Currently today,the online businesses is turning to another story as the day passes to the extend that even the users and the developers are not founding it funny any more.
The users are forced to maintain a broad range of accounts in order to be able to interact with an array of their applications. Both the users and the developers are facing different kinds of challenges to the point that there is no cross pollution of value or even utility and to even worsen the issue disparity has bred complexity to the detriment of all and is just a few entities that is controlling the ecosystem.
This is the reason why the sylo protocol was created to put an end to all these issues and then create an environment where users and businesses can come together to amplify benefits.
THE SYLO PROTOCOL PLATFORM
This is a decentralized communication protocol and its work is to facilitates safe and standardized connectivity between users and connected applications on the sylo network.
It provides confidential communication as a utility to the sylo app and this sylo protocol act as confidential networking layer for the sylo application thereby creating peer to peer connections and also providing an efficient way for the users to interact and exchange data confidentially over the network.
This platform is developed to provide a decentralized confidential communication as a utility to all connected applications that is within the sylo ecosystem and it is powered by the blockchain system in combination with other decentralized technologies.
The sylo protocol will be an autonomous communication network that will remunerates resources with SYLOs in exchange for facilitating confidential networking,communication and storage functions.
The platform will also ensure standardized formats for applications as they interact with users and sylo storage. This way it will allow complete interoperability and this is a key component that facilitate functionality and value sharing between connected applications within the sylo ecosystem. The diagram explains more to this
SYLO TECHNOLOGY
The technologies of the platform is made up of client side APIs and services that allow connected applications to perform communication functions with other user on the network.
The decentralized nature of the platform makes it possible for it to perform two distributed services enabling confidential communication and data transfer functions from wallet address to wallet address. These two distributed services are
Decentralised Signalling:-- This include P2P connection establishment,messaging and push notifications will be used to establish encrypted P2P connections on demand
All these connections are confidential and the communications are end to end encrypted which normally flow from one peer to another.
decentralized Storage:- The storage part will be a decentralized network of storage resources and it will be utilized by the connected applications and users on the sylo network.
THE SYLO APPLICATIONS
The application is going to be a decentralize communication and calling applications that is built on the sylo protocol. This applications will be first the application that is built on the block chain based sylo protocol and it will use technology that is already commercialised in the sylo application and they are available on the App store and google play store.
They will provide the backbone for the new user to converse safely,exchange value and work together for the mutual benefits.
This application has some key features and they include
Profile management
Confidential communication
Decentralize address book
Decentralized storage
Connected applications
Token wallet
THE TOKENS
The token name is SYLO and it is a utility token and has many functions in terms of different areas. In the blockchain area its functions are
Real time charging of communications
Profile and address book management
In the area of sylo applications ,its functions are
Use as a means of payment
Purchase confidentiality and enhancing decentralized services
TOKEN DISTRIBUTION
TOKEN ALLOCATION
ROADMAP
TEAM MEMBERS
CONCLUSION
The sylo protocol is a decentralized communication platform and its main aim is to facilitate safe and standardized connectivity between the users and the connected applications on the sylo network.
This is an interesting platform with great concept. It has many great features with professional team members who are very good in what they do. However,I will advice every one to invest in this platform because it worth it. For more information just click on any of the useful links for further details.
USEFUL LINKS
Website-- https://www.sylo.io/
Twitter-- https://twitter.com/sylo
Facebook-- https://facebook.com/sylo.io
Linkedin-- https://www.linkedin.com/company/sylo.io
Reddit-- https://www.reddit.com/r/sylo_io
Bounty0x username-- ifeoma419
This article was created in exchange for a potential token reward through bounty0x.