Thanks to blockchain integration technology is entering a new phase of data security. The blockchain startup, , wants to create a more secure way of storing and managing users information through building decentralized database systems. When I say data storage I am not referring to file storage systems like Filecoin and Storj, but data storage fields & management systems. These systems are needed by DApp developers because they are flexible enough for fast and simple data queries providing them with a full range of services on the decentralized internet. This is a major missing piece in the decentralized internet puzzle and with Bluzelle recent , , recent wave of and board like & this coin could be trading at Bluzelle series A funding of $19.5 million partnership with JD.com!! partnerships with high profile blockchain projects like 0x & Zilliqa, world-class advisory Ethereum’s original core developer Ripple’s original creator $20 in 12 months versus $.30 today. Basics: The Bluzelle project was founded in originally to focus only on payment systems but has now expanded their scope. However, it relocated to to take advantage of Asia’s growth potential. Canada around July 2014 Singapore in February 2016 Bluzelle is the for the decentralized internet, making databases more robust and reliable. next generation database protocol The Bluzelle ecosystem will run on a . There will be two participants in the ecosystem. First are the which are essentially miners who lend computing power to the Bluzelle network, upholding the entire database of distributed information. The second actor in the Bluzelle ecosystem is the which are dApp developers looking to store their products on an immutable, decentralized platform. The consumer utilizes the Bluzelle database network and pays for these services in BLZ and BNT tokens. two token economy, BLZ & BNT Producers, ‘consumer’, Price: $.30Ranking by Market Cap: 151Market Capitalization: $48,985,530 USDCirculating Supply: 165,000,000 BLZMax Supply: 500,000,000 BLZTrading Volume (24hr): $5,047,100 USDConsensus: Ethereum consensus Ticker: BLZ Team: The Bluezelle team is lead by . In addition to being CEO of Bluzelle, he is an investor in Bench Accounting and virtual reality startup VR Chat. Pavel also was the co-founder of Storypanda, a digital book platform that published critically acclaimed titles by the world’s best independent authors and media brands. Pavel was in GM and CFO roles for video game studios, including working at Disney Interactive Studios. Pavel Bains The Bluezelle’s CTO is . Neeraj is a software engineer and computer systems architect with over 20 years expertise in cutting edge technology. He has worked on projects for Google, IBM, Hewlett Packard, Lufthansa, Thales Avionics, and Zynga. Neeraj Murarka to the BluZelle team include: Advisors : CTO of Orchid Labs Brian Fox : Original core Ethereum Developer Alex Leverington : Original creator of Ripple Ryan Fugger : CTO of Nucypher Michael Egorov Drivers of Growth: I will start with Bluzelle’s recent China’s largest retailer by revenue and the 3rd largest e-commerce company in the world! If this was announced in a bull market, Bluezelle would have shot up to $10 a coin. Think back to Tron exploding to $.28 just from Alibaba partnership rumors. partnership up with JD.com, Bluzelle’s reliable stores tiny pieces of data on groups of nodes (swarms) across the globe, eliminating any single point of failure. ‘swarm’ technology Bluzelle has because their algorithm stores data in a unique network model that doesn’t depend on data centers, and is able to scale database services in an instant. endless scaling abilities Bluzelle has been built for because it can adjust the number and location of nodes sharding data to reduce request time and increase overall performance. dynamic performance Earlier in the year Bluzelle announced the collaboration with various high profile blockchain projects which included 0x , Zilliqa and Bee Token. Bluzelle has a that includes , CTO of Orchid Labs, , one of the original Core Ethereum developers, , co-creator of Apache Cassandra and , the original creator of Ripple. The company’s impressive advisor list demonstrates how significant the blockchain community considers this technology will be. first class advisory board Brian Fox Alex Leverington Prashant Malik Ryan Fugger In August 2017, Bluzelle raised round that was backed by venture capital firms Global Brain, LUN Partners Capital, and True Global Ventures. $1.5 million in a Series A funding In October 2017, Bluzelle was named in report AND a recipient of technology pioneer by the . Forrester’s ‘Vendor Landscape: Blockchain Technology Providers in Asia Pacific’ World Economic Forum When Bluzelle’s network is fully functioning, its storage at .001 the cost per Tb storage of storage centers owned by Microsoft, Google, and Facebook. storage capacity will be about 10,000,000 times greater than current corporate IT The Bluzelle ecosystem will run on a , similar to NEO & GAS. I believe the BLZ token will act as governance and the BNT will be the gas to power the system. two token ecosystem, BLZ & BNT Bluzelle is able to where ‘producers’ who have excess computing resources (CPU processing power, memory, permanent storage and network connectivity) are connected with ‘consumers’ looking to access additional database space. Big market need. create an efficient crypto-economic ecosystem Headwinds: The product is still early in its development so there could be potential obstacles ahead but their whitepaper and human talent should be able to work through anything that should arise. The success of this project will not only be determined by how good Bluzelle’s product is but also whether it will be user friendly. Since regulation will always trail innovation, the digital currency space can be subject to new regulations in the future. Conclusion: Bluzelle sees blockchain databases as the ideal way to enhance security and make verification easier across partner organizations. Bluzelle is the best way to enhance security and make verification easier within the sharing token economy, as Bluzelle system users are able to rent individuals’ computer storage space to earn tokens while dApp developers use tokens to have their dApp’s data stored and managed. With Bluzelle’s partnership with JD.com, VC backing, world class advisory board, and scope of their project this coin could be trading at $20 a coin in 12 months.
