Altcoins Talks - Cryptocurrency Forum
Learning & News => Tokens/Coins Offerings (ICO, IEO, etc.) => Announcements [ANN] => Crypto Reviews => Topic started by: unideca on August 08, 2018, 02:45:51 AM
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Rebornbloc ICO, Smart contract
ReBorn Energy Bloc was developed to provide transparency and reliability in data during the waste
treatment process, as. Its purpose is to be used in all transactions occurring throughout the waste
management and waste to energy conversion process. The platform of the ReBorn Energy is
operated by the generation and storage of data throughout transactions and waste treatment. To
that end, Smart Contract was developed based on Ethereumand follows the ERC 20 standard.
In applying blockchain, the most important part is smart contract of waste transaction record as its
main purpose is to ensure fairness, transparency and smooth transactions.
By developing a platform that combines a centralized structure with the de-centralized storage
technology of blockchain, the key data fields are turned into blockchain to improve data reliability
and prevent forging and falsification for transparancy. At the same time, by opening the blockchain
browser, this allows counterparty to access transaction details easily.
Smart contracts on waste transaction history logs are stored in a de-centralized space and thus are
not supervised, managed or reviewed. Research and development is focused on distribution frame
method based on Ethereum, most stably used coin internationally.
Smart contracts for transactions serve as an automatic guarantee for users. As such, transaction
process is completed only when the required value of specific terms is entered and authorized. The
transaction data are automatically stored on blockchain.
The difference from traditional services code would be that those who wish to view the transaction
history can look up the entire transaction record. Due to the scalibility and high availability of the
technic, refactoring is not required for the structure of planform when faster expansion is needed
upon the increase of the number of transactions of businesses and workload. By drawing in more
developers, we plan to further build out the eco-system for logs that record waste transactions.
Converting the waste management transaction logs into blockchain-based format is the fruit of
several years of hard work by our technology team that succeeded in the R&D of both existing
systems and blockchain systems. We plan to stay abreast with the progress made by clients within
the transaction system. A more detailed timeline can be found on the roadmap.
For more information, visit our website https://rebornbloc.info/
Thanks