REVIEW SMILO PLATFORM - Hybrid blockchain platform with a conscienc...

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What is the Smilo Platform?

Smilo is a unique blockchain platform which supports the combination of hybrid transactions, hybrid smart contracts, and hybrid decentralised applications — with ‘hybrid’ referring to both public and private. Smilo's intent is to use blockchain technology to create an alternative protocol for decentralised applications.
Smilo is an innovative blockchain platform that will be able to host hybrid transactions, smart contracts and decentralized applications. Low power consumption will ensure the sustainability of the Smilo blockchain, making it eco-friendly while a unique Smilo network protocol will ensure scalability, enabling to create a network that is 100 times faster than Ethereum. What’s more, Smilo will feature low fees, total decentralization and complete Ethereum blockchain and smart contracts compatibility!
Smilo is the hybrid blockchain platform that warrants transparency whilst protecting individual's personal data.
Smilo is based on the unique and self-made Smilo BFT+ consensus protocol. This consensus algorithm combined with the exclusive Smilo Network Protocol (SNP) ensures secure, scalable, quick, and sustainable transactions. Considering these features, we call Smilo our hybrid blockchain platform with a conscience.

VISION & MISSION

Their vision is to facilitate a culture of transparency by making collective data irreversible and publicly available, whilst protecting personal data. This will significantly limit the chance of corruption whilst simultaneously acknowledging the need to protect the individual’s data. A decline of middle men will occur due to the irreversible nature of Smilo’s user-friendly hybrid smart contracts. The combination of public and private transactions on one blockchain platform, based on the Smilo Network Protocol in combination with the Smilo BFT+ consensus mechanism, defines Smilo as a hybrid blockchain platform with a conscience.
Their mission is to create an environment in which the consumer's need for privacy and security will be aligned with the processes of governments, NGOs, financial institutions and corporations. This will be accomplished by warranting full accountability and transparency from corporations, whilst safeguarding the consumer’s needs. This environment will be hosted on Smilo’s decentralised, secure, fast, and sustainable hybrid blockchain platform. Not to mention, Smilo will make their source code publicly available, meaning that future blockchains, organisations and their applications can apply it to their specific needs.

USE CASES

ELECTIONS: Elections or referenda will be facilitated through secure and private voting, ruling out any post-election influence.
DONATIONS: Donations will be facilitated through a private smart contract construction which ensures the anonymous donor that the money will be spent in an honorable way.
MEDICAL RECORDS: Medical records will be owned and managed by individuals and shared with medical institutions and insurance companies upon request.
PUBLIC TENDERS: Public tenders where the RFP’s are being listed anonymously but also definitely and irreversible to avoid adjustments after the assignment has been granted.

ICO

PRIVATE SALE: Their private sale with variable bonus scheme will be defined by time of entry, vesting period and investment planned. Reason for this variable set up is to incentivize our early investors, commit to our journey for longer term (vesting period), also to avoid pump and dumps and other tactics that could harm the stability of Smilo to all of our interest, and then lastly to reward you for your level of investment. This combination will result in a bonus connected to your specific requirements. Furthermore, to protect our investors from significant trading fluctuations, we have decided to gradually release your tokens spread equally over your selected vesting period. So from the launch of our mainnet to the end of your vesting period, we will release a proportionate percentage of your Smilo and SmiloPay every week.
TOKEN DISTRIBUTION: