XSL LABS: THE INTERNET OF TRUST

shamimal93 (29)in #xsl • 3 years ago

Hi guys, Welcome back to my New Topic. Now I'm writing a review to introduce a very decent project. Antd it's XSL LABS , so for that, consider the article I created below to give you an overview of this project and how it is going to be. provide a very good and attractive news for everyone.

What is XSL LABS:

XSL Labs is the decentralization of the network and the interoperability of all the services offered within the SYL ecosystem. XSL Labs will give priority access to Cortex by allowing interoperability with this extension on the majority of dApps in the SYL ecosystem. Gathering data while preserving the anonymity of users will become possible and simple. Each user will be able to monetize data concerning his life and his mode of consumption without this action implying a reduction of the level of confidentiality. Cortex will bring together any actor in the digital economy but also in the local economy that wishes to participate in the aggregation of its customer data. The extension will allow users to be paid for the use of their personal data. The data will consist of the data in the user's SDI as well as the results of an in-depth questionnaire on consumption habits and the composition of the household. From then on, the user will be able to begin the process of partnering with brands by being regularly informed of opportunities based on his lifestyle and consumption habits. The user will determine the maximum threshold for marketing canvassing per month himself in order to have absolute control over his frequency of commercial communications.

XSL Labs is committed to deploying a new tool that will allow digital identity to be tamper-proof and decentralized. Through an ecosystem offering alternative services and its interoperability, Secure Digital Identity will integrate perfectly with all the solutions of an increasingly connected Web 3.0. The issue of data gathering and privacy protection is omnipresent. Removing the means of data gathering in order to disarm malicious actors is unfortunately not an option, as Shoshanna Zub off, Harvard Business School’s emeritus professor of sociology, suggests in her book "The era of surveillance capitalism. To adapt is necessary to allow the user to be protected while indulging the benefits of data streams in our globalized world. We need to move from a strong asymmetry of benefits between individuals and business to symmetry of benefits derived from data gathering. This will be the Internet of Trust.

What is internet of trust?

To adapt is necessary to allow the user to be protected while indulging the benefits of data streams in our globalized world. We need to move from a strong asymmetry of benefits between individuals and business, to symmetry of benefits derived from data gathering. This will be the Internet of Trust.

Ecosystem Of XSL LABS:

XSL Labs will offer a decentralized identifier called SDI, a distributed DApp store called SYL Library, and a DApp allowing the interoperability between the ecosystem’s services called ONE. They will work as a single tool to make the user experience easier and more enjoyable.

Pulsar: Pulsar will be the distributed ledger that serves as the bedrock for the decentralized identifier and the entire ecosystem of dApps and DApp extensions.
SDI: SDI will be a set of encrypted personal data that only the user can read. It will be used in the SYL ecosystem and will be interoperable with another web 3.0 systems.
SYL Library: SYL Library will be a dApps and DApp extensions’ store. It will ensure the quality of the services and that they comply with the GDPR. All of the services offered on SYL Library will use the SDI as a guarantee of trust.

One: ONE will be a distributed app that will enable the management of the SDI, the management of the SYL wallet, the integration of services from the ecosystem and the control of interactions with other users.
SMART CONTRACTS:

A distributed system8 will deploy smart contracts directly to Pulsar to enable escrow and the implementation of software that captures data from oracles 9. Smart contracts will play an important role in building a network of trust. Smart contracts will offer different types of services based on the Internet of Trust with utilities such as:

• Give users the right to decide who can send those tokens and who cannot

• Define multiple users for the execution of a transaction on a shared account

• Define daily, weekly, or monthly payment limits

• Create an SDI without or with KYC10

• Set distributed apps on the network

TOKEN SALE:

Token & Sale
SYL tokens will be the means of exchanging, purchasing services, and executing Smart Contracts in the SYL ecosystem. Consequently, the value of assets will depend on the amount of services and their costs, the number of assets in circulation, the speed in the ecosystem, and the supply / demand in speculative markets.

It will be necessary for the creation of SDI, to execute the Smart Contract, and will be usable in the ecosystem to access the various services that will be provided in the SYL Library.

CURRENT PERIOD : $ 0.002 per SYL (3 000 000 000 available at this price)
NEXT STAGE : SYL 0.003 dollars (3 000 000 000 available at this price)

TOKENOMICS:

XSL Labs issues a token called "SYL". This token is the native asset of the entire XSL Labs ecosystem. It is a token of type ERC-20 which can be traded by the user. At launch, SYL will only have a maximum supply of 10,000,000,000 and cannot be created again. Later this token will have a function as "fuel" that will support the operations of XSL Labs.

ROADMAP:

A good project, with a clear road map with experienced and successful team. This is a very good project and its team is working very hard on this project so that this project is going to give us a very good profit.

CONCLUTION:

This is possible due to the decentralized nature of the network and the absence of a single central decision maker. Through “Tokenomics”, we can understand that all players in the ecosystem will have an impact on the price of an asset through their various services. Data security is no longer a new issue, but it is definitely the best project you can take part in

USEFUL LINKS:

Website: https://www.xsl-labs.io/
Whitepaper: https://www.xsl-labs.io/en/
Telegram: https://t.me/xsl_labs_official
Twitter: https://twitter.com/XSL_Labs
Facebook: https://www.facebook.com/XSL.Labs/

AUTHOR:

Forum Username: CaCO3
Forum Account Link: https://bitcointalk.org/index.php?action=profile;u=2884658
Telegram Username: @Morinhon
ETH Address: 0x50eebe8175b40d0f581e2f7b740b7476ef9aaa00