Protect Your Data Today With XSL Labs

in #xsllabs • 4 years ago

Introduction

The purpose of this white paper is to provide a comprehensive and global understanding of the XSL Labs’ project. This is not intended to replace the technical document that provides more details about the various technologies’ choices (consensus, encryption, etc.). The technical document will be made public in December 2020.

XSL Labs will be tasked with creating an ecosystem in which user data is protected to the maximum. All of the services offered in the ecosystem will be accessible with the SYL token, and the remuneration of the various members will be made through it.

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.



What is the Internet of Trust?

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.



Language Of The Document

  1. SYL : name of the native asset of the distributed ledger Pulsar (it will at first be available as an ERC20 token).
  2. XSL Labs : Organization that will be in charge of the development of Pulsar, One, Connect, etc., the distribution of the network, the adoption, the evaluation of candidate-projects for SYL and the equitable distribution of SYL.
  3. Pulsar : Distributed ledger with SYL as native asset.
  4. Secure Digital Identity : set of data managed exclusively by each user to permit digital identification.
  5. ONE : Central application of the SYL ecosystem, which brings together a large part of the services offered through its extensions.
  6. SYL Library : The dApp Store. It will also ensure the quality of the services and that they are GDPR compliant. All services offered on the SYL Library will use SDI as a trust mark.



XSL Labs 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.

  • 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 other 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.



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)



SYL 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

  • Start Of The ICO : 01/03/2020
  • Creation Of XSL Labs And Marketing Campaign : 02/03/2020 - 01/01/2021
  • Development Of Pulsar And Of SDI : 04/01/2021
  • End Of The ICO : 31/03/2021
  • Escrow Of 3 Billion SYL : 05/04/2021
  • Distribution Of SYL to Participants : 05/04/2021
  • Development Of ONE : 05/04/2021
  • Start Of Grants to Eligible Projects For The Pulsar Ecosystem : 01/08/2021



In Conclusion

Above all the SYL token will be a means of exchanging, purchasing services and executing Smart Contracts within the SYL ecosystem. The value of the asset will therefore depend on the number of services and their cost, the number of assets in circulation, the velocity within the ecosystem and the supply/demand in the speculative market..

It should be noted that even if XSL Labs disappears, the ecosystem will continue to develop autonomously and to operate perpetually, powered by the players of the network. This is possible because of the decentralization characteristic of the network, and its lack of need of a central and unique decision-maker. Through this "Tokenomics", we can understand that all the players in the ecosystem will have an impact on the asset’s price through their various services.



Keynotes

  • XSL Labs, through SDI, will protect the digital activity of users while improving their daily experience.
  • Pulsar will be a distributed ledger that will serve as the bedrock for SDI and the SYL ecosystem.
  • XSL Labs will be the ecosystem that will be responsible for the development of these projects.
  • ONE is a user-friendly distributed app running on Pulsar.
  • SDI will be a set of encrypted personal data that only the user can read



ACCURATE INFORMATION



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4 years ago in #xsllabs by
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