SMILO - The latest generation hybrid blockchain platform

donaa (6)in #bitcoin • 6 years ago

Hallo ... If you are interested in joining the SMILO project or you are interested in joining the SMILO project, it is a good idea to read reviews that can help you get information that might help you in viewing their mission vision during the SMILO project.

ABOUT SMILO

The Smilo platform was born from a spark of inspiration in June of 2017, when the founders of Smilo noticed some blockchain-based platforms were created with privacy and anonymity in mind, but none of these platforms could provide users with smart contracts and decentralised applications.

Smilo is a unique blockchain platform which supports the combination of hybrid transactions, hybrid smart contracts, and hybrid decentralised applications — with ‘hybrid’ referring to both public and private. Smilo’s intent is to use blockchain technology to create an alternative protocol for decentralised applications.

Smilo’s unique strength stems from its combination of several features. The best affordances of the Smilo platform are the hybrid transactions, -smart contracts, and -decentralised applications. No other platform has yet to combine these features. A combination of these features is very useful in many different scenarios, examples of which are explored further below.

Smilo’s intent is to use the blockchain to create an alternative protocol for decentralised applications. Smilo’s unique strength derives from the combination of multiple features:

Hybrid smart contracts
Hybrid decentralised applications
Hybrid transactions
Transparency
Privacy and anonymity
Connection to real life applications

THE HYBRID BLOCKCHAIN PLATFORM WITH A CONSCIENCE:

HYBRID
Smilo facilitates hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private.

SUSTAINABLE
Smilo is an eco-friendly blockchain platform through our advanced Smilo BFT+ protocol.

SCALABLE & FAST
Over 100 times faster than Ethereum and other platforms by our unique Smilo Network protocol and Smilo BFT+ consensus.

DECENTRALISED
Fully decentralized and open network

AFFORDABLE
Smilo transactions require a fragment of other transaction fees.

ETHEREUM COMPATIBLE
100% Solidity and web3.js compatibility, allowing easy and fast adoption.

Smilo is a unique full-featured hybrid blockchain platform that will be able to facilitate hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private. As such, Smilo will safeguard the privacy of any individual's data whilst warranting full transparency from the organisations that these individuals interact with.

Smilo is based on the unique and self-made Smilo BFT+ consensus protocol. This consensus algorithm combined with the exclusive Smilo Network Protocol (SNP) ensures secure, scalable, quick, and sustainable transactions. Considering these features, we call Smilo our hybrid blockchain platform with a conscience.

WHY SMILO?

ndividuals have become the moral gatekeepers in society, demanding sustainable products and services, while privacy, transparency, and security need to be guaranteed.

Due to this societal shift towards accountability and transparency, businesses, governments, and institutes are directed to transition to a more sustainable state.

In light of these developments, we identified the need for a hybrid blockchain platform. A platform that provides these public entities with the right tools to reaffirm their relationship with its stakeholders, warranting transparency whilst protecting the individual’s personal data.

This is where Smilo comes into play! Smilo will safeguard the privacy of any individual's data whilst warranting full transparency from the organisations that these individuals interact with.

MISSION

Our mission is to create an environment that aligns the consumer’s need for privacy and security with the processes of governments, NGOs, financial institutions and corporations by providing full accountability and transparency whilst safeguarding the mentioned consumer needs. All in a decentralised, safe, fast and sustainable way. We will be sharing all this in open code so future blockchains, organisations and its applications can apply this to their specific needs.

VISION

Our vision is to facilitate a culture of transparency by making collective data publicly available irreversibly, whilst protecting individual data. This will make most middleman redundant and significantly limit the chance of corruption, whilst simultaneously acknowledging the need to safeguard an individual’s data. This combination of public and private transaction on the same platform based on the BFT protocol defines Smilo as a hybrid blockchain platform with a conscience.

USE CASES

ELECTIONS
Elections or referenda will be facilitated through secure and private voting, ruling out any post-election influence.

DONATIONS
Donations will be facilitated through a private smart contract construction which ensures the anonymous donor that the money will be spent in an honorable way.

MEDICAL RECORDS
Medical records will be owned and managed by individuals and shared with medical institutions and insurance companies upon request.

PUBLIC TENDERS
Public tenders where the RFP’s are being listed anonymously but also definitely and irreversible to avoid adjustments after the assignment has been granted.

TOKEN DISTRIBUTION