Overview:
Multiversum is a new ICO project which is bringing in 4th generation relational blockchain technology. Today the world is moving towards a revolutionised technology i.e. “Blockchain”. To make this technology more efficient to handle complex data in industrial and government sector Multiversum has introduced useful features to this technology to overcome the limitations of current blockchain technology.
Problem:
All the three generations of blockchains were evolved to overcome the issue of speed and energy consumption. But the issue still exists. The transactions speed and transactions per block is very slow. The mining process which is carried out in current blockchain technology consumes lot of energy. This has adverse effects on the environment. Current blockchain technology consists of single data entities and to make changes into the whole network requires lot of time which in turn slow down the process.
Solution:
Multiversum solves the problems faced by current blockchain technologies by building a database which can handle complex data grouped in graphs and which are connected to each other.
The features which overcome the limitations of current blockchain are:
Transaction speed:
The transaction speed is increased due to split- re-join mechanism. The Multiversum database contains complex sets of data related to each other and linked to one another. This creates a cluster of nodes and sub-nodes which enables parallel work flows thus reducing transaction time and increasing transaction speed. Multiversum ensures that the funds will be transferred in less than 0.2 seconds on this new platform.
Eco-Friendly
Multiversum is trying to become an eco-friendly project too. The large computational power required in current blockchains increases pollution. Multiversum is eliminating proof of work or proof of stake and replacing it with Proof of Integrity.
Proof of Integrity:
Proof of integrity requires lower computational power. Multiversum is using Proof of integrity to verify and validate cryptographic nodes. Proof of integrity has been deployed in their test market. To verify cryptographic nodes this project uses a random-seed challenge based on the hash for a specific transaction, on each node. This algorithm will check the resolution of every transaction on the blockchain.
Freeze able wallets:
Multiversum is also providing the users a feature known as freeze able wallets in which the user can freeze his/her wallet in case a suspicious activity is recognized in the system. Multiversum is using biometric data of the users to ensure the authenticity and security of the identity of the user.
Team
• Andrea Taini - FOUNDER & CEO, TECHNOLOGY
Previously worked as Senior IT architect in KBC bank. He also holds experience of software architect and senior java developer in MICRO System Inc.
• Michele Roscelli - CO-FOUNDER, INFRASTRUCTURE & INTEGRATION
Earlier he worked as business analyst, focusing on the design and build of BI, CPM and vertical-specific solutions designed on BOARD Toolkit, with proven track record of successful project delivery across different countries on heterogeneous business environments. He was also the advisor of Hydrominer team. He holds experience in Accentur technology solutions as a developer.
• Matteo Monti - CO-FOUNDER, SOCIAL MEDIA & MARKETING
He is currently a Digital Marketing Consultant, specialised in Social Marketing Planning. CAD/CAM Systems Developer and Technical Designer since 2006.
In 2008 he started trading in Forex and derivatives until late 2015, when he switched to cryptocurrencies trading.
Token Matrix:
Token - eMTV
Price - 1 eMTV = 1 USD
Platform - Ethereum
Accepting - ETH, BTC, LTC, DASH, ETC
Soft cap - 5,000,000 USD
Hard cap - 35,000,000 USD
Verdict:
Pros:
• They have good social media hype in very short time after the launch of ICO. They have 4922 members on telegram and 1673 followers on twitter.
• The team members have good IT and software background which can ensure the reliability of their new project.
• They have 6 advisors from technical, scientific and blockchain background.
• This project has partnerships with Greenwill, Eucham and Token Desk.
Cons:
• Its MVP app has only around 100 installs till date. Hence its reach needs to be increased
• The content of the whitepaper should be broken down into more simpler terms
• This project is still under development.
• Queries are not solved efficiently on their telegram channel.
• Road map does not have any clarity about the project.
Whitepaper: https://www.multiversum.io/whitepaper/WP_English.pdf
Website: https://www.multiversum.io/
Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c
