Bluzelle Ico Review: Decentralized Database Service for dApps

BitAeon.io

About Bluzelle

Bluzelle is a decentralized database service for dApps (Decentralized Applications). It is for dApp developers who are dissatisfied with the costs, limited scalability, and complexity of existing database systems. Bluzelle plays a pivotal role in the blockchain infrastructure that will help grow the decentralized Internet. Bluzelle takes blockchain principles and sharding and partitioning concepts to create an Airbnb like a marketplace for data storage and management. This is a crypto-economic network of powerful producers and consumers. Bluzelle was recently appointed by the World Economic Forum as a Technology Pioneer for 2017 and was named to the Global FinTech 100.

Basic Information

Token NameBLZ
Token raised19,500,000 USD
Social MediaBluzelle Ico Review: Decentralized Database Service for dApps
Token Price0.12 USD
PlatformEthereum
Token Sale500,000,000 BLZ
Restricted countriesNo restrictions
AcceptingETH
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

Token Distribution

40%

token sale

20%

Reserved

15%

Team

15%

Advisors
10%Developers

Economy

At the core of this New, Data Economy is the Bluzelle decentralized database that manages and stores data through sharding to achieve unprecedented security and scale. Alongside the database, Bluzelle offers a framework that supports private data control, data syndication and decentralized web infrastructure. Payments between all parties in the Bluzelle data ecosystem is done via BLZ, the Bluzelle cryptocurrency.

BLZ Token

Bluzelle network runs on Bluzelle tokens (BLZ), which storage suppliers earn in return for providing their resources. BLZ tokens were introduced during the Bluzelle ICO in 2018, which allowed the company to raise $19.5M to be used in the decentralized database development.

Private Data Control

Permissions system where your data is secured in our database and you choose who gets access and for how long.

Data Syndication

The system that allows consumers and businesses to curate their data and sell it through marketplaces with full control.

Decentralized Web Infrastructure

Allowing websites to be stored on a decentralized DB vs a traditional web server and achieving full security.

Open-Source Development

Bluzelle supports its open-source community and believes that to achieve a truly robust codebase, it needs to be accessible for viewing, scrutiny and suggested improvements by all like-minded developers worldwide.

Enhanced value proposition

Key partnerships have the potential to increase your business value in ways that take much longer on your own. Use Bluzelle to expand and open up new opportunities.

Network of Experts

As a leading decentralized database, Bluzelle partners with other key platforms worldwide to create a complete, end-to-end blockchain solution – ripe for your business to tap into.

Near-infinite scalability

With the number of connected devices exponentially increasing, Bluzelle automatically gains in potential capacity, as any connected device could apply to become a node in the Bluzelle network.

Highest performance

Built on top of swarming technologies, Bluzelle retrieves bits of data in parallel from the closest nodes to reduce latency and achieve the optimal speed.

Unprecedented safety

All the information in the database is replicated based on the concept of swarm computing. The nodes comprising the swarm are geographically dispersed, thus safe from any natural or human-caused disasters.

Near-infinite scalability

With the number of connected devices exponentially increasing, Bluzelle automatically gains in potential capacity, as any connected device could apply to become a node in the Bluzelle network.

DApp Developers

Tap into the real-world application of decentralized technology with unprecedentedly secure and scalable database to support your dApp with storage on demand.

Producers

Connect the free space on your drive to a completely decentralized database that rewards yours with BLZ tokens based on the amount and quality of storage you provide.

Blockchain Platforms

Add database storage to your list of decentralized services by partnering with Bluzelle. Enrich your value proposition, discover new opportunities and create an end-to-end blockchain solution.

Problem

Blockchain technologies are propelling the next genera_on of the Internet. Protocols like Ethereum are a platform for launching decentralized applica_ons (dApps) that will change the way products and services are consumed. These dApps will exchange massive amounts of data that need to be stored and managed. The problem is blockchains like Ethereum are not designed for data storage and management; doing so would take up too much space and take too much _me.

Solution

Just like decentralized services like Filecoin and Storj are needed for file storage & management; there is a need for data storage & management. Bluzelle is a decentralized database used by software developers to achieve unprecedented security and scale. Bluzelle fills a need and is complementary to the other components to make the decentralized Internet complete. Without these decentralized components, the decentralized Internet would not be able to run efficiently and scale to massive use.

Performance

Bluzelle’s unique and proprietary swarming techniques were designed for the highest performance. Bluzelle can reduce latency by retrieving data from the nearest nodes on the leaf swarm, and/or increase speed manyfold by retrieving data in parallel from the fastest nodes on the leaf swarm. This is like torrents and seeds. When data is requested, it is done in parallel where chunks (shards) are requested from all the different swarms that contain those shards, and these are all retrieved in parallel, resul_ng in desirable performance metrics.

Consumer

The consumer is the one who “consumes” the Bluzelle database services. These are the developers we target. Consumers are spending Bluzelle tokens so they can store and retrieve data. Addi_onally a user could get a credit of tokens if a producer failed to meet certain service levels.

Team
Member
Neeraj Murarka – CTO
Nitin Cunha – SENIOR DEVELOPER
Scott Burch – SENIOR DEVELOPER
Mehdi Abdeh – KOLAHCHI SENIOR DEVELOPER

Also Read – Click Here for Read All ICO Review

Quote This article is writing on 13 July 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: support@coinworldstory.com Or Whatsapp Us- +13098896258

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid much losing online.

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