Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: TurkiyePriest on February 10, 2021, 12:42:14 PM
-
Velas Introducing BitOrbit
Velas BitOrbit: The Revolutionary Decentralised Social Media Platform
The development of Blockchain technology and Web 3.0 has brought power to the hands of the people making systems and businesses decentralized. This has brought a revolution to the World of finance and investment., with the past year seeing billions of dollars being pumped into the crypto space from multinational corporations and institutional investors where retail investors had been the backbone behind the massive influx of funds before now.
Blockchain was created to solve myriad problems from Decentralized finance, to supply chain management, record keeping and e-voting. In it being decentralized, there are still systems that has left people’s data not secured. Conventional and traditional social media platforms like Facebook stores large data of hundreds of millions of users which may seem free but are actually monetized by selling advertisements to bidders willing to pay. The sense of knowing you’re being watched has haunted us for many years now with little that could be done as we use social media to share memories and moments, chat with friends and family far away.
Now Web 3.0 is in development and looks to provide this security and data management to users. Ensuring confidentiality and transparency to the users. What the Velas Blockchain intends to do is provide and develop a more functional “Telegram” with features that demonstrate the advantage of blockchain technology. The big question is why Telegram?
(https://miro.medium.com/max/1280/1*9cAS9iA9TavTOI5arNgv6g.jpeg)
Telegram is an open server storage social network with no limit to its cloud storage, so you can have several sessions without missing data or chats, And it also gives users the leverage to send massive files of up to 2GB. Unlike many other media platforms, telegram groups can support up to 200k participants, and channels having no limit to the number of subscribers. Telegram facilitates the development of applications and bots as well.
To make it even better, what features does the Velas Blockchain intends to deploy?
1. Crypto wallets: with a built-in crypto wallet, users will have the ability to send cryptocurrency from user-to-user either by the method of pay invoice or direct send.
2. Added private groups: with secret chat function between users, the BitOrbit will launch with the functionality of having secret groups so that communication between stable groups can be kept anonymous.
3. Built-in apps: with the way of bots telegram has the potential of multi-app clients, but these bots are bound by pictures, texts, and buttons. This could be replaced with a React Native Components interface where each organization could build the UI/UX of their bot independently.
4. Built-in video feed: While telegram is more like a chat service, BitOrbit will now be more efficient in social media with an integrated video feed.
5. Contact list and Data Synchronization: a user wouldn’t have to invite his friends to new conversations, he easily gets access to the contact list data he used to engage with.
All this modification is something that we at velas hope will inspire customers and users to switch from the ordinary telegram to BitOrbit, backed by Velas Blockchain, which is one of the fastest blockchain out there competing with ETH 2.0, and with the VLX token being the native currency, BitOrbit will serve as a medium for interaction in the decentralized world making transactions, access to the Dapps, Defi and Synthetic assets (vBTC). Revolutionizing the social media landscape.
For questions and enquiries, feel free to join & visit:
Velas Website (https://velas.com/) | Twitter (https://twitter.com/VelasBlockchain) | Instagram (https://www.instagram.com/velas.blockchain/?fbclid=IwAR1QHr8MMQ-wg-9OtYqOneGpIZD-5NgnyLheZqnVuniHuMTnxk_eVCL5CFg) | Facebook (https://www.facebook.com/velasblockchain) | YouTube (http://www.youtube.com/channel/UCZQNv-bdPKppg6akwWggmyQ?fbclid=IwAR2kWtzfI8e3588xJoR4aZUlhysSyjXyHcMDPxY_ttxDPgpIsdfkDrKxVos) |Telegram (https://t.me/velascommunity)
-
Good idea this. Hope it would get on the heights of Howdoo etc. But I haven't seen the Whitepaper, roadmap or team, so I would in all honesty take this with a truckload of salt