# Introduction

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Alterium is an advanced Layer 2 blockchain solution designed to address the common challenges faced by traditional blockchain technology. It serves as a scalable, fast, secure, and cost-effective platform that enhances blockchain's practicality for various industries.

By leveraging advanced Layer 2 protocols, Alterium brings a new wave of efficiency to the blockchain, alleviating issues like slow transaction speeds, high fees, and scalability concerns that often hinder the utilization of blockchain technology in real-world applications.
