How can Blockchain Technology impact our lives?
How can Blockchain Technology impact our lives? Read on to find out!
Everyone is talking about decentralisation and cryptocurrencies. In fact, the hype is so big right now that there was a juice company that added the blockchain word on their bottles and their sales skyrocketed. Online marketers caught on the current hype and started to add words that attract to their content even if they do not have anything relevant to the subject.
However, behind all this buzz stands a remarkable technology stack that can change the way we perceive many things that we currently take for granted. The advantages of decentralisation are many, but perhaps the most important one would have to be the power switch from the wealthy few to the many that are perhaps even unbanked.
The Treeblock protocol: Powering the solutions of tomorrow!
To achieve a high level of adoption of this technology we need scalable foundation protocols that can support the creation of dApps (decentralised Apps). Treeblock is such a platform that allows developers to create applications on top of. At its core, Treeblock leverages the m-DPoS architecture; this stands for multiple delegated proof of stake, a backend system that combines Hierarchy and Time Sharding that flow into Time Sharding Trees that solve the plaguing issues of performance and scalability of the current blockchain solutions available on the market. Here are some ideas for dApps that could be built using the Treeblock ecosystem:
- Digital Voting Apps
- Insurance and Payments
- Stock Control and Asset Management
- Digital rights management
- KYC compliance protocols
Once the developers decide to create a dApp on Treeblock, they will receive the full support of the platform on their entire creation journey. The ecosystem will also feature a dApp store where they can gain followers. The best ideas that lack funding will be put through the crowdfunding module of the ecosystem where users of Treeblock will have the opportunity to invest in projects at early stages having the sought-after first-mover advantage!
YouRoot: The first of its kind! A dApp using Treeblock.
YouRoot is designed to be the first Family Enterprise Solution that helps Families manage their wealth from assets to businesses, maintaining relationships and much more. With the inception of YouRoot we are witnessing the emergence of the Smart Society, a system that helps its members manage their asset in a scalable and sustainable way. 2019 is going to be big for the Youroot dApp, with a wallet release in Q1, a direct payment Crypto Card in Q3 and the Online Safe Box module released in Q4.
The project has a bounty program for developers who are looking for a challenge, those who manage to find substantial vulnerabilities will be rewarded accordingly! If you want to purchase TREX coins and participate in this innovative project, you can right now! The ICO period will last until 6.5B tokens are sold or until further notice from the development team. The price of 1 TREX token is set at 0.02 USD.
Feel free to check more information at their Website, ANN and Whitepaper.
ETH: 0xb01f6d20eac75778dc7f97c33dfd653ae0abc563