What is INFLEUM Platform?
Basically, customers or advertisers who want to advertise or market their products and services will come to the INFLEUM Platform for advertising. At this time, you can directly select the type of campaign you want, and you can combine smart contracts in various customized forms, combining the necessary parameters (region, marketing target, method, period, cost, hope influencer, etc.) have. In other words, the Smart Contract Agent Machine is provided so that anyone can easily access and utilize it.
Once the final smart contract is finalized, the influencer (marketers, agents, power bloggers, etc.) that will execute it will trigger marketing activities according to the given conditions, and after the decentralized objective measurement and evaluation, Participation will be distributed according to a perfectly fair standard in the Influencer.
INFLEUM Blockchain Consensus Algorithm-PoW and PoS
INFLEUM is a fusion platform of social media and e-commerce marketplace. In order to embrace the vast market, it will satisfy the following conditions.
1. Zero commission
The conventional payment system charges the consumer for a commission. However, in order to combine social media with the payment system, an incentive should be provided for the consumer rather than a charge.
2. High-speed transaction processing
Blockchain transaction speed is often compared to the VISA. VISA is known to handle 40 transactions per second in high season. However, in order for INFLEUM to embrace the social commerce market, its transaction speed should be compared to the REDDIT. INFLEUM should be able to handle more than 10,000 transactions per second to grow into a REDDIT-level network.
3. ERC20 Compatibility
The most important factor for IFUM is its utility. It should be able to exchange crypto and fiat currencies on demand. In order to allow this, it is required to be listed on the decentralized exchanges. This is why INFLEUM is designed to be compatible with ERC20 which is standardized in the Ethereum network.
4. Active developer community
Open source community is a powerful group of developers. INFLEUM engages in this open source community to evolve in the long term.
5. Security confirmation
Above all, protection of assets and data has top priority. Even though blockchain technology evolves at a rapid pace, there are still some vulnerabilities to be corrected. The best-proven technology shall be used.
Infinity Network
In addition to interacting with other DAPPs that are on the same network, Infleum can also be associated with platforms or services that exist in other networks. In addition to the user, Infleum also provides Infinite code for interworking with DAPP and external services, and for creating a flexible group. This infinite code forms a side chain, and even if there is no direct link with the Infleum , If a service is used, a new group is formed to form a network.
Also, when the service registered in the Infleum is linked with the external service, the infinite code is added to the service and added to the network. Through a series of processes, Infleum has dynamic and infinite network scalability.
Infleum interacts with the services in the network thus configured to collect data on the user's activities and to reconcile the collected data. This is one of the important behaviors for the fair distribution that Infleum pursues.
In order to achieve a fair distribution, it is necessary to confirm the participants' activities, their effects through activities, and the validity of the relevant details. These data provisions and trust verification activities are performed through the respective services participating in the network. Infleum is building an expandable brand publishing platform that meets a wide range of service scenarios based on the Infinity network. It also enables you to work with other block-chain systems or traditional IT systems using specific protocols.
Infinity Code
To realize the various Derivation Value of Infleum , Integrated Wallet uses a unique identification system called "Infinity Code". Through the Infinite code, Infleum tracks the outcome of the episode and proves the services that users and users in the service logic are participating in and proves the correspondence of their activities.
The infinite code is a unique identification code that contains the chair and contract information when the contract is created. Each time a transaction is added to the contract, the infinite code is updated to register the corresponding ledger in the user's integrated wallet and DAPP. When contracts are completed, contracts are tracked mechanically to track the ledger holding the infinite code, and the data consistency of each node is verified and the transaction participation is analyzed. Each node is connected via an infinite code assignment, and the Infleum provides a basic common module for node mapping and data exchange.
The Infleum network, which is formed by Infinite code, can perform common tasks for the same transaction through trust verification for each node. It can also be used for authentication, data exchange, platform communication, etc. Service can be provided.
Infinite code is also used for integrated authentication for use with DAPP. In addition to the APP ID, the infinite code can add the unique identification information of the user device such as UUID and MAC ADDRESS, and the service ID / PW of each DAPP, and hash this information. UUID, MAC address, and wallet ID / PW are used for authentication for personal identification to access the integrated wallet and DAPP. APP ID, Service ID, and Contract ID are used for each service and the like.
