CRYPTOKID: Protocol

Showing posts with label Protocol. Show all posts

Tuesday, March 5, 2019

PRODUCT PROTOCOL : A TOKENIZATION ENGINE

About Product Protocol

Today it is almost impossible to find the area where the cryptocurrency would not have reached. The popularity of cryptocurrency makes us think about ways and technologies that will ensure their accessibility for ordinary people.

The first thing to say is that the Product Protocol is an open source protocol for crowdfunding campaigns. This is primarily a crowdfunding campaign based on the tokenization of digital assets, integration with all business processes, fund management and financial operations.

Product Protocol is focused on creating a platform that allows an entrepreneur to token his assets and raise funds for scaling and development.

Product Protocol can expand and scale effectively without any boundaries. The universal token created on the plaquedform, which serves to tokenize any assets, allows you to quickly and conveniently create any asset. Accordingly, a decentralized market will allow people from all over the world to acquire it. In a word, the Product Protocol is a fast, unique and intelligent tokenization engine.

The Features

The Product Protocol Team provides application designers incorporated with square chain platforms, strong instruments that will provide standards for developing new applications and services. Open Product Protocol, universal review, this is a trading criterion for important data about the possibility of customized application resources.

This convention means to protect data ID by using the most enhanced cryptosystem. The Product Protocol is centered around application programs and empowers tokenization and the original resource board.

The item convention assumes several jobs. From one point of view, it is a facade facing the customer where the buyer can come to buy an item. Buyers can take advantage of tickers of superiority that can be traded for genuine resources in broad conditions. Regarding money-related resources, maybe just another bank or Internet stage, or a web-based business, trade, merchant, or insurance agent.

Product Appraisal Services: Administrative assessments to value and tokenize resources, collect first data on benefits, scientific data and resource tokens.
DAsset System: An outstanding framework that checks data about physical and advanced resources, Advanced framed holders. What’s more, there are associations with and from compartments to resources.
DAsset: Computerized compartments or circulated metadata bundles that negotiate everything that matters.

The Roadmap

Let's take a look at the Roadmap for the Product Protocol project. The roadmap points to the plans and goals of the project developers, both intermediate and major. The stages of financing and tasks for which it is directed are indicated. Acquainted with this card, we see what the company has already managed to do, at what stage is in the current moments and what are its plans for the future.

A high-quality roadmap will prompt investors when to expect an increase in the price of tokens.

The first stage of 2017 - Q2 / 2018:

Formation of ideas. Team building.

Second stage Q3 / 2018:

Private presentation for market leaders.
Marketing company

The third stage Q4 / 2018:

Creating a MVP.
Road show.
Private sale.
More than 10 companies have confirmed their integration with the platform.

Fourth Stage Q1 / 2019 - Q3 / 2019:

More than 20 companies will confirm their integration with the platform.
Public tokenail Token distribution.

The fifth stage is the second half of 2019:

Public launch platform.
Listing on exchanges.
More than 40 companies will confirm their integration with the platform.
Global expansion.

The Token (PPO)

The Product Protocol ecosystem will have its own PPO token. PPO Tokens are used to complement the full range of Product Protocol services. PPO is implemented on the public Ethereum blockchain as an ERC-20 compliant token. The total token supply is 100,000,000 tokens. The token will be distributed in the following manners:

1.65,000,000 PPO – ICO

2. 15,000,000 PPO – team and associates

3. 15,000,000 PPO – platform support

4. 5,000,000 PPO – marketing and advisors

Fund Allocation:

30% - marketing and first tokenized products

35% - development fund

10% - salary, legal services

10% - technological support

15% - team

The Team

The site of the Product Protocol project has information about team members with detailed background and contact information. In the composition there are participants who have already had successful projects in the field of blockchain.

Project contact information:
WEBSITE: https://pprotocol.io/en/
WHITEPAPER: https://d3ri2ictv4c1x9.cloudfront.net/PP_WP_e.pdf
FACEBOOK: https://pprotocol.io/
TWITTER: https://pprotocol.io/

TELEGRAM: https://pprotocol.io/

Author:

Bitcointalk username: binar234
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2053245
ETH Address: 0x573E9730fe386661F91D9189A0330ce577df0175

Monday, February 18, 2019

OATH: DISPUTE REVOLUTION PROTOCOL

ABOUT OATH PROTOCOL

OATH is a blockchain-based alternative dispute resolution protocol. It is an infrastructure layer between chains and dApps. By using a decentralized juror community with a complete new consensus mechanism, Proof of Common sense, OATH provides a robust, fair, transparent, and extensible dispute resolution protocol.

OATH serves as a blockchain governance system that provides an effective warranty for smart contracts. If one side is dissatisfied with an outcome, resulting in a dispute, there will be a decentralized third party with no conflict of interest to resolve the dispute.

