TreeBlock will Merge Data with the Sharded Blockchain Protocol

bonanza-kreep (66)in #blockchain • 6 years ago

The network of Internet connected objects or the Internet of Things (IoT) has indicated the potential to greatly influence national economies. Moreover, IoT represents one of the most significant technologies to be applied in the field of blockchain solutions since connected devices are on the rise. There is thus a need to introduce a reliable environment that comprises algorithmic constructs to collect and store data from connected devices, providing utility to the users and developers.

https://treeblock.io

In this light, TreeBlock addresses the needs of integrated solution with the sharded blockchain protocol designed to build decentralized applications and facilitate blockchain transactions. With the TreeBlock solution developers can explore ways to make it easier to create applications using blockchain services in such a way, that all devices can be accommodated in a single blockchain-driven system. This apparently will extend the scope of TreeBlock implementation since data management underlines almost every market segment.

Technology behind the solution

A major approach to scalability shortcomings of current blockchains proposed by TreeBlock is to implement a hybrid architecture that combines time hierarchy and time sharding. The core idea behind the solution is to improve system scalability while distributing transactions across different nodes with respect to services they are used for.

Family Enterprise Solution
FES integrates social networking, family banking including wallet and card, as well as necessary tools for commerce and trading. Based on the decentralized security model, FES will allow its users to conduct payments and exchange operations, order products and services, run their own social channels including all the possibilities to connect advertisements for promotional reasons,. Moreover, each member within the network will be able to share news with other users while building family relationships, organizing group reminders, growing communities, etc.

In this system, each mobile device will be operated as a single node in such a way, that they will form different blocks to merge into the decentralized system. With the primarily focus on the family assets management, each block in the system will be identified as belonging to certain family. The option of community building, however, will allow the system to broaden its scope while allowing its users to build social groups.

https://treeblock.io

ICO Details

Closing date of the public main sale to be announced on the homepage of the project.

First and foremost, TreeBlock is obviously in an advantageous position to implement its solution, at least because of the fact that it is formed as a part of the framework for what can be called the investing network. In this context, TreeBlock relies both on technologies and tokenized economy. It therefore integrates payment and trading tools, as well as allows its users to communicate and share their experience. The introduction of the FES obviously narrows the focus on trusted relationships and secure communication. With regard to the project's description, we would recommend the team to provide more information for investors,in particular focusing on use cases and advantages of the system. A well-structured WhitePaper would also give an enhanced profile of the company as well as highlight the activity and interests for its stakeholders.