SMILO, BLOCKCHAIN PLATFORM WITH A CONSCIENCE

Introduction

A safe and clear dealing could be a future dream for everybody. The community has comfortable understanding of the necessity for defense of non-public knowledge, because of an oversized variety of cases that misuse personal knowledge for crime and different things. And behind that, the community conjointly wants transparency to cause peace in every dealing.

Smilo could be a hybrid blockchain platform that guarantees transparency whereas protective individual personal knowledge. smilo grass uses a blockchain technology base wherever it will maintain the privacy of every individual's knowledge whereas making certain full transparency of the organizations that act with each individual. smilo grass identifies the necessity for a hybrid blockchain platform. offer this public entity with the proper tools.

Smilo puts earnest service on each user, thus it's referred to as a hybrid blockchain platform with a conscience, this can be because:

Full options
Unique
Can facilitate hybrid transactions, hybrid good contracts and hybrid decentralised applications - with 'hybrids' that consult with the general public and personal

SMILO ADVANTAGES

Smilo uses The Byzantine Fault Tolerance and (BFT +) , BFT is that the same as Proof of Stake (PoS) quicker and a lot of economical, however each weren't excellent. the quality BFT and PoS mechanism isn't the safest accord mechanism. For this, ricegrass has improved the quality BFT mechanism by making a singular ricegrass BFT + accord mechanism. The mechanism is absolutely safe, measurable, fast, and property transactions. so with this ricegrass has several benefits including:

Transparent: Users will monitor transactions a lot of transparently, By mistreatment this technology
Anti Corruption: With transparency, it will minimize or maybe eliminate acts of corruption in every dealing
Sustainable: inexperienced blockchain platform via ricegrass BFT + protocol.
Privacy protection: Through good contracts and hybrid transactions
Secure: Smilo's BFT + offers higher security than the previous mechanism.
Fast and Scalable: This platform are a hundred times quicker than ethereum or alternative platforms
Affordable: ricegrass provides transactions with a far cheaper fee

USE OF PLATFORM

some samples of ricegrass platform usage cases are:

ELECTIONS
Smilo facilitates a secure and personal election or vote, ruling out post-election influence.
DONATION
Facilitate donations and guarantee anonymous donors that money are going to be spent in an exceedingly respectable manner.
MEDICAL RECORDS
Individual medical records are in hand and managed by themselves and shared with medical establishments and insurance corporations for the asking.
ECONOMIC NETWORK
There will be 2 kinds of tokens that move the network during this platform:

Smilo (symbol abbreviated: XSM): generated by the ricegrassdon block - the primary block of the blockchain, could be a illustration of the shares command by the user,
SmiloPay (symbol abbreviated: XSP): generated each block following the Smilodon block, could be a medium to pay money for the ricegrass network service and maintenance fees
By having ricegrass token holders have rights to receive dividends within the type of SmiloPay tokens.

Smilo

This token represents the user's ability to influence the evolution of the rice grass network. every rice grass token is counted as sound, therefore the a lot of rice grass tokens you've got, the a lot of influence you'll get on the evolution of the rice grass system.

Smilo token holders have the subsequent privileges:

Receiving SmiloPay

Voting for changes in network parameters
Change value} price of American state
Change the value of the implementation of a wise contract
Change value} price of implementing a wise contract
Each block of the Oryzopsis miliacea blockchain produces twenty SmiloPay tokens, which can be distributed among Oryzopsis miliacea holders. the amount of SmiloPay per block can decrease slowly, as a result of there are solely two hundred million SmiloPay tokens,
SmiloPay
SmiloPay Tokens are wont to purchase Oryzopsis miliacea network services and maintenance fees. Used as a charge to register or amendment assets. This charge can then be distributed proportionately to all or any Oryzopsis miliacea homeowners, which suggests that SmiloPay are going to be circulated through the system.

Initially, there'll be no direct dealing fees to use the network and every one token holders will receive a most quantity of SmiloPay per block. Oryzopsis miliaceaPay Token are going to be generated with every new block created to the equivalent of the entire range of Smilo tokens in circulation, to two hundred million. every block will turn out twenty Smilopay, and this token are going to be distributed proportionately between Oryzopsis miliacea holders. And once the primary several Oryzopsis miliacea blocks are generated, SmiloPay prizes can decrease a touch. once the SmiloPay token stamp reaches two hundred million, the blocks can stop manufacturing SmiloPay tokens. this can be meant to stay dealing prices low to guide to additional Oryzopsis miliacea users, that successively results in additional registered assets and transactions, and so generates additional prices paid to the node. Having a Oryzopsis miliacea token is that the same as a life membership for mistreatment the Oryzopsis miliacea network 'free'

TOKEN INFORMATION

Token: ricegrass
Platform: ricegrass
Type: ricegrass
Total supply: two hundred,000,000 XSM
Price in ICO: one ricegrass = zero.25 USD
Tokens for sale: eighty four,960,000
BONUS
PRE - SALE
Between zero and fiftieth counting on the sale, investment quantity and therefore the vesting amount

Tokens Distribution

36% - ricegrass Foundation
14% - Team
8% - Community bounty's
32% - non-public sale
**10% **- Public sale

Funds Distribution

55% - Development
21% - selling
12 %- Bussiness development
10% - Operational expenses
2% - Legal

USEFUL LINKS:

Website: https://smilo.io/
Whitepaper: https://smilo.io/files/Smilo_White_Paper_Latest.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5039760.0
Twitter: https://twitter.com/SmiloPlatform
Facebook: https://www.facebook.com/SmiloPlatform/
Youtube: https://www.youtube.com/channel/UCZyW2kPmlB4dwdO0yI3qQuA
Telegram: https://t.me/SmiloPlatform

Author:

Bitcointalk Username:cryptohot839373
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2404248