The availability of a dispute resolution mechanism improves the reliability of smart contracts and provides a dependable protection mechanism for blockchain users. OATH acts as an insurance protocol for dApp users, protecting them from undesirable counterparty behavior. Once the OATH protocol is initiated, OATH jury community will vote on the verdict to resolve the dispute. OATH protocol will greatly improve users’ credibility and ensure that all contracts are guaranteed by an objective system and that, in case of a dispute, the parties have an unbiased, objective jury handling it.

OATH can also provide verification of real-world information, which is presently a big issue for blockchain. As a standard protocol, any dApp that utilizes OATH may request any kind of real-world information from our jury community, our jurors will provide information, and the rest of the jury community will vote to verify the information’s authenticity and accuracy.

HOW ADVANCE IS THE PROJECT?

The OATH report contains comprehensive data about the project, and therefore an electronic device provides an additional summary summarized. The team continues to develop its Intermediate page with in-depth updates and articles. it’s already undeniable ability to effectively attract partners and investors to the platform.

NEM is one of all their partners who will use the Oath Protocol because of the default dispute resolution protocol on the platform. At present, NEM is one of the twenty leading cryptocurrency measured by capitalization. Recognized monetary media stores such as Yahoo Finance and newsbtc.com issued many spectacular high-level press coverage of the Oath Protocol. The most valuable oath player is predicted to be launched at the end of 2018, ahead of schedule.

PRODUCT

From a technical perspective OATH provides extensions to existing smart contract programming languages and an infrastructure layer for decentralized applications. Developers will be able to integrate OATH as the platform that will resolve disputes in case that contract parties disagree.

The potential use cases of the OATH protocol include over the counter cryptocurrency trading, e-commerce dispute resolution, blockchain powered insurance solutions, liability determination for blockchain based rental agreements, content management for decentralized content platforms and social networks, determination of outcomes for oracle platforms and public blockchain governance.

CORE CONCEPT

Use of Smart Contract

Easy and reasonable contract tools can greatly reduce barriers to exploiting reasonable contracts. in addition, the OATH protocol will be engineered into a reasonable contract to protect user rights and assets.

Decentralization ≠ Anarchy

A decentralized system must be governed by a decentralized community. OATH provides a typical blockchain governance protocol by organizing a decentralized jury community, consisting of members with various backgrounds and fields of experience, to resolve disputes or arguments about the blockchain.

Consensus is A Real Law

While it is true that “code is law,” code will only die by principles programmed into the code, and cannot solve any problem outside of this parameter.

The consensus is that actual legislation is the result of agreement solely among all users able to break down all types of problems.

Communities

SHARED DApp users are given incentives to make healthy schemes. OATH invites users from completely different communities to not only provide governance for the dApp they support, but also for alternative ecosystems. In this way, we will grow a large community together.

OATH PROTOCOL ADVANTAGES

The protocol’s main advantages include:

Trust – all data is hashed on a blockchain.
Confidentiality – all jury members data of confidential.
Dynamicity – protocol will ensure that different jurors will be resolving multiple cases to avoid a collision and ensure the integrity.
Fairness – protocol will ensure random jurors selection based on a variety of factors as gender, background, age, etc. to have full objectivity.
Incentive – a mechanism to motivate jurors for participating and assign them credit.
Autonomy – parties mutually set rules that they would be bound by.
Transparency – jury votes are disclosed to the community after resolution.
Archive – protocol allows keeping all data in a structured irrecoverable way.

OATH TOKEN

The total token supply is: 10,000,000,000 ERC-20 tokens (OATH).

Token use is summarized below:

Engagement between participants/granting access to the platform
Internal currency

Tokens are earned as nodes, disputes resolution and community services.

Metric Tokens

Ticker: OATH

Token type: ERC20

Price of ICO Tokens: TBA

KYC : TBA

White list: YES TBA

Personal Cover Min / Max: NO

Token allocation

Total Token Supply: 10,000,000,000

Tokens for sale: 2,000,000,000 (20%)

OATH PROTOCOL TEAM

FOR MORE INFORMATION, YOU CAN CHECK HERE:

Website: https://oathprotocol.com

Facebook: https://www.facebook.com/oathprotocol

Twitter: https://twitter.com/OathProtocol

Medium: https://medium.com/@oathprotocol

Whitepaper: https://www.oathprotocol.com/files/OATH-Whitepaper-EN.pdf

AUTHOR:

Bitcointalk Username: binar234

Profile Link: https://bitcointalk.org/index.php?action=profile;u=2053245

Monday, November 19, 2018

QuickX Protocol: Quickest Cross Blockchain Transactions

The Blockchain Technology

Plenty of startups are now using blockchain for everything, from music sharing to global payments, from monitoring diamond sales to the legalized marijuana industry. This is why the technology has a vast potential. When it comes to digital transactions and assets, you can place anything on the blockchain.

