Alfa-Enzo: the Blockchain for Everyday Tasks
The blockchain technology allows you to safely store documents, photos, and videos on decentralized servers, the encryption protects information from hackers and unauthorized publications. However, the ecosystems on blockchain are complex for understanding for ordinary users, they solve too narrow tasks, and do not attract a mass audience. Is it possible to change the situation and make the cryptocurrency interesting for ordinary people?
Developers of Alfa-Enzo offer an open ecosystem that stores any data in an encrypted form and easily adapts to software platforms. Now you can start an online translator, a payment system, a dating site, a home textile store, an online cinema on the blockchain... Any resource that will interest the mass audience.
How Does the Alfa-Enzo Platform Work?
The technical basis of the project is the method of data storage in a distributed registry (DLT), which allows reducing the cost of maintaining databases, monetize content, and create new applications. For example, all reviews of Alfa-Enzo participants are grouped by products (services), their authors receive a reward in the form of tokens. Alfa-Enzo and the EON platform are based on six modules.
1. Infinite Personal Chain (IPC) - a private blockchain that allows system participants to manage their data, share it with application developers. For example, an online banking client shares only his geo-position.
2. Reverse Mining - coins in EON are given for the entering of Captcha, which confirms the truth of the operations. For example, when transferring funds to an account of the Alfa-Enzo user, you need to enter Captcha for the operation to be successful.
3. Proof of Activity (PoA) - a protocol for calculating coins, which allows everyone to earn system tokens. Users transfer money, install new applications, leave feedback and receive revenue.
4. Atomic Commit - the methodology for conducting payments outside of the blockchain, which provides for instant transactions between two counterparties. The parties to the transaction may be applications or customers.
5. Samaritan - an analog of server nodes, which confirms transactions in the system or outside it through smart contracts.
6. Handshake – a tool for the exchange of real goods (services) through smart contracts.
MVP of the Alfa platform was launched for iOS in May 2018. The working version of the application allows you to register on the platform, earn tokens, and conduct a secure chat with other users.
Crowdsale of the Alfa-Enzo Project
The ICO of the project is held in three stages, the main round of the crowdsale is scheduled for October 1 - 26, 2018. It is planned to collect from 25 to 90 million dollars in total, 21 billion of NZO tokens were released. 60% will be realized during the crowdsale, 25% will go to the creators, 10% - to the development team, the remaining 5% will constitute a reserve fund.
The collected funds will cover five groups of expenses: 60% will go for development, 20% will be invested in business development, 15% - expenses for R&D, 5% - legal support for the project.
Alfa-Enzo is an example of ICO aimed at adapting the blockchain to the needs of the real economy and popularizing of cryptocurrencies among the general population.