SMILO. HOW DOES IT WORK?
HOW DOES IT WORK?
Smilo facilitates hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private.
SUSTAINABLE
Smilo is an eco-friendly blockchain platform through our advanced Smilo BFT+ protocol.
SCALABLE & FAST
Over 100 times faster than Ethereum and other platforms by our unique Smilo Network protocol and Smilo BFT+ consensus.
DECENTRALISED
Fully decentralized and open network available to everyone.
AFFORDABLE
Smilo transactions require a fragment of other transaction fees.
ETHEREUM COMPATIBLE
100% Solidity and web3.js compatibility, allowing easy and fast adoption.
Smilo is a unique full-featured hybrid blockchain platform that will be able to facilitate hybrid transactions, hybrid smart contracts and hybrid decentralised applications — with ‘hybrid’ referring to both public and private. As such, Smilo will safeguard the privacy of any individual’s data whilst warranting full transparency from the organisations that these individuals interact with.
Smilo is based on the unique and self-made Smilo BFT+ consensus protocol. This consensus algorithm combined with the exclusive Smilo Network Protocol (SNP) ensures secure, scalable, quick, and sustainable transactions. Considering these features, we call Smilo our hybrid blockchain platform with a conscience.
WHY SMILO?
Individuals have become the moral gatekeepers in society, demanding sustainable products and services, while privacy, transparency, and security need to be guaranteed.
Due to this societal shift towards accountability and transparency, businesses, governments, and institutes are directed to transition to a more sustainable state.
In light of these developments, we identified the need for a hybrid blockchain platform. A platform that provides these public entities with the right tools to reaffirm their relationship with its stakeholders, warranting transparency whilst protecting the individual’s personal data.
This is where Smilo comes into play! Smilo will safeguard the privacy of any individual’s data whilst warranting full transparency from the organisations that these individuals interact with.
TRANSPARENCY
Delivering transparency and accountability from organisations to individuals.
ANTI- CORRUPTION
Through the non-reversible data lock in for tenders and elections.
SUSTAINABLE
An eco-friendly blockchain platform through our Smilo BFT protocol.
PRIVACY PROTECTION
Through the hybrid transactions and hybrid smart contracts.
SECURITY
Smilo’s BFT+ offers an unprecedented 99,99% security.
SCALABLE & FAST
Over 100 times faster than Ethereum and other platforms.
AFFORDABLE
The Smilo transactions require a fragment of other transaction fees.
MISSION
Our mission is to create an environment that aligns the consumer’s need for privacy and security with the processes of governments, NGOs, financial institutions and corporations by providing full accountability and transparency whilst safeguarding the mentioned consumer needs. All in a decentralised, safe, fast and sustainable way. We will be sharing all this in open code so future blockchains, organisations and its applications can apply this to their specific needs.
VISION
Our vision is to facilitate a culture of transparency by making collective data publicly available irreversibly, whilst protecting individual data. This will make most middleman redundant and significantly limit the chance of corruption, whilst simultaneously acknowledging the need to safeguard an individual’s data. This combination of public and private transaction on the same platform based on the BFT protocol defines Smilo as a hybrid blockchain platform with a conscience.
USE CASES
ELECTIONS
Elections or referenda will be facilitated through secure and private voting, ruling out any post-election influence.
DONATIONS
Donations will be facilitated through a private smart contract construction which ensures the anonymous donor that the money will be spent in an honorable way.
MEDICAL RECORDS
Medical records will be owned and managed by individuals and shared with medical institutions and insurance companies upon request.
PUBLIC TENDERS
Public tenders where the RFP’s are being listed anonymously but also definitely and irreversible to avoid adjustments after the assignment has been granted.
TOKEN DISTRIBUTION
TOTAL TOKEN SUPPLY: 200.000.000 Smilo
CIRCULATING SUPPLY: 100.000.000 Smilo
PRIVATE SALE: 63.360.000 Smilo
PUBLIC SALE: 21.600.000 Smilo
COMMUNITY BOUNTIES: 15.040.000 Smilo
HARD CAP: 18.000.000 USD
SOFT CAP: 2.500.000 USD
PRICE 1 Smilo = 0,25 USD
ROADMAP
Q1 2017
– Idea from Elkan Roelen (founder)
Q2 2017
– Forming Smilo’s team
– First written foundations
Q3 2017
– Start prototype development
– Research of different network protocols and consensus algorithms
Q4 2017
– Whitepaper development
– First partnerships
– Prototype development:
– Implementation of blocks, transactions and verifications
Q1 2018
– Website launch
– Official BV registration
– Opening community channels
– Prototype development implementation of:
– Smilo BFT+ with SPoRT
– Private transactions
Q2 2018
– Private sale
– Prototype development:
– Implementation of light wallet
– Open-source prototype on Github
– Starting development of:
– SmiloVM
– SmiloContract
– Smilo SDK
Q3 2018
– Private pre-sale
– Starting testnet development
– Starting hardware wallet development
Q4 2018
– Testnet launch
– Light wallet launch
Q1 2019
– Community-driven performance tests
– Consult and help partners with first Dapps
– Start development of Smilo’s secret Dapp
Q2 2019
– Public sale
– Mainnet launch
– SmiloContract development
– Implementing new languages
– Language choice based on community votes
– Mainnet launch event
– Token Distribution
– Exchange listing
Q3 2019
– Hardware wallet launch
– First DevCon Smilo developers
– Multiple Dapp launches by partners
Q4 2019
– Start DEX development
2020
– Extend Improved Sharding
– Multiple hardware wallet support
– Self sovereign identity
2021
– Off-Chain transactions
WEBSITE: https://smilo.io/
ANN: https://bitcointalk.org/index.php?topic=5039760.0
WHITEPAPER: https://smilo.io/files/Smilo_White_Paper_Latest.pdf
ROADMAP: https://smilo.io/#roadmap
FACEBOOK: https://www.facebook.com/SmiloPlatform/
TWITTER: https://twitter.com/SmiloPlatform
YOUTUBE: https://www.youtube.com/channel/UCZyW2kPmlB4dwdO0yI3qQuA
REDDIT: https://www.reddit.com/r/SmiloPlatform/
LINKEDIN: https://www.linkedin.com/company/smilo-platform-bv/
MEDIUM: https://medium.com/smilo-platform
TELEGRAM: https://t.me/SmiloPlatform
Bergluftt
https://bitcointalk.org/index.php?action=profile;u=2273811
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