A safe and transparent transaction is a future dream for everyone. The community has sufficient understanding of the need for protection of personal data, due to a large number of cases that misuse personal data for crime and other things. And behind that, the community also needs transparency to cause peace in each transaction.
Smilo is a hybrid blockchain platform that guarantees transparency while protecting individual personal data. Smilo uses a blockchain technology base where it can maintain the privacy of each individual's data while ensuring full transparency of the organizations that interact with each individual. Smilo identifies the need for a hybrid blockchain platform. Provide this public entity with the right tools.
Smilo puts heartfelt service on every user, so it's called a hybrid blockchain platform with a conscience, this is because:
Can facilitate hybrid transactions, hybrid smart contracts and hybrid decentralized applications - with 'hybrids' that refer to the public and private
A forfended and straightforward exchange is a future dream for everybody. The people group has adequate comprehension of the requisite for indemnification of individual information, because of an extensive number of cases that abuse individual information for malfeasance and different things. What’s more, behind that, the network likewise needs straightforwardness to cause placidity in every exchange. Smilo
This token represents the user’s ability to influence the evolution of the Smilo network. Each Smilo token is counted as sound, so the more Smilo tokens you have, the more influence you will get on the evolution of the Smilo ecosystem.
Smilo token holders have the following privileges:
Voting for changes in network parameters
Change the cost price of Tx
Change the price of the implementation of a smart contract
Change the cost price of implementing a smart contract
Each block of the Smilo blockchain produces twenty SmiloPay tokens, which will be distributed among Smilo holders. The number of SmiloPay per block will decrease slowly, because there are only 200 million SmiloPay tokens,
SmiloPay Tokens are used to pay for Smilo network services and maintenance fees. Used as a service fee to register or change assets. This service fee will then be distributed proportionally to all Smilo owners, which means that SmiloPay will be circulated through the system.
Initially, there will be no direct transaction fees to use the network and all token holders will receive a maximum amount of SmiloPay per block. SmiloPay Token will be generated with each new block made to the equivalent of the total number of Smilo tokens in circulation, to 200 million. Each block can produce 20 Smilopay, and this token will be distributed proportionally between Smilo holders. And after the first millions of Smilo blocks are generated, SmiloPay prizes will decrease a little. After the SmiloPay token stamp reaches 200 million, the blocks will stop producing SmiloPay tokens. This is intended to keep transaction costs low to lead to more Smilo users, which in turn leads to more registered assets and transactions, and thus generates more costs paid to the node. Having a Smilo token is the same as a lifetime membership for using the Smilo network ‘free’
Total supply: 200,000,000 XSM
Price in ICO: 1 Smilo = 0.25 USD
Tokens for sale: 84,960,000
PRE — SALE
Between 0% and 50% depending on the sale, investment amount and the vesting period
This stage is the first of its kind to avail the coalescence of half and half exchanges, — brilliant contracts, and — decentralized applications. For mass cull of blockchain innovation, the Smilo group solidly trust that there must be a sodality between a blockchain and its genuine utilize cases. With the terminus goal to assure this sodality, it is essential to pick the best stage to interface with the utilization cases. At present, there is no opportune blockchain-predicated figuring stage for the therapeutic segment, nor one that is an across the board answer for private escrow courses of action. The majority of the current savvy blockchain-predicated registering stages are open, however, few individuals favor their restorative records or escrow game plans to be open.
Smilo is a crossbreed blockchain stage that ascertains straightforwardness while securing singular individual information. Smilo utilizes a blockchain innovation base where it can keep up the security of every individual’s information while ensuring full straightforwardness of the sodalities that connect with every person. Smilo distinguishes the requisite for a crossover blockchain stage. Give this open substance the correct instruments.
SMILO ADVANTAGES: Smilo puts the ardent administration on each client, so it’s kenned as a cumulation blockchain stage with a still, minuscule voice, this is on the grounds that: Can embolden cross breed exchanges, half breed brilliant contracts, and coalescence disseminated applications. Smilo utilizes Byzantine Fault Tolerance Plus (BFT +), BFT is the equipollent as Proof of Participation (PoS) more expeditious and more efficacious, yet both were not great. The standard Bft and PoS system isn’t the most secure accord instrument. What’s more, Smilo has enhanced the standard BFT component by making an exceptional Smilo Bft + acquiescent instrument. The system is plenarily sheltered, quantifiable, expeditious and plausible exchanges.
TRANSPARENCY: By utilizing this innovation straightforwardness is a path for some organizations to acquire purchaser trust, as straightforward tasks prompt a decrementation of artifices, cheating, purportless and costly middle people, Users can screen exchanges all the more straightforwardly. Belligerent to Corruption: With straightforwardness, it can inhibit or even take out demonstrations of debasement in every exchange.
AFFORDABLE: Smilo furnishes exchanges with a significantly less sumptuous charge.
Expeditious and Scalable: This stage will be 100 times more expeditious than ethereum or different stages.
Secure: Smilo’s BFT + offers preferable security over the past instrument.
Security indemnification: Through shrewd contracts and crossover exchanges.
UTILIZATION OF PLATFORM:
ELECTION: Smilo inspirits a bulwarked and private race or submission, precluding post-race impact.
DONATION: Enhearten gifts and ensure unknown contributors that cash will be spent in a venerable way.
MEDICAL RECORDS: Singular therapeutic records are claimed and overseen independent from anyone else and imparted to medicinal establishments and indemnification agencies on demand.
SmiloPay Tokens are utilized to pay for Smilo organize administrations and support expenses. Utilized as an administration charge to enroll or change resources. This administration expense will then be disseminated relatively to all Smilo proprietors, which implicatively insinuates that SmiloPay will be coursed through the framework.
At first, there will be no immediate exchange charges to utilize the system and every single token holder will get the greatest measure of SmiloPay per square. SmiloPay Token will be engendered with each incipient square made to what might as well be called the aggregate number of Smilo tokens available for use, to 200 million. Each square can distribute 20 Smilopay, and this token will be conveyed relatively between Smilo holders. Additionally, after the initial an immensely colossal number of Smilo squares are engendered, SmiloPay prizes will diminish remotely. After the SmiloPay token stamp achieves 200 million, the squares will quit distributing SmiloPay tokens. This is proposed to keep exchange costs low to prompt more Smilo clients, which thusly prompts more enlisted resources and exchanges, and along these lines engenders more costs paid to the hub. Having a Smilo token is the equipollent as a lifetime participation for utilizing the Smilo arrange.
This token verbalizes with the client’s capacity to impact the development of the Smilo arrange. Every Smilo token is considered sound, so the more Smilo tokens you have, the more impact you will get on the development of the Smilo biological system.
FOR MORE INFORMATION :
WEB : https://smilo.io/
TELEGRAM : https://t.me/SmiloPlatform
MEDIUM : https://medium.com/smilo-platform
REDDIT : https://smiloplatform.reddit.com/
TWITTER : https://twitter.com/SmiloPlatform
FB : https://www.facebook.com/SmiloPlatform/
LINKEDIN : https://www.linkedin.com/company/smilo-platform-bv/
GITHUB : https://github.com/Smilo-platform
ARTICLE BY : https://bitcointalk.org/index.php?action=profile;u=1715436"