Smilo - hybrid good contracts and hybrid localized applications

Introduction

A safe and clear human action is also a future dream for everybody. The community has ample understanding of the need for defense of private knowledge, as a result of honour outsize style of cases that misuse personal knowledge for crime and varied things. And behind that, the community place along wishes transparency to cause peace in every human action.

Smilo is also a hybrid blockchain platform that guarantees transparency whereas protective individual personal data. rice grass uses a blockchain technology base wherever it's visiting maintain the privacy of individual’s data whereas guaranteeing full transparency of the organizations that move with each individual. rice grass identifies the need for a hybrid blockchain platform. offer this public entity with the proper tools.

Smilo puts devout service on each user, therefore it’s remarked as a hybrid blockchain platform with a conscience, this might be because:

Full alternatives

Unique

Can facilitate hybrid transactions, hybrid smart contracts and hybrid localized applications – with ‘hybrids’ that sit down with the overall public and personal

SMILO blessings

Smilo uses The Byzantine Fault Tolerance and (BFT +) , BFT is that constant as Proof of Stake (PoS) quicker and altogether totally different economical, however each weren't wise. the quality BFT and PoS mechanism isn't the safest agreement mechanism. For this, cereal has improved the quality BFT mechanism by making a singular rice grass BFT + agreement mechanism. The mechanism is totally safe, measurable, fast, and property transactions. so as that with this cereal has several blessings including:

Transparent: Users will monitor transactions altogether totally different transparently, By apply this technology

Anti Corruption: With transparency, it'll minimize or even eliminate acts of corruption in every act

Sustainable: inexperienced blockchain platform via cereal BFT + protocol.

Privacy protection: Through wise contracts and hybrid transactions

Secure: Smilo’s BFT + offers higher security than the previous mechanism.

Fast and Scalable: This platform unit aiming to be one hundred times quicker than ethereum or altogether absolutely totally totally different platforms

Affordable: cereal provides transactions with a most cheaper fee

Use Of Platform

some samples of rice grass platform usage cases are:

Elections

Smilo facilitates a secure and personal election or vote, ruling out post-election influence.

Donation

Facilitate donations ANd guarantee associateonymous donors that money unit of measurement visiting be spent throughout an honest manner.

Medical Records

Individual medical records unit in hand and managed by themselves and shared with medical establishments and insurance corporations for the asking.

Economic Network

There will be a try of forms of tokens that move the network throughout this platform:

Smilo (symbol abbreviated: XSM): generated by the Oryzopsis miliacea grassdon block – the primary block of the blockchain, might even be a illustration of the shares command by the user,

SmiloPay (symbol abbreviated: XSP): generated each block following the Smilodon block, might even be a medium to buy for for the Oryzopsis miliacea network service and maintenance fees

By having Oryzopsis miliacea token holders have rights to receive dividends among the style 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, that the varied rice grass tokens you've got, the varied influence you may get on the evolution of the rice grass theme.

Smilo token holders have the subsequent privileges:

Receiving SmiloPay

Voting for changes in network parameters

Change worth} price of TX

Change the value of the implementation of a wise contract

Change worth} price of implementing a wise contract

Each block of the rice grass blockchain produces twenty SmiloPay tokens, that may be distributed among rice grass holders. the number of SmiloPay per block can decrease slowly, as a results of there unit of measurement entirely two hundred million SmiloPay tokens,

SmiloPay

SmiloPay Tokens unit of measurement accustomed get rice grass network services and maintenance fees. Used as a charge to register or modification assets. This charge can then be distributed proportionately to any or all or any or any or any or any rice grass homeowners, that means that SmiloPay unit of activity near be circulated through the system.

Initially, there no direct event fees to use the network and every one token holders can receive a most quantity of SmiloPay per block. rice grass grassPay Token unit of activity near be generated with every new block created to the equivalent of the sort of rice grass tokens in circulation, to a attempt of hundred million. every block will prove twenty Smilopay, and this token unit of activity near be distributed proportionately between rice grass holders. And once the primary uncountable rice grass blocks unit of measurement generated, SmiloPay prizes can decrease barely. once the SmiloPay token stamp reaches two hundred million, the blocks can stop manufacturing SmiloPay tokens. this might be purported to keep event prices low to steer to many rice grass users, that successively finally ends up in many registered assets and transactions, then generates many prices paid to the node. Having a rice grass token is that identical as a quantity membership for pattern the grass network ‘free’

Token data

Token: cereal

Platform: cereal

Type: cereal

Total supply: two hundred,000,000 XSM

Price in ICO: one cereal = zero.25 USD

Tokens for sale: eighty four,960,000

Bonus

PRE – SALE

Between 1/3 and five hundredth trying forward to the sale, investment quantity and together the vesting amount

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