Fluence Functionality: Valuable Features You Will Want to Take Advantage of
Fluence is a service that enables every functioning technology product to plug into cryptocurrency token mechanics without native blockchain knowledge or experience.
With Fluence blockchain-as-a-service and smart contract-as-a-service, businesses can benefit in terms of project development, as they will no longer have to worry about the technical aspects of blockchain integration.
Fluence as an enterprise blockchain application is being deployed in the following verticals:
Fluence supports:The blockchain infrastructure: provides the ability to configure the desired blockchain network with a few clicks of the mouse through an intuitive user interface.
Smart-contract use: aggregates audited templates for the most-used smart contracts and places them into an environment where users can easily configure and deploy the right smart contracts for their needs.
Token-Economics Transparency: provides a code-driven system of pegging tokens with the business mechanics of the system being tokenized.
The Fluence blockchain-as-a-service provider grants functionality for entrepreneurs as well as ICO and post-ICO projects.
Solutions for Entrepreneurs
Clients who are interested in blockchain implementation on the enterprise level can use the following solutions:
Deploy and use public net nodes.
Set up and fork their own chain. This includes regulated consortium chains on the user’s own nodes with the ability to invite someone. There are several preexisting consortiums that future clients can request to join, or they can create a separate one.
Write and track blockchain states. One can easily write states to the blockchain and track them through the web API. Blockchain API layers enable the deployment of different blockchains and the ability to run them within a private infrastructure or client infrastructure. These are connected to mainnets as well as private blockchains of the client’s choice.
Inject distributed-ledger functions into the app. Users can inject functions of the distributed ledger into an application, such as a list of transactions or list of events which can also be visualized.
Use templated smart contracts. Users can choose a preexisting smart contract from the SC library and adjust individual parameters to make it work.
Use UI to set up blockchain nodes and deploy smart contracts. One can employ the user interface to simplify the development of user applications and eliminate technical deployment complications.
Solutions for ICO and Post-ICO Projects
Speaking about ICO and post-ICO projects, there is a range of options to choose from, as well.
The following solutions are offered:
A smart-contract library for a token-generation event. Projects are provided with a standard suite of smart contracts for the token-generation event (TGE).
Injecting and customizing wallet components in the application. Injecting a cryptocurrency wallet into the ICO’s application will allow users to work with the ICO’s ERC20 tokens. By taking an existing code and customizing it according to personal needs, ICOs will be able to get ERC20 tokens through the wallet, receive tokens from other users, and store or even hold them.
An administrator will enable wallet deployment, which will be paired one-to-one with user profiles. Users will also be able to manage their balances, such as sending and receiving tokens from one wallet to another.
Providing basic snippets for the wallet UI, which will be integrable into web and mobile interfaces.
Transaction and blockchain state vizualizers. Users can track project balance, transaction feed, and project analytical metrics. The latter shows the usage of the tokens by the system, providing a way for industries or token holders to understand what the project is based on and the real project parameters versus market speculation.
UI framework. ICO and post-ICO projects will be able to set up a useful user interface to simplify the development of their applications and eliminate any technical issues.
In addition, Fluence users are provided with the following valuable token features to take advantage of:
Incentives
Project owners can create subscriptions to events like:
smart-contract events—for example, staking, rewards, burn/slash/minting, etc. (available on the Ethereum blockchain)
inclusion in a block transaction (which was previously mined)
the balance of a changed address
When an event is emitted, Fluence will notify the application via webhook.
Liquidity
Liquidity is ensured by connectivity with the exchange. Users can purchase, trade, and exchange tokens for fiat, Bitcoin, or Ether with the help of liquidity providers or personal-exchange API integrations. It is also possible to trade tokens for fiat, BTC, or ETH via decentralized exchange (DEX), through API integrations, and/or usage of tokens designed for DEX (like Graphene Smart Coins or Ripple/Stellar-like tokens).
Another option is to insert a pull request to notify OTC providers about large deals (the database of OTC providers and their fees will be provided by partnering OTCs).
Interoperability
System administrators can define the rules of the swap between their tokens.
Supported by blockchains like Ethereum, Bitcoin, and Litecoin, projects benefit from blockchain application functionality as a result of smart-contract deployment and easy management of business logic. Bitcoin and Litecoin blockchains are well-suited to transacting payment applications due to the widespread use of these currencies. Currently, Fluence is in the process of integration with Ethermint.
Any industry can benefit from using Fluence as blockchain-as-a-service and smart-contract-as-a-service. It is designed to support businesses and entrepreneurs by providing ready solutions and simplifying blockchain infrastructure management.
