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Smilo - high level of user data protection



Modern man is used to using the remote market for services using the Internet. Of course, it is incredibly convenient - without leaving your home and not wasting extra time on the transfer, arrange all the necessary transactions and operations. But when working remotely, the confidentiality of the information posted is a big threat. Not all electronic services are ready to provide a high level of protection for user information from unauthorized use by third parties. The decentralized Smilo platform that will protect user data when working with Internet services comes to the rescue in this matter. Smilo's work is based on the principles of transparency, security, and resilience to change and attack. Smilo is a hybrid platform, combining a high level of protection and ease of use.

Smilo key features

Smilo runs on its own Smilo BFT + protocol, allowing its users to work 100 times faster than other platforms, including Ethereum. Smilo's artificial intelligence allows you to easily and profitably hybrid transactions using smart contracts, to install hybrid decentralized applications of both public and private type.

Advantages of Smilo

The project is based on the blockchain platform, which is known for its high level of security and high speed of operations of its users. Due to the distribution of the database across different network nodes, Smilo is invulnerable to hacker attacks. The calculations on the project are carried out using smart contracts, allowing transactions to be conducted at high speed for a minimal commission.
The main feature of Smilo is the simultaneous protection of human data and ensuring full transparency of work during interaction. This is achieved by integrating Smilo BFT + and Smilo (SNP) protocols into the system, the latter of which is a network protocol. The platform provides its users with secure and scalable, robust and fast transactions anywhere in the world. Due to the combination of many different components, the Smilo project can be called an intelligent hybrid blockchain platform. Smilo is also compatible with all modern devices, which allows you to quickly and easily install the program.
Smilo is useful not only to the users themselves, guaranteeing the safety of the information posted, but also to companies that receive a 100% guarantee of the authenticity of the information provided. This condition is complied with by the CUS and AML checks of each user. Based on this, with the help of Smilo, it is possible to hold elections both at the state level and at the corporation level, as well as collect donations, keep records in medical institutions with the right of patients to access their personal data, hold open contests and public tenders with the possibility of submitting anonymous applications etc.

Cryptocurrency Smilo

For calculations on the project, Smilo tokens of the same name are used. Total produced 200 million units, of which 85 million Smilo was sent for sale. Now the project is running pre-ICO, under which you can purchase cryptocurrency with a bonus of up to 50%. The minimum investment amount at this stage is $ 25,000. The main crowdsale will be launched next year. Softcap sales are at $ 2.5 million, hardcap - $ 18 million. The fixed price for Smilo is $ 0.25.

Smilo review summary

Thus, the Smilo project is a hybrid decentralized platform that protects user information from unauthorized use. Comfortable interface, high speed and adaptation to any type of device will contribute to the global distribution of the resource.
The development of the project began from the beginning of 2017 and the project website has now been launched, work is underway to develop project protocols, a cryptograph. Next year, the creators of the project plan to launch a stock listing and cryptographic grids. By 2021, the platform will work in full functionality. The investments attracted during the ICO, the project creators plan to direct mainly to the technical development of the project (55%) and the marketing campaign (21%). It should also be noted that at the stage of the main crowdsale bonus system is completely absent.

References:

Authors: YarisRiyadi1st
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