If the user wishes, the individual's certificate information can be registered in the infinity code, thereby ensuring the stability of access to the individual integrated wallet as well as each DAPP.
Global Blockchain Project INFLEUM Strengthens Its Network
Elsol Company (ELSOLCOM), a brand publishing company from South Korea is expanding into global market through its INFLEUM Project. INFLEUM is now conducting a reverse ICO based on Elsol’s proven business model and is currently in talks with global blockchain projects to strengthen its network.
INFLEUM is characterized by its accurate and fair rewards system. The ecosystem counts individual contributions and performance in all parts of the brand publishing processes like marketing, distribution, consulting, legal service and finance on blockchains.
INFLEUM is a reverse ICO project launched by ELSOLCOM. Reverse ICO refers to an ICO implemented by a company already providing a commercialized platform or service. Reverse ICO’s by companies establishes a sound level of credibility due to verifiable stable business operations, and therefore has a higher probability of success, opposed to ordinary ICO’s that require more risk from the investors.
INFLEUM’s presale finished past month, and the team has been fortifying its global network by participating in a number of blockchain events: Mars Finance Summit NYC, LA Start Engine Summit, World Investment Forum Geneva, a Binance Meet-Up, Crypto Challenge London, and Malta Blockchain Summit 2018.
The team’s priority is speeding up INFLEUM listing on the exchanges. ELSOLCOM officials said that INFLEUM’s exchange listing will be accelerated by networking at international blockchain events.
An Joon, co-founder and COO of INFLEUM, reveals INFLEUM’s ambition to lower the entry barrier for brands in the world so that even small brands can extend its business abroad, “We expect INFLEUM ecosystem to grow explosively with global influencer participation.”
INFLEUM Meets Chief Economist of Bitmain, Chuanwei Zou
Co-founder and COO of INFLEUM, An Joon, participated in Mars Blockchain Summit NYC 2018 in New York and was seen in acquaintance with chief economist of Bitmain, Chuanwei Zou. Zou was a keynote speaker at the summit, talking on the topic of “Incentive Robustness with Volatile Token”. View the thread here
INFLEUM Participates in ‘Mars Blockchain Summit NYC 2018’
An Joon, co-founder and COO, represented INFLEUM at Mars Blockchain Summit NYC 2018 hosted by Consensus Lab and Mars Finance.
Like INFLEUM, many of the world’s leading blockchain companies gathered in New York to discuss the future of blockchain. At the summit, Joon met with promising blockchain companies, exchanges and potential investors. View the thread here
INFLEUM Talks with Ciara Sun, CSO of ‘Bgogo’
On the 18th, co-founder and COO of INFLEUM, An Joon participated in Mars Blockchain Summit NYC 2018 and was seen engaged in an intense discussion with Ciara Sun, CSO of ‘Bgogo’, about the necessary tech-innovation in blockchain projects.
Bgogo aims to become a community-style cryptocurrency exchange that is “driven by the community and for the community”. Bgogo now provides differentiated services from other exchanges by receiving no fees for the exchange listing. Visit this URL for more info
INFLEUM Meets Evercoin founder, Miko Matsumara
At the Start Engine Summit in Los Angeles held on the 19th, An Joon of INFLEUM got together with Evercoin founder, Miko Matsumara.
Matsumara was at the summit to speak as a panelist on investment strategy with VCs and funds. The two were first acquainted at Futurama Blockchain Innovators Summit in Ibiza about one month ago. Read full conversations
Stay Connected
Website | ANN Thread | WhitePaper
- Facebook: https://www.facebook.com/InfleumOfficial
- Telegram (Eng): https://t.me/infleum_official_EN
- Twitter: https://twitter.com/infleum
- Youtube: https://www.youtube.com/channel/UC4jK5jP_JJjjHD4ovXSXgA
Topic: INFLEUM - an open source publishing platform based on blockchains (Read 96 times)
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