The decentralized data storage for longterm housing and and retrieval of dataģ. The decentralized app for user interactions and data collectionĢ.
Each instance of the app connects to other user instances.
The Tile Platform is serverless it is designed so that at no point does the app need to offload data or connect to a central server.
#Devslopes price software
The Tile Platform is the P2P software that collects and manages data from the LOOMIA TILE and exchanges information with the network of LOOMIA users. Ok so im ready to invest in Loomia - this is amazing!! Wait - we had probably better look at the whitepaper first right? While wearing a tile in your clothing that identifies you sounds a little strange to me - I do think its cool to take my digital identity away from companies like Facebook and Google - selling me to whomever they will.
#Devslopes price how to
In a world where personal data has become a precious commodity, sold behind closed doors by large corporations, the LOOMIA TILE gives individuals the right to own their personal data, along with the freedom to choose how to share or sell it. Let’s look at an example:Ĭurrently in private token sale. They have no idea what they are talking about - no technical expertise. Of all the ICOs you should worry about it’s these kind. What about the big ICOs that say they are building a fully decentralized platform - all on Ethereum? Wow FULLY decentralized - all code living on thousands of nodes and no central database. Is there really any value in a blockchain application here at all? There’s nothing in the white paper except magical rainbows and unicorns and $48 million dollars.Ĭan Ethereum Do What The ICO is Proposing? They DID tell us all about Ethereum to get us excited - but it is only for their payment system. They didn’t tell us where the developers are coming from. I’m not against private blockchains, but they didn’t even specify what technology they are using. Only membership fees are paid in Ethereum (which also isn’t a great idea IMO). So what the media portrayed as amazing new decentralized ICO/product actually has 99.9% of its functionality on a private blockchain and likely private servers - all of which is not public (you don’t get to see what they do with your money/assets). SALT Memberships exist on the Ethereum Blockchain and loan collateral is recorded on its native blockchain. It can be redeemed for products and services and other rewards offered through the platform. SALT Membership is an Ethereum-based Erc20 smart contract representing levels of access to the SALT Lending Platform. This product sounds exciting right? Blockchain backed loans? Wow - and all on Ethereum.
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