INTRODUCTION
The digital evolution has caused e-commerce and internet trading to deviate from FIAT currencies to digital currencies, owing to the fact that e-trading is global. This development has motivated the emanation of different cryptocurrencies which of course, are limited in acceptability, due to the ever nagging problem of interoperability in different platforms. With different platforms building boundaries which hinders a cross-chain trade, transfer of internet values has become a tedious activity. Lack of consensus and agreement has caused a lot of security threats as every platform tends to maintain balance without thinking of a broader operation.
The above mentioned has deterred collaborative convergence between chains and has discouraged wider application of blockchain and value internet. This has however caused a grown concern which motivated the establishment of the SEELE project which is aimed to underlying the communication protocols of chains, rebuilding network infrastructures, creating a fresh cross-chain agreements which would be more accommodating in order to promote development in the blockchain and the value added internet at large.
ABOUT THE SEELE PROJECT
SEELE is an innovative project proposed to create a new era of value internet. The goal of this project is to create standard promoters, network builders and eco-preachers of value internet infrastructure. The project also aims to integrate the essence of layered model of internet fundamental protocol and to also provide a solid agreement guarantee which would promote interoperability of resources and the collaborative computing of heterogeneous networks. This project also proposes to provide a powerful foundation platform with a high speed pipe for the free and safe circulation of resources and positioning, discovery and also transfer of value across the global chain.
WHAT MAKES SEELE SO SPECIAL
The uniqueness of SEELE cannot be overemphasised. The platform proposes an open system architecture which is aimed to meet the requirements of portability, customisation and interoperability in fundamental protocols and standards functioning framework with higher level applications.
Making Efficiency a Priority
One thing that has been lacking in the cryptocurrency platforms is efficiency and speed. When one is present, the other is scarcely noticed. The SEELE system provides an efficient business platform which is stable and fast with accurate value of transfer. It can only get better.
Isolation of the Resources
With the limitations of single blockchain structure, it will be very unwise to adopt the same structure. The system adopts a partitioned hierarchical multi-chain mode. This however eliminates the issue of multi-service interference and promotes a swifter and smoother operation.
Expansion and Adjustable Computing Resources
To achieve a dynamic planning and adjustment of computing resources and storage capacity for different business requirements, the proposed system supports a dynamic expansion of blockchain network structure. This however means that the efficiency parameters can easily be adjusted for different environments. This would no doubt enhance the system’s concurrent performance.
Assured Security, Data Privacy and Confidentiality
The system is designed to dispatch data to the executive environment through the intelligent contracts in a capsulated sandbox. This execution environment is however divided into two types of cases thereby executed on the contract virtual machine and on the computing resources outside the chain. With the secure multi-computing cryptography algorithm proposed by the system, there is no threat of compromise on the multi-party data combination as computing is completed on the contract virtual machine of the intelligent contract cluster.
CONCLUSION
The core value of the blockchain and the value of internet cannot be fully enjoyed with cross-chain boundaries. Building a cross-chain agreement is the easiest way to promote the digital economy. With sophisticated technologies and digital technologies in place, it becomes very crucial to always keep the security of the blockchain in check. The multiple chain structure and the secured interoperability plan proposed for this project makes it a solution we have been waiting for in the cryptocurrency trading.