BLOCKv VEE White Paper

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Hello and welcome to this blog post about BLOCKv VEE White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the BLOCKv VEE white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the BLOCKv VEE.

I can ensue you that, you will be able to understand every bits and pieces related to BLOCKv VEE after going through the BLOCKv VEE white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

BLOCKv VEE White Paper

BLOCKv VEE white paper will be going to provide you, all the information that is needed to get started with BLOCKv VEE, including the inspiration for creating, the problem it is trying to solve and the solution proposed by BLOCKv VEE white paper.

Abstract

Network communication is expanding from moving information to the transmission of value. For the first time, anyone can send scarce, authenticated and trusted value without intermediaries. This phenomenon is poised to affect every industry and government process and give birth to a new economy. However, the potential of blockchain to permeate society has been constrained by the complexity of the underlying technology at this nascent stage.

Typically disruptive innovations are first relegated to early adopters and specialized industries or academia, and blockchain has been no exception. To become mainstream, a key milestone must be met – an advance that XPRIZE and Singularity University founder Peter Diamandis calls the “user interface moment”. Diamandis, recognized as among the world’s most prominent futurists and business innovators, describes user interface moments as when a platform or interface arrives that allows something formerly difficult to become easy to use and build upon, unlocking its revenue generating potential.

Diamandis explains that the last most exciting user interface moment was the iPhone and Apple’s App Store. The App Store allowed anyone to bring ideas to life and access a massive global audience. Since 2008, 300,000 developers have written 2 million apps that have been downloaded 140 billion times.

Prior to the App Store providing the interface moment to mobile, the potential to galvanize a creative army of developers and artists remained unrealized. The App Store opened the door to a staggering era of wealth creation and innovation, and changed the way humanity lives, works and plays. Another example is the advent of Mosaic, the world’s first web browser from technologist Mark Andresen.

Mosaic, which eventually became commercially known as Netscape, was the interface moment for the internet. Once browsers allowed developers to rapidly build capabilities that could reach a vast audience with low friction, developers had an economic incentive to proliferate internet technology on an unprecedented scale. An interface moment is when something complicated is suddenly easy to use and can be practically applied to advance a personal or business economic interest.

BLOCKv is the interface moment for blockchain. BLOCKv provides interface protocol overlay on the developer stack – the layer necessary to unleash exponential mainstream adoption. BLOCKv enables the rapid development and distribution of interactive smart objects – “experiential currency” – that interact with the end user.

The most common units of provision for blockchain applications are virtual currencies, and yet the UI layer for this asset has yet to mature. BLOCKv allows the currency to come alive and interact meaningfully with the end user for the first time. In essence, it turns virtual currency into dynamic virtual goods.

The power of distributed ledger architecture is now connecting to the actual end user experience on top of a shared data layer that becomes more powerful with each additional application built. At its heart, BLOCKv is an open source, shared protocol that enhances the underlying distributed ledger and is made available to individual applications. BLOCKv provides the vital piece of plumbing necessary for usercentric, revenue generating blockchain applications.

White Paper Link: BLOCKv VEE White Paper

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