OVERVIEW
The greatest revolution that has hit the world ever is the introduction of blockchain technology. It has brought changed to many sectors including the communication sector. Before the idea of blockchain technology came into existence, the centralized system has been controlling users information or data, depriving people's privacy. The emerged of blockchain has brought decentralization to every sector, which gives users the power to become the master of their personal data. Decentralization ensures that data is protected from cyber attacks, data breaches and manipulations.
Every sectors in the world are implementing blockchain mechanism into their system. The communication sector ought not be left out, and this make a group of an expertise team up to create a platform called SYLO which its aim is to bring decentralization into the communication industry.
Therefore, Sylo has come to bring a digitalized operations into the communication protocol in the quest to bring absolute protection and amiable interconnected. operations between the members and their interconnected apps.
The communicative segment of this network is already in operation with the activities of sylo.io such that it brings a peer2peer communication app for the use of calls,video calls,and voice calling. However, this functions can now be accessed through the provision of the app provided by this amiable setup. This app can then be accessed by the clients via the use of app stores such as the Google play store, and apple store. Not to boost, this app already has nothing less than 18k users across the globe. Cheers!!
This app will make sure that the sylo protocol is implemented as a true digitalized operation that can be boost of as the communication app that provides a true seamless access to the digitalized functions provided by this amiable venture.
What are Sylo's outstanding advantages?
Sylo Protocol Pte. limited is a longtime package company with AN tough package development team that presently contains an operating off-chain encrypted communications app on the market in major app stores. This also provides it with an existing consumer base which will come across to the new platform. The dApp version of this product is currently in closed alpha testing. the corporate plans to adopt uniform data formats so as to form it easier to integrate Connected dApps.
To give its system a head start, Sylo has already partnered with position, a serious blockchain innovations firm, and organized for many of its dApps to become Connected dApps. The offerings that Sylo needs to feature to its system embrace UShare, AN on-demand transport application, and Feedmi, a building reservation service. It also intends to use CentraPay to change the purpose of Sale SYLO token payments within the globe. Sylo can search out alternative partners whose dApps would possibly get pleasure from the addition of its prescript.
The Sylo Protocol works by setting up encrypted peer-to-peer connections between its users, enabling communications through text, audio and video messages. This service will be moved to a blockchain and augmented with a decentralised data storage functionality that could be used to store their chat history as well as other user content. Users will be able to provide access to their stored content as they please. Accessing those functions will require the use of SYLO tokens, which would be used to compensate the nodes that support the system. It will also be possible for users to charge SYLOs for calls (for instance, for professional consultations) or for access to their content.
Clients would access these functions and more through a decentralised version of the core Sylo App. It would allow them to control their profile detail and preferences. Communications could be requested through an address book. The app will always contain an ERC20 token wallet with a dApp directory for Connected Applications. Those may include virtually any dApp that would integrate any or all of Sylo's communications and storage services. With the help of Sylo's App Connector Tool, any such dApp will be downloaded when first accessed and added to the user's version of the Sylo App. This will allow users to access all Connected dApps from the main app. Connected dApps could make use of their users' chat feed and add relevant settings to their profiles. Sylo will use an internal exchange to seamlessly convert SYLOs to the native tokens of the Connected dApps during payments. In exchange for facilitating transactions, Sylo will receive referral fees from all dApps in its ecosystem.
Token info:
Token name SYLO
Price 1 SYLO = 0.0087 USD
Platform Ethereum
Accepting ETH
Minimum investment 100 USD
Soft cap 25,000,000 USD
Hard cap 35,000,000 USD
Restricted areas USA, China, Singapore, Korea, New Zealand
Ratings of SYLO!
This is very fist number of growing project & this project has got a very number of ratings from various top ICO monitoring sites. ICOBench has given them a staggering 4.8 rating. They are getting the big institutions attention and they are hopeful about convincing big corporations and investors to back them.
For more information you can visit SYLO's official site and read their whitepaper. The links can be found below.
Website- https://sylo.io/
Whitepaper- https://sylo.io/downloads/whitepaper_en.pdf
Telegram : https://t.me/sylo_io
Twitter : https://twitter.com/sylo
Facebook : https://www.facebook.com/sylo.io
BountyOx username- arsenalx420