XSL Labs Ecosystem ~ Review

in #xsllabs4 years ago

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About XSL Labs

XSL Labs project have the real use-case platforms which is the best thing of this project. The platform is the most useful part of this project which push XSL to a new height. The company is actively developing and will be able to help hold new promising tournaments, startups receive both financial support and even more users without traditional centralized restrictions! My opinion about the XSL Labs this will be the best in the crypto industry. The project is very promising for solution today and in the future.

XSL Labs will ensure the decentralization of the network and the interoperability of all the services offered within the SYL ecosystem. XSL Labs will develop a series of decentralized apps that will use SYL on the DLT Pulsar. These distributed apps and app extensions, including ONE, CONNECT, CORTEX and many others, will be developed in its future premises. XSL Labs will be responsible to develop an ecosystem around the Internet of Trust. It will have all
the funds related to the Initial Coin Offering to ensure the development of Pulsar and its
components including distributed SDIs, distributed apps and distributed app extensions.

XSL Labs will also be in charge of promoting the ecosystem and creating all the conditions necessary for its mass adoption. It will have 30% of the total amount of SYL (3,000,000,000 SYL if 7,000,000,000 are distributed during the ICO) as well as 100% of the funds invested under the ICO.

  • A maximum of 60,000,000 SYL will be released from escrow each month
  • The first cycle will last 50 months.
  • Each month, not distributed SYL will be placed in a new cycle.
  • The number of distributed SYL is divided by two at the end of each cycle.

Internet of Trust

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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 Shoshana Zuboff, 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 a symmetry of benefits derived from data gathering. This will be the Internet of Trust.

Documents

  • SYL: name of the native asset of the distributed ledger Pulsar.
  • XSL Labs: organization that will be in charge of the development of Pulsar, One, Connect, etc.,
  • Pulsar: distributed ledger with SYL as native asset.
  • Secure Digital Identity : set of data managed exclusively by each user to permit digital identification.
  • ONE: central application of the SYL ecosystem, which brings together a large part of the services offered through its extensions.
  • SYL Library: the dApp Store. It will also ensure the quality of the services and that they are GDPR compliant.

The ecosystem

XSL Labs will offer a decentralized identifier called SDI, a distributed dApp store called SYL Library, and an 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.

SYL

SYL is a utility asset, native to the Pulsar distributed ledger, designed to carry value.
It will initially exist on the Ethereum network in the form of an ERC-2013 type token in order to be exchangeable between users upon completion of the ICO.

The SYL will be created and designed to allow:

  • Transfer of value
  • The purchase of services
  • The execution of Smart Contracts
  • Network protection against spam
  • Reward for validators

Secure Digital Identity (SDI)

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SDI is a collection of encrypted user data. This distributed digital identity can be deciphered with a personal and confidential cryptographic key that only the user holds. The user nevertheless remains the only to be able to feed data to his SDI. The management of this associated external data will generate notifications in ONE at the user level, who can access the data and decide whether or not to integrate it in his SDI.

Each piece of data will be distributed in a peer-to-peer network after being subject to encryption as well as being distributed by hash table (DHT).

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The SDI will be carried out in accordance to the laws in force within the European Union in order to meet regulatory requirements.

History of rights

  • Have a complete overview of all rights granted
  • Possess the power to revoke a right when a contract is not in progress.

Smart Contract

The SDI is generated by a Smart Contract, which will adapt to the different needs of the user and to European regulations without generating a new SDI each time it is modified. This Smart Contract will regulate the creation and modification of the personal data as well as the access rights granted by the user. Its distributed nature as well as its automation make SDI a digital identity that is fully under the control of its user.

Experience

The user experience will be simple and straightforward.

  • The user installs the SYL library on his device from the official XSL Labs website.
  • The users find the ONE dapp in the SYL library. He install ONE on his device.
  • The user creates his SDI in the ONE dapp. He can now access the various services in the SYL library.
  • The user installs and connect in his device. it os integrated directly in to ONE.
  • The user can now link connect to his ONE account in complete security and have access to the services offered by the connect.

Token Distribution

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  • Total Supply : 10,000,000,000
  • Development : 3,000,000,000
  • Distribution : 7,000,000,000

Roadmap

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Conclusion

The aim of XSL Labs is to create a development and innovation hub within the European Union. With the General Data Protection Regulation adopted by the European Parliament on April 27th 2016, the EU expressed its intention to protect the data of its citizens, which makes the EU a welcoming land to the development of the SYL ecosystem.

I really like the line concept of their device inside, true professional, friendly staff and most importantly the idea with a promising future. This is one of my locale's preferred project and I think it has incredible potential for the future. so set aside the effort to comprehend the extend and contribute it at this moment.
@XSL_Labs #XSLLabs #XSL #SYL #Sylare

For More Info Visit :
Website Link : https://www.xsl-labs.io/
Telegram Channel : https://t.me/xsl_labs_official
Twitter : https://twitter.com/XSL_Labs
Facebook : https://www.facebook.com/XSL.Labs/
Bounty Thread : https://bitcointalk.org/index.php?topic=5286866
Ann Thread : https://bitcointalk.org/index.php?topic=5287198
Overview Video :

Author :
My Bitcointalk Username: Kalpesh2872
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2707027
Eth Address: 0xc1fB832B00920C8e8E1C7B7E69888B4Ef87fFC6c

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