Friday, August 24, 2018

Multiversum



Multiversum - a Relational Blockchain 4.0

Image result for blogspot.com Multiversum

The Idea

Blockchain technology is developing at an extremely fast pace. There are different platforms, seemingly ingenious ideas, which are however mostly in the economic sector and in individual industries. They present scenarios for micro-enterprises that are really useful, but how many of them want to contact the big institutions and work with any kind of crypt-currencies?

Multiversum wants to achieve the link with the financial, governmental and industrial sectors and to propose its decision on practical issues with the huge influx of data that is really difficult to sort, connect, store, etc.

The basic idea of the project is to create separate databases that are linked to each other, as the planets in our galaxy. The infrastructure of the project is entirely decentralized. An instrument for structuring complex databases such as planets but connected to each other in the Galaxy is done through crypto-relational databases within the framework of Blockchain Technology 4.0. At the core is the parallel operation of individual databases - in this case our planets.

Innovation comes with the new generation Blockchain 4.0, which performs a number of faster parallel actions. The very name Multiversum derives from multi and versum from Latin, which means "verse". Every well-written verse contains deep and meaningful text, or in the case of a "database".

The problem the Multiversum team wants to solve is the crazy administrative work of large institutions by providing them with security thanks to Blockchain 4.0 technology. To this end, the company will even organize a contest for hackers to try to break the security, and then reward them. The purpose of the competition is to create maximum security to provide confidence to the three sectors listed above.



The secret to the power of the company, I think, is that they face the challenge of offering a different than traditional databases, offering users an efficient, inexpensive and easy-to-use solution for applications that require data integrity security, data status certification, and trust in public perception.

From the roadmap, we understand that the company launched its Pre-ICO in March 2018. The ICO is currently being held, which will last until June 2018. What is coming up this year is to expand the team, and in 2019 to create external applications like the "Ethereum" system, many crypto-currencies and exchange support.

The main team consists of 22 people. The founder of the Multiversum idea is Andrea Taini and co-founders are Michele Roscelli, Matteo Monti and Matteo Peterlini.

Some of the advisers are Giuseppe Gottardi, Marco Baldi, Emanuele Frontoni, Michele Orzan, Tobias Ratschiller and Henry Monzon, the top three of whom are counselors for defense.

The team already has three well-established partnerships with Greenwill, Eucham and Tokendesk.

The website seems to be revived, but at the same time with different, overflowing palettes of colors that might play the role of each individual database and their connection in seconds. The Whitepaper is represented precisely by this galaxy, which compared the system based on the fourth generation of Blockchain 4.0 technology. The information is detailed and arranged correctly. WP is more attractive than the platform itself. There are also notes that are mainly sources of information from Wikipedia, and we know that Wikipedia is not one of the most professional sources of information, as anyone can redraw the information if it thinks fit.

Token is $ 1. In the first and second week of the ICO, there is a bonus of 20%, that is, from May 1, 2018 to May 14, 2018. The third and fourth week bonuses fall to 15% between May 15 and May 30 in 2018, and the fifth and sixth to 10%. The soft-cap is $ 5,000,000. 1% of funds for ICO will be donated to a charity cause.

What I like about this project is that the team faces the challenge of presenting the weaknesses of the current database system in the financial, governmental and industrial sectors. That's really courage, I think. I believe that the project will take us a step further in the development of Blockchain technology, as well as the administrative system that is experiencing a lot of trouble, such as bureaucracy, corruption, hacking with mischievous purposes, use of unverified data about abuse, and so on.



Conclusion

Multiversum divides its cause into three basic principles - people, planet, and revenue. According to the team, each person has to develop himself and respect human values. The planet is our world to care for, as well as our environment, from which we derive important resources for us. The system is the engine that determines the feasibility of goals. Three basic things that are extremely important to every existing person.


Disclosure: This article will participate in the ICO bounty campaign and apply for a reward after posting.


Multiversum's Website: https://www.multiversum.io/
Multiversum's Whitepaper: https://www.multiversum.io/whitepaper/WP_English.pdf

Author: Tejo_surty
Eth Address: 0xF9BC056454948A5D645c86708243A9C7d9578334

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