term, but as the chart develops it can grow much more.
Insolar has always been strong when it starts to grow.
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