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Insolar is building a fourth-generation enterprise blockchain platform aimed at seamlessly linking companies and creating new growth mechanisms. In addition to the blockchain platform, Insolar will also provide blockchain services and ecosystem support for companies looking to develop and deploy blockchain solutions. Insolar will provide the most complete and secure blockchain tools and services to quickly build and launch blockchain enterprise applications, accelerating the process from initial concept to application.
In a traditional business network, all participants maintain their own ledgers, but these ledgers are subject to duplication and errors, leading to disputes, extended settlement times, and middlemen and their associated overhead. Compounding these problems is the fact that 80% of corporate data is kept in tight, centralized databases, which means a lot of time and resources are wasted finding, cleaning and validating data.
In finance, logistics, consumer goods, energy, healthcare, transportation, manufacturing and more, the world's most innovative companies turn to Insolar. They recognize that in today's digital economy, vast amounts of value remain trapped in unconnected processes and organizational forms. Insolar is their remedy to help them discover and realize business value in blockchain networks – strategies where initiation, acceleration and innovation will replace chronic business friction with trust and transparency. Delegating trust to blockchain means businesses can pursue wider networks, operate on new partners and enter new ecosystems with ease. Blockchain-based networks enable multi-party collaboration in sharing, trusted data, and process automation across organizational boundaries, which brings benefits on many levels, starting with efficiency gains and ultimately redesigning and integrating operations across industry ecosystems Way.
Insolar is a professional team of more than 60 North American and Europeans, including a 35-strong engineering team with practical blockchain engineering expertise, and experts from major institutions (York University, ETH Zurich, Princeton University) ) of the 10 leading blockchain scholars.
XNS is a decentralized ecosystem that facilitates the order fulfillment process and allows manufacturers to join, publish their products for sale, run promotions and loyalty campaigns, and get feedback from consumers, enabling consumers to Order these products and vote for new products and manufacturers. The INS ecosystem has been verified by consumers' attention and has received strong support from manufacturers. On the INS platform, each manufacturer controls product pricing and listings. The platform aggregates all orders and sends requests to manufacturers to deliver products to smart distribution centers. Professional pickers at the distribution center collect the order and pass it on to the courier company. The courier delivers the order to the customer. The main role of XNS is to develop the open source technologies needed to run a decentralized ecosystem and create a successful model that incentivizes all participants. INS Token is the only means of exchange that handles feature-rich and consumer-oriented marketing, bonuses and discounts in the INS ecosystem, and is one of the currencies for buying and selling products. The project will disrupt the existing grocery retail industry and become the new standard driving accelerated adoption and mass usage of INS token. Escrow All payments received for INS tokens in connection with the INS token sale will be held in escrow in a multi-signature wallet. Keys will remain with the INS team and Blockchain Law Group. Blockchain Law Group is a group of legal practices operating in Los Angeles and Moscow that provide services in blockchain technology, issuance of products and security tokens, and handling of cryptocurrency matters.
Unlimited Scalability
Designed to handle unlimited compute, storage, and network traffic, including work partitioning, node role assignment, and per-transaction consensus.
Simplified Development
Insolar is designed as a hybrid system, allowing the choice between using a public network, a private network or a hybrid network. This flexibility enables everyone to choose the configuration and domain features that best meet their needs.
Dynamic Consensus
The Insolar blockchain platform allows validation and finality requirements to be defined as business logic components on a per-transaction basis. In this way, the value of a data transaction and the risks involved can be balanced against the speed and cost of its verification.
Chained Data Storage
Multi-party networks require trust, and this belief can be placed in a DLT network where all participants can view contained documents and data related to them. Chained storage improves operational efficiency and trust.
Interoperability
The service- and message-oriented design enables compatibility with conventional systems and existing enterprise blockchain solutions such as Hyperledger Fabric. Insolar will later support interoperability with Corda and Ethereum.
Advanced Sharding and Encryption
Best-in-class data protection through scatter, split-key encryption, and isolation. The Insolar network involves a top-level pulse chain that generates randomness to secure the network.
XNS powers the Insolar mainnet.
Payments
Tokens are a medium of exchange for transferring value to settle application fees, resource fees, and subsidies.
Locked Tokens
Use tokens as collateral to lock in value and represent an overall commitment to network security.
Governance
XNS drives mechanisms for self-governing the network as a self-sustaining ecosystem.
Related links:
http://www.btb8.com/token/2341.html