Seele aims to create a fourth generation blockchain, which improves on the blockchain of bitcoin (1.0), Ethereum (2.0), and more advanced platforms such as EOS (3.0).

This new platform, which Seele has dubbed blockchain 4.0, is trying to deliver many benefits including fast confirmation time, blockchain interoperability, a new type of blockchain infrastructure that enables a variety of business uses, and new protocols that will enable value transfer between blockchains.

Problems and Solutions
Seele outlines some of the problems in her white book.

For starters, the document emphasizes the shortcomings of existing consensus algorithms, noting that none of them are established to provide scalability, security, and efficiency.

Furthermore, whitepapers emphasize that existing blockchain infrastructure (single chain, double chain, etc.) can do more to enable companies to provide specific business services.

The document also notes that blockchain networks are currently isolated, unable to communicate with each other and transfer values.

In response to all this, Seele offers several solutions. The whitepaper proposes the Nerve Consensus Algorithm, designed to reduce energy requirements, improve efficiency, and increase scalability.

The document also presents the Heterogenous Forest Network, an ecosystem that will consist of a meta chain and many sub-chains. With this infrastructure, users can operate individual sub-chains that can be utilized for business use such as individual projects.

Finally, to allow for transfer of values between different blockchains, whitepapers propose the creation of Value Transport Protocol, a set of rules that allow blockchain to identify the digital assets they want to send or receive.

Team
Seele's team is led by three people who all hold doctorates.

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Maolin Zheng, CEO, holds a Ph.D. in Operational Research from Rutgers University. After receiving this degree, he held a postdoctoral post in the Natural Sciences and Engineering Research Council of Canada (NSERC) for three years, before moving to senior scientist position in Frictionless Commerce, which was later purchased by the software giant SAP.

He then held the role of senior software manager in both Fair Isaac and FICO, before becoming chief scientist and CTO ID5. The last role he had before co-founding Seele was as the chief scientist of Zhicheng Creditease.

Nick Smith, COO, has a Ph.D. in Visual Sciences from City University London. He was an honorary researcher at Moorfields Eye Hospital in London, where he collected data from people with glaucoma and helped lead the research project.

He was also a researcher at City University London, and then he led data transformation at AbbVie, a US-based pharmaceutical company.

Wei Bi, chief scientist of Seele, holds a Ph.D. in the Optical Science / Physiology Vision of City University London. He served as a research assistant and postdoctoral researcher at the school.

Later, he served as CTO of Beijing Datong Blockchain Research Institute and chief scientist at Zhongsiboan Technology (Beijing) Ltd.

According to his LinkedIn profile, Bi has served as deputy secretary of China's Blockchain Innovation and Application Consortium since November 2016.

Token
Token, which trades under the SEELE ticker, will be used primarily for two purposes. For starters, users will receive a token when their node (s) contribute to consensus. Secondly, this token will be used to pay transaction fees for the system.

Token sales took place in early April, and 1 billion tokens were sold.

SEELE is then listed on HADAX (Huobi Autonomous Digital Asset Exchange). Admin Telegram confirmed that at the time of this writing, Seele was discussing with other exchanges about the possibility of including tokens.

Seele's goals seem very ambitious, as the company aims to create new consensus mechanisms, blockchain infrastructure, and even new protocols that will enable value transfer between blockchains.

If this goal materializes, it can create broad visibility and cause SEELE tokens to enjoy significant benefits.

However, the company has not even provided a clean test at the time of this writing. Seele plans to release a clean test in June, which will come out towards the end of the month, a Telegram admin confirmed.

Furthermore, the company has found some rocky areas, as investors lose more than $ 1.8 million when people pose as admin on the Seele telegram channel.

Bitcoin Market Journal analyst gave Seele ICO BMJ QuickScore 3.9, emphasizing PR and strong product of the project.

The risk is attached to the investment. If you are thinking of participating in any ICO, keep in mind that doing a thorough research is essential.

for more information please contact seele official website:

Website: https://seele.pro/#/index
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Author: wandy92
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