SMILO PLATFORM

- November 13, 2018

SMILO PLATFORM - THE HYBRID BLOCKCHAIN PLATFORM WITH A CONSCIENCE

Gambar mungkin berisi: langit, gunung, teks dan alam

Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the SMILO project.

BACKGROUND

The world has witnessed a huge interest in Blockchain in various industries of different countries: from dozens of hundred new startups to specialized blockchain laboratories that have appeared in both commercial and federal institutions, or in several consortia created to solve the main tasks of their industry.

Blockchain technology maintains a large level of detail in its reports for all financial and non-financial transactions. Blockchain technology minimizes the likelihood of misinformation or managed information disseminated over the network. One of the best parts to discuss a public block chain is that it is usually not controlled by one particular object. Each participant or organization gets the opportunity to share or create copies. While some consider this to be a force, it is also seen as a big disadvantage, since few can argue that it is not safe enough.

Fortunately, the Blockchain technology can be used in three different ways: public, private and hybrid. Although much has been said and discussed about public and private block chains, the technology of hybrid blotnozov still remains intact and relatively "fresh."

SMILO HYBRID BLOCKCHAIN

Smilo is a revolutionary hybrid block platform that can accept hybrid transactions, intelligent contracts and decentralized applications. Low power consumption will ensure the stability of the Smilo block chain, making it environmentally friendly. This is achieved through a hybrid consensus mechanism based on the Proof of Share (PoS) and Byzantine Resiliency Plus (BFT +).

Meanwhile, the unique Smilo network protocol (SNP) will provide scalability, which will create a network that is 100 times faster than Ethereum. Smilo will be characterized by a low commission, full decentralization and full blocking of Ethereum and reasonable contract compatibility. Smilo blockchain eliminates the mistakes of its predecessors, and also brings the blockchain technology closer to mass adoption.

The Smilo blockchain platform can use both private and public chain networks and decentralized applications. The Smilo team claims that their goal is to develop a fully functional blockchain platform that will host hybrid transactions, smart contracts and decentralized applications. The developers claim that their decision can be made in the following areas: medical sector, product tracking, insurance industry, logistics, etc.

ADVANTAGES OF SMILO

Smilo uses a unique and self-made version of the Byzantine Fault Tolerance Plus (BFT +), the BFT is the same as the Proof of Stake (PoS), faster and more efficient, but both are not perfect. The standard BFT and PoS mechanism is not the most reliable consensus mechanism. To do this, Smilo improved the standard BFT mechanism, creating a unique consensus mechanism Smilo BFT +. Mechanism is a completely secure, measurable, fast and robust transaction. So this Smilo has many advantages, including:

Transparent: users can control transactions more transparently using this technology.
Anticorruption: with transparency, it can minimize or even eliminate corruption in every transaction.
Sustainable: Green block chain via Smilo BFT + protocol.
Privacy Protection: Smart Contracts and Hybrid Transactions
Security: BFT + Smilo offers better security than the previous mechanism.
Fast and scalable: this platform will be 100 times faster than ethereum or other platforms
Affordable: Smilo provides transactions with much cheaper payment.

VIEW

The system will use two tokens: the Smilo token (XSM) and the SmiloPay token (XSP). Smilo toners are an integral part of the Smilo network. They represent personal user shares and the power to influence the network. SmiloPay tokens will be used to pay all service charges. Used as a service charge for registering or changing assets. This service fee will be distributed proportionally to all Smilo owners, which means that SmiloPay will be distributed through the system.

ICO Information

Name token: Smilo token
Token Symbol: XSM
Total Delivery: 200,000,000 XSM
Tokens for sale: 84,960,000
Price in ICO: 1 Smilo = 0.25 USD
SoftCap: 2,500,000 USD
HardCap: $ 18,000,000