Seele is a decentralized platform based on the blockchain technology that promotes the wider application of Value Internet protocols, networks, and applications ecosystem.
As a result of the latest technological advancements in recent years and the emergence of the blockchain technology, a lot has really taken place in the technology landscape.
As it relates to the blockchain, various blockchain systems continue to emerge. The application of blockchain also continues to gain entry into wider areas of application.
The most astounding areas of the application of the blockchain technology are in the areas of consortium chains such as Fabric and Corda, and digital cryptocurrencies and public chains such as Bitcoin and Ethereum.
Notwithstanding the recent breakthrough in the development and application of the blockchain technology, some problems still remain and continue to emerge.
Some of the problems which have emerged include the inability to support diverse business scenarios.
Other problems include the inability to share assets across different blockchain networks and the inability to scale for large-scale performance.
**Why Seele? **
The name Seele is German for the word soul. This represents the core of the Seele solution, to be the soul of the innovation of a new era of Value Internet.
In an attempt to deal with the emerging problems identified with the blockchain technology came, the conception of Seele.
Seele would be dealing with the identified problems of the blockchain. Seele is pushing to achieve breakthroughs in different aspects of the blockchain.
The Seele Solution
The Seele platform would be creating a Heterogeneous Forest (HF) Network architecture which would be offering a good scalability potential that will accommodate a high level and wide variety of applications and scenarios which can provide customizable solutions on demand through its perfect mechanisms resource.
Seele would also be offering a Quick Value Internet Connection built on TCP/UDP-based low latency protocols.
A neural consensus algorithm would also be adopted to improve the fault tolerance of the platform from 33% to 40% without any significant impact on the performance of algorithm when compared to the more used Byzantine Agreement (BA) algorithm.
Also, to address the service of Value Internet assets and entities the platform would be deploying the Value Transport Protocol (VTP) and Value Hypertext Transfer Protocol (VHTTP Protocol) to achieve a seamless integration with the internet resources to build underlying protocols and internet services for the blockchain ecosystem.
Understanding the Seele Ecosystem
It is an accepted fact that the development of the blockchain technology at its current stage has gone beyond the level of simple book function.
Seele is proposing a super-distributed cloud computer with a network of millions of TPS complete storage system. The platform would be providing a richer experience. The Seele ecosystem comprises industry applications in:
• Games. Blockchain being truly decentralized has enabled for the emergence of characters which exist on the network.
• Internet of Things (IoT). Through its EDA consensus algorithm, Seele offers better security and transparency for the Internet of Things at a low cost than is currently available.
• Other Enterprise Applications. Seele’s forest-chain structure makes it easy to create enterprise-specific solutions.
• Social Platform. Being built on a social platform makes it possible for participants in the community to contribute content for tokens.
Token
Seele utilizes the token economy. This would encourage contributions from the community making Seele a truly decentralized blockchain platform.
Conclusion
As advancement in the development of the blockchain technology continues to grow, Seele is leading the part for future developments of the blockchain technology.
The security of the network should also be of paramount importance so as to increase reliability on the platform. To learn more about Seele’s project, click on any of the links below;
website, whitepaper, telegram, twitter, facebook
Author - Coltpython