Blockchain is basically a distributed database that keeps shared records. These records are blocks, and every block of encrypted code has a record of the block history before it. Each block includes time-stamped information on the transactions made down to the second. The effect is a chain of those blocks to get them together; hence, its name.

A blockchain has two major components: an immutable ledger that the network keeps, and a decentralized network verifying and facilitating transactions. Everyone with access to the network could see this shared transaction data, but there is no possibility that the records can be corrupted or hacked. This decentralized trust means there is no one organization that controls the data, be it a tech giant or a big financial institution.

Challenges of Blockchain

Blockchain technology has the potential to revolutionize the world the same way the internet did- maybe even better. Already, it’s proving its capabilities in areas like finance, identity management, governance, asset management and many more. Blockchain network features such as; transparency, immutability, security, cost-effectiveness, and trustlessness will forever change the way institutions and individuals operate.

Nonetheless, most real-world businesses have been slow to adopt this technology because of two major challenges currently associated with it.

1. Connectivity

In a conventional crypto world, each Blockchain has to create a complete ecosystem with its users, native currency and DApps. This has resulted in Blockchains operating in silos, which makes it difficult for the networks to communicate with each other. And without connectivity, direct transfer of assets between Blockchains is indeed an uphill task.

As you can rightly guess, this lack of interoperability is a big hindrance to the mass adoption of Blockchain technology.

2. Scalability

Leading Blockchain networks such as Ethereum and Bitcoin have trouble supporting massive transactions on their network. Network congestion here often results to slow transactions and an increase in transactions fees.

Therefore any emerging Blockchain network hoping to host users at a global capacity and meet the practical needs of businesses has to increase its blocktimes tremendously.

QuickX: The Revolution of Blockchain Transaction

QuickX is a novel protocol designed specifically to cure the many fatal flaws that plague blockchain and cryptocurrencies today. It performs transactions off the chain for same blockchain assets and utilizes pooling facilitators who supply liquidity for cross chain transfers of crypto assets. Through this, it accelerates the transaction speed greatly, dissolves the interoperability problem between different cryptocurrencies, relieves the transaction fees and also solves the issue of scalability.

No more prolonged waiting times; with QuickX, it is now possible for you to make instant transactions for all your blockchain assets.

QuickX intends to provide effective solutions to some of the critical problems with blockchain technology such as time, cost, scalability and cross transfer of blockchain assets while making cryptocurrencies suitable for mass adoption in day-to-day transactions and provide solutions to enterprises.

QuickX provides transfer of different cryptocurrencies between two parties instantly just like any other traditional electronic transfer mechanism. Thus allowing transactions to happen seamlessly and instantly without user having to pay a high network fees as it is taken care by the pooling facilitators in the network who facilitate the cross-chain transactions to take place instantly!

QuickX Features

QuickX is a platform that effectuates the transfer between users in a rapid manner and with low transaction fees. The platform also includes a multicurrency wallet, debit card, swap action, and payment gateway. With the various elements available through the Quick X protocol, users will be able to conduct transactions that replace their traditional banking system. Further, the platform represents a new and more powerful approach to transactions which users may be hard pressed to find elsewhere.

QuickX Benefits

There are numerous advantages related with Quick X. Here are the main favorable circumstances of this platform with the goal that users know what to anticipate:

Time And Speed

QuickX basic role is to give users more noteworthy levels of speed and a significantly shorter time allotment for transactions. As the brand explains, the transactions here can take a matter of seconds so users can satisfy their errand and proceed onward with their day without having to stress over the procedure.

Transaction Fees

QuickX platform allows users to lead their transactions at a low cost. Here, there are no intermediaries involved, which tend to drive up the cost. Here, users can lead their transactions without having to use up every last cent Further, because the transactions are quick, users are certainly getting the incentive also.

Versatility

QuickX platform offers a high level of versatility as well. This quality empowers users to lead the transactions that they have to without being hindered by constraints that can adversely obstruct their prosperity. As the brand explains, versatility is a typical issue and this platform means to address it great.

Obviously, there are numerous advantages related with the Quick X Blockchain. This is a powerful, viable, and solid platform that gives users the help that they require in conducting transactions.

QuickX Team

QuickX Token and ICO Details

QuickX tokens, QCX, is an Ethereum ERC-20 token. The QCX token can be used as the fuel for every transaction done using the QuickX platform, whether it is off-chain transactions within a blockchain, or cross-chain transactions using pooling facilitators .All transactions that take place on the QuickX platform need QCX to be paid as transaction facilitation fees.

In order to raise funds for the platform development, QuickX launches an Initial Coin Offering (ICO) According to the roadmap, https://www.quickx.io/roadmap, QuickX token sale will be held on Q3 2018. The estimated token price is about 1 ETH = 7500 QCX, and the overall token supply is 500,000,000 QCX. QuickX sets an initial hard cap of 34,700 ETH.