INTERVALUE: Building A Sustainable Blockchain 4.0

in #blockchain6 years ago (edited)

The blockchain technology can be describe as one of the most disruptive technology in the 21st century. It introduces digital currency (cryptocurrency) which create an avenue for us to make financial transactions freely and securely without the help of any financial organizations. The introduction of Bitcoin and other cryptocurrencies increases the interest of most persons and it also provide the leverage for us to embrace this technology.

The evolution started with blockchain 1.0. A more recent development and adoption in the cryptocurrency space leads to transformation of this technology from blockchain 1.0 to the new blockchain 4.0 proposes by Intervalue. Before the emergence of Intervalue blockchain 4.0, it can be seen that this technology was designed to enable cryptocurrencies transactions. During it early ages, transactions were fast, swift, low charge and secure.

Adoption and the rise of different cryptocurrency projects exposes the loopholes in this technology. Blockchain 1.0 lay the foundation for every other blockchain and it was designed to facilitate Bitcoin transactions, Blockchain 2.0, the Ethereum blockchain was design to help correct the loopholes (such as; high transaction cost, delay in confirmation, security attack and many more) in the former and blockchain 3.0 ranging from platforms like (EOS, IOTA, CARDANO) seems to utilize the blockchain applications in DAG data structure. Recently, different projects like HPB, SEELE and many others proposes blockchain 4.0 but none have been design to meet up to the requirements of an ideal Blockchain 4.0.

An Insight Into The Problem
As at late November/early December 2017 when the price of 1 Bitcoin was equivalent to $19,000. Users begin to experience multiple challenges. These challenges span for long as it was dis-satisfactory. I can still remember the huge transaction fee i had to pay for a transaction that took up to 5 days for confirmation. These were not just the only issues as security attack were widespread during this period.

All this and many more are the reasons why the cryptocurrency space need a platform like Intervalue. In this content i shall be describing Intervalue as a more sustainable Blockchain 4.0.

What is Intervalue?
This is a well structure Blockchain 4.0, the first in the world design to support over one million transactions per seconds (TPS). Intervalue is revolutionizing the cryptocurrency space to completely satisfy users with enhance Blockchain feature.

Intervalue is an all in one Blockchain as it will solve the existing Blockchain problems relating to scalability, high transaction fee, delay in confirmation, security threat, off chain/cross chain, high energy consumption, hash power, low application in real world and many more. As part of it development, Intervalue will improve on the blockchain technology and it infrastructures while developing Blockchain 4.0 in such a way that cyptocurrency users will be completely satisfied as well as big tech companies and organizations.

In bid to design the Blockchain 4.0 that will meet all the requirements, Intervalue will deploy all the amazing features of Blockchain 1.0, Blockchain 2.0, and Blockchain 3.0 to build a high definition technology that will completely disrupt every other existing Blockchains.

It has it own unique features which have different functions. Features like; HashNet Data Structure which help to increase storage capacity and provide additional storage security, HashNet and BA-VRF consensus, Anti-Quantum, Multi-chain fusion and cross chain communications, it also have General Industrial Support Enabled, Enhance Security Smart Contracts, Privacy Protection in Transaction and high value communication, as well as ecological incentive mechanism which help in rewarding Users in the ecosystem.

Applications Of Intervalue
To completely satisfy the Functions of the Blockchain 4.0, Intervalue will be applied in almost all areas as against the existing Blockchains.

  1. It will be applied in the Educational Sector in carrying out student credit, learning activities as well as file management and many more.
  2. It will help to enhance social and messaging systems in communications.
  3. It will be deploy in the sharing economy to help users in easy acquisitions, renting of cars, houses and hotels.
  4. In Medical Sector, it will help in perfecting digital cases, privacy protection and health managements.
  5. As the main aim of the first Blockchain 1.0 was to facilitate financial transactions, Intervalue Blockchain 4.0 will help in carrying out secure transactions of digital currency, mitigate risk, swift payments and many more.
  6. Others includes, the internet of things, charity organization, social administration, IP copyright, Entertainment and the list goes endless.

Advantages Of Intervalue Blockchain 4.0 Against Other Existing Blockchains

Token Economy
Token Symbol: INVE
Token Type: Utility
Token Token Supply: 10,000,000,000 INVE
To be launched on the Ethereum Blockchhain where ERC-20 compatible token will be issued and this can be converted into INVE token in the ratio of 1:1.


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Author's Details
Telegram Username: @capableuwa
Email Address: [email protected]

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