INTRODUCTION
A safe and clear group action may be a future dream for everybody. The community has ample understanding of the requirement for defense of private information, thanks to an oversized variety of cases that misuse personal information for crime and different things. And behind that, the community conjointly desires transparency to cause peace in every group action.
Smilo may be a hybrid blockchain platform that guarantees transparency whereas protective individual personal information. smilo grass uses a blockchain technology base wherever it will maintain the privacy {of every|of every} individual’s information whereas making certain full transparency of the organizations that move with each individual. smilo grass identifies the requirement for a hybrid blockchain platform. give this public entity with the correct tools.
Smilo puts devout service on each user, therefore it’s known as a hybrid blockchain platform with a conscience, this can be because:
Full options
Unique
Can facilitate hybrid transactions, hybrid sensible contracts and hybrid localized applications – with ‘hybrids’ that sit down with the general public and personal
SMILO blessings
Smilo uses The Byzantine Fault Tolerance and (BFT +) , BFT is that the same as Proof of Stake (PoS) quicker and a lot of economical, however each weren't good. the quality BFT and PoS mechanism isn't the safest agreement mechanism. For this, smilo grass has improved the quality BFT mechanism by making a singular smilo grass BFT + agreement mechanism. The mechanism is totally safe, measurable, fast, and property transactions. in order that with this smilo grass has several blessings including:
Transparent: Users will monitor transactions a lot of transparently, By mistreatment this technology
Anti Corruption: With transparency, it will minimize or perhaps eliminate acts of corruption in every group action
Sustainable: inexperienced blockchain platform via smilo grass BFT + protocol.
Privacy protection: Through sensible contracts and hybrid transactions
Secure: Smilo’s BFT + offers higher security than the previous mechanism.
Fast and Scalable: This platform are going to be one hundred times quicker than ethereum or different platforms
Affordable: smilo grass provides transactions with a far cheaper fee
USE OF PLATFORM
some samples of smilo grass platform usage cases are:
ELECTIONS
Smilo facilitates a secure and personal election or vote, ruling out post-election influence.
DONATION
Facilitate donations and guarantee anonymous donors that cash are going to be spent during a respectable manner.
MEDICAL RECORDS
Individual medical records ar in hand and managed by themselves and shared with medical establishments and insurance corporations for the asking.
ECONOMIC NETWORK
There will be 2 forms of tokens that move the network during this platform:
Smilo (symbol abbreviated: XSM): generated by the smilo grassdon block – the primary block of the blockchain, may be a illustration of the shares command by the user,
SmiloPay (symbol abbreviated: XSP): generated each block following the Smilodon block, may be a medium to buy the smilo grass network service and maintenance fees
By having smilo grass token holders have rights to receive dividends within the style of SmiloPay tokens.
Smilo
This token represents the user’s ability to influence the evolution of the smilo grass network. every smilo grass token is counted as sound, that the a lot of smilo grass tokens you have got, the a lot of influence you may get on the evolution of the smilo grass scheme.
Smilo token holders have the subsequent privileges:
Receiving SmiloPay
Voting for changes in network parameters
Change value} price of TX
Change the value of the implementation of a wise contract
Change value} price of implementing a wise contract
Each block of the smilo grass blockchain produces twenty SmiloPay tokens, which can be distributed among smilo grass holders. the amount of SmiloPay per block can decrease slowly, as a result of there ar solely two hundred million SmiloPay tokens,
SmiloPay
SmiloPay Tokens ar wont to buy smilo grass network services and maintenance fees. Used as a charge to register or modification assets. This charge can then be distributed proportionately to all or any smilo grass homeowners, which suggests that SmiloPay are going to be circulated through the system.
Initially, {there can|there'll} be no direct group action fees to use the network and every one token holders will receive a most quantity of SmiloPay per block. smilo grassPay Token are going to be generated with every new block created to the equivalent of the full variety of Smilo tokens in circulation, to two hundred million. every block will turn out twenty Smilopay, and this token are going to be distributed proportionately between smilo grass holders. And once the primary uncountable smilo grass blocks ar generated, SmiloPay prizes can decrease a touch. once the SmiloPay token stamp reaches two hundred million, the blocks can stop manufacturing SmiloPay tokens. this can be supposed to stay group action prices low to steer to a lot of smilo grass users, that successively results in a lot of registered assets and transactions, and therefore generates a lot of prices paid to the node. Having a smilo grass token is that the same as a lifespan membership for mistreatment the smilo grass network ‘free’
TOKEN data
Token: smilo grass
Platform: smilo grass
Type: smilo grass
Total supply: two hundred,000,000 XSM
Price in ICO: one smilo grass = zero.25 USD
Tokens for sale: eighty four,960,000
BONUS
PRE – SALE
Between 1/3 and five hundredth reckoning on the sale, investment quantity and also the vesting amount
USEFUL LINKS:
Website: https://smilo.io/
Twitter: https://twitter.com/SmiloPlatform
Facebook: https://www.facebook.com/SmiloPlatform/
Telegram: https://t.me/SmiloPlatform
Author
Asarab
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