SLP - Exchange Platform for Bonus Points
Introduction
Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, the project I am going to present you is the SLP Network, a decentralized platform for loyalty programs dedicated to wallets with loyalty tokens and a targeted marketing engine, based on an exchange of bonus points based on the block chain.
Definition
As I said before, SLP Network (https://slp.network/) is a decentralized platform based on blockchain technology bonus point exchange for loyalty programs. For this reason, it is dedicated to loyalty wallets and to a specific marketing engine.
Making it a more attractive, meaningful and rewarding experience for both companies and clients, the SLP Platform aims to solve the main inefficiencies in the current methods of operations and processing of loyalty programs.
Goals, functions and strategies
The main objective of SLP Network is to create and implement a decentralized infrastructure for loyalty programs in which users of SLP tokens, loyal customers and companies coexist in a shared blocking platform. Its objective is to maintain a consumer ecosystem in which customer data, SLP tokens, transactions and triggers of loyalty programs flow between entities through blockchain technology.
The key is that the platform wants to achieve this by preserving the privacy and integrity of the company's data while maintaining decentralized processing procedures. Transactions of loyalty tokens outside the exchange of loyalty tokens will be encrypted using FHE algorithms. All transactions related to the partners will be encrypted with a unique private key for each loyalty purse. When a transaction is sent by the user of the loyalty wallet or by the owner of the loyalty token, the witnesses will use the homomorphic qualities of the encryption protocol to verify the validity of the transaction.
Benefits
- Distributed processing of business-specific loyalty models
- Operational flexibility through the use of the SLP loyalty intelligent contract structure
- Transparent loyalty operations for the client
- Market and data flow CRM secure and reliable for the exchange of loyalty tokens between companies
Roadmap
| - | 2018 |
|---|---|
| Q1 | SLP got confirmed interest from leading global and national retail businesses, restaurants and airlines |
| Q2 | SLP to conduct the Token Launch |
| Q3 | Development of the SLP Platform |
| Q4 | Development of the SLP SDK for businesses |
| 2019 | and beyond |
|---|---|
| Q1 | Development of consumer apps and interfaces |
| Q2 | Launch of the SLP Platform |
| >>> | Expansion and growth of the ecosystem to other markets and geographies |
Advisors
Partners
Airdrop
The project gives the opportunity to earn SLP tokens performing some social media tasks and doing simple steps from the bounty program explained into bitcointalk. Here (https://bitcointalk.org/index.php?topic=3537027.0) you can access to the link in order to see what are the conditions to become an early SLP contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://slp.network/public/whitepaper.pdf). You can also stay tuned in their official Telegram group (https://t.me/slpnetwork). I hope you liked the post and soon I'll send you new ones.
Extra details
Token: SLP
Platform: Ethereum
Type: ERC-20
Price in ICO: 1 SLP = 0.01 USD
Tokens for sale: 2,400,000,000
Other links
Author details