Blockchain is an immensely valuable emerging technology for businesses small and large. However, the tools and software solutions available are too complicated for widespread adoption. Neblio was born in early 2017 out of the need for intuitive tools and simple solutions to drive the adoption of blockchain technology in the enterprise space. They’ve created an open-source suite of software solutions and a token protocol (NTP1) that simplify the development and deployment of applications utilizing blockchain technology in industries such as Supply Chain, Records Management, Gaming, Asset Tracking, Identity Management, and much more.
Where necessary, the Neblio Platform should allow a method for distributed applications to be able to discover the appropriate Neblio node to use for communication with the network to improve performance and availability. If an appropriate node does not exist, applications should be able to provision Neblio nodes themselves that will become part of the network. Applications should have the ability to monitor the health of the network and deploy new nodes in the event nodes lose connectivity or go down, in an effort prevent network outages and maintain enterprise reliability and availability.
Neblio Key Information
|Hard cap||25,401,875 USD|
|Average price||0.77 USD|
|Tokens for sale||125,000,000|
|Accepting||BTC, ETH, Various|
|Price in ICO||0.2032 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Neblio
Enterprise Adoption & Next Generation Solutions
Despite ever-increasing media coverage of Bitcoin and other blockchain-related technologies, along with countless articles counting the industries that blockchain technology will revolutionize each year (for the last 5 years!) there has been very little adoption of blockchain technology in the enterprise space. Industries that would benefit the most from the inherent advantages the blockchain provides over traditional database architectures are waiting for mature tool sets, developer ecosystems, and packaged platforms to easily develop and deploy new applications, or to move traditional applications off of legacy database architectures and on to a blockchain network.
What are distributed applications?
In the blockchain sense, distributed applications are applications that access and store pieces of information on the Neblio blockchain. These applications typically have a “front-end” client that stores, processes, or displays the data for the application. As an example, consider a theoretical medical application running on an iPad. In a traditional enterprise world, this application would store and retrieve patient medical records from a central database located in the medical office. Doctors can use the application as they visit patients to view and update medical records.
Tokens on a blockchain network incentivize network users to secure and operate the network. In a public blockchain network, bad actors can attempt to attack or disrupt the network for their own gain. In an effort to secure the network against such attacks, the network must have a
method of finding consensus. Traditional networks such as Bitcoin use an energy and computation-heavy method of finding consensus known as proof-of-work.
Users are rewarded with bitcoins for using their computational power to verify new blocks for the block chain and consensus is found when the majority of the computational power on the network agrees, preventing attacks. In contrast, many newer blockchain networks, along with Neblio use a proof-of-stake consensus model. Proof-of-stake works by using the network users’ tokens as votes towards consensus to verify new blocks and secure the network. Users with more tokens get more votes since they have more tokens to lose if an attack on the network is successful.
Simplification as an Enterprise Adoption Driver
Difficulty deploying blockchain networks, developing distributed applications, and packaging the two into something that can be operated internally or by customers externally is the most significant obstacle slowing the adoption of this technology in the enterprise and business world. By providing single API calls to instantly deploy a full Neblio Node, developers will have an easy way to spin up or spin down a local test bed that is directly connected to the global Neblio Network; allowing for rapid agile-style development of distributed applications.
All Neblio APIs will be designed with simplicity as the priority. Enterprise application developers that are used to working with traditional database RESTful interfaces will be able to create new, or adapt old, applications to use the Neblio blockchain to store or access information without knowing complex blockchain details, due to the similarity in API design.