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Decentralized database service
Price on ICO
Jan. 18, 2018
Feb. 2, 2018
ICO is over
Blockchain technologies are booming and more and more decentralized applications (dApps) are in development. That is a very promising tendency, but in order for it to function on a truly global scale, the dApps, that we can expect to continuously exchange colossal volumes of data, require a suitable database. That is precisely the task Bluzelle is seeking to carry out, by making a scalable decentralized database service that dApps would be able to use. This will both enable them to scale to truly global sizes, as well as to function with greater efficiency.
The Bluzelle project operates with two tokens – BLZ and BNT. BLZ is the ERC-20 token that’s being sold during the ICO, and is also planned for listing on major crypto exchanges. BLZ tokens can be used to buy BNT tokens. BNT is the company’s internal token, which is used to pay for data storage and retrieval.
Bluzelle has a powerful team, made up of professionals with outstanding experience, including in development of dApps. Pavel Bains, the company’s CEO, possesses 15 years of experience in management, digital technologies and finances. CTO Neeraj Murarka is an engineer and computer systems architect with total experience adding up to more than 20 years. Project advisors include representatives from Facebook, Paypal, Linkedin, Ripple – an excellent list. Several VC firms have already become the company’s early-stage investors, namely Global Brain, True Global Ventures, Lun Partners and Kenetic Capital.
Bluzelle aren’t just making a project, but, possibly, a crucial element for the global blockchain technology infrastructure. The World Economic Forum awarded Bluzelle the “Tech Pioneer” status in 2017 – a title that had earlier been earned by companies such as AirBnB, Google, Kickstarter, Spotify and Palantir.
The project will have challenges to face – for instance, Bluzelle has no direct defense for its IP in the event of a competitor from database management or cloud services attempting to build a similar decentralized service. Competition can also be expected from Wolk – another decentralized database service provider.
However, adding up the project’s current accolades, the demand for its services, its team and other positive factors, we believe what we’re looking at is a project with some exceptional potential!
Reliable ‘swarm’ technology
Bluzelle stores tiny pieces of data on groups of nodes (swarms) across the globe, eliminating any single point of failure.
Boundless scaling ability
Bluzelle’s algorithm stores data in a unique network model that doesn’t depend on data centres, and is able to scale database services in an instant.
High speed on the fly
Bluzelle dynamically adjusts the number and location of nodes sharding your data to reduce request time and overall performance.
Bluzelle employs cryptography and sharding techniques to provide a privacy guarantee.
Bluzelle redundantly stores %ny pieces of data on nodes across the globe, eliminating any singlepoint of failure.
Bluzelle stores data in a unique, distributed and intelligent manner that is able to provideenterprise-level scalability.
Bluzelle leverages blockchain technology so that once data is stored to such a network, it isimpossible to change that data.
High Performance Speeds
Bluzelle dynamically adjusts the number and location of nodes sharding the consumer’s data to meet performance metrics.
Bluzelle’s use of consensus is the only method by which updates to the network can be accepted as the “truth” – making the data hack-proof
Bluzelle operates no data centers as all computer resources are provided by network producers who earn funds and pass the savings to consumers.
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