Although the open source decentralized application is built on newly created private federated blockchains, blockchain usage will increase in every aspect of our lives.
Blockchain technology may not be able to replace current intermediaries such as banks, companies like Google or Grab as some have predicted, especially in the short term. However, even if the intermediaries are not being replaced, you will eventually encounter Blockchain technologies from the distributed blockchain ledgers at work, smart contracts, decentralized applications. or can decide to choose a Blockchain-based solution to current alternatives in many areas of life.
There are still many deep criticisms and concerns about Blockchain technology, Bitcoin is a prime example of this situation. Many criticisms are made because Bitcoin is the most viable, widely accepted, global and famous application of Blockchain technology in the world. Blockchain is still in its infancy, closely related to Bitcoin, and many open source cryptocurrencies are created each month.
Even so, governments will continue to attract Fintech startups to collaborate with banks, businesses and financial institutions to create jobs, stimulate trade, and boost economic development through new technology based on Blockchain.
Today I will introduce to you a project using blockchain technology and come from Korea
Assemble Protocol is created by professionals to be a blockchain based worldwide point integration platform. The platform serve as a medium to connect point vendors (business), consumers and retailers (both customers and business), essentially addressing the problems affecting the bonus market. In Assemble Protocol, points will be acknowledged and used as a valuable asset globally.
Furthermore, Assemble Protocol will help point suppliers to develop their data structure which serve as a good solution for business marketing or advertising. Therefore, any existing business can explore and expand their services via using the platform as a competent means to establish new advertising strategies as well manage their ads effectively.
Moreover, earned points can easily monitored and manage by users through Assemble platform. Consumers can cash out or spend their points to purchase goods and services in PX or alternatively convert their points to ASM and ASP tokens which comes with additional benefits.
Why did Assemble choose blockchain?
Assemble Protocol Generate bonus points for an asset In fact, in order for an intangible digital asset to be valued or considered valuable, it is necessary to exist or ensure the reliability of the collateral. By using blockchain technology, you can encrypt your paint, while at the same time gain reliability, in order to safely and transact your tokens within our platform. If platformi is integrated without the prior price of blockchain technology, the sinking costs associated with the issuance, reliability, and security of the digital asset will be quite high.
Additionally, Scalability to global markets ASSEMBLE protocol is a point integration platform based on blockchain technology. To provide worldwide service, we should address various issues related to exchange rate changes, delayed money transfer times or shipping charges. For example, if we combine reward points between ASSEMBLE YWMobile partner and future global partners of ASSMBLE, we will be obliged to consider things like exchange rates, transfer speed and commissions.
However, since the asset is issued using standardized blockchain technology, this allows us to solve the problems related to exchange rates and commissions. The Blockchairi technology can integrate reward point networks that are connected between different global partners into a single blockchain network, which could also speed up transfer times. In the future, not only Korea-based suppliers and consumers, but probably worldwide will have the option of becoming ASSEMBLE partners and through the ASSEMBLE Protocol platform, they will be able to reduce barriers to expand into global markets. All the rewarders' collection and transactions will be recorded in the blockchain, which helps prevent any tampering and falsification, This will help build security and reliability.
TOKEN DETAILS
Assemble Protocol is driven by two innovative trademark tokens namely ASM and ASP tokens.
The ASM token is developed as a utility token that can be used within the Assemble Protocol infrastructure. ASM tokens can be purchased in cryptocurrency exchanges or given to users in form of rewards.
Owners of ASM tokens will be given every opportunity to make use of benefits offered through buying and staking of ASM. Also, point vendors and retailers can run special events or promotions that gives satisfactory benefits to ASM holders.
The ASM token is developed on Ethereum blockchain and complies to ERC20 protocol, with total supply of 1, 500, 000,000 units. 375 million tokens is sold through ICO and unsold tokens will be burnt while tokens given to Team and Founders as well early supporters will be locked up as smart contract.
On the other hand, ASP token is also an important option of payment in Assemble Protocol. Consumers can buy ASM token and exchange it for ASP tokens.
ASSEMBLE Protocol іѕ designed tо solve ѕо mаnу problems. Financial freedom, thе ability tо quickly confirm transactions, nо limits whеn working wіth data - аll thіѕ саn bе obtained bу people whо аrе ready tо trust thе developers оf thе ASSEMBLE Protocol project. Thеу асtuаllу approach solutions tо existing problems, opening uр nеw opportunities fоr thеіr clients.
For more details, use the official links below
Website: http://assembleprotocol.io/
Whitepaper: http://assembleprotocol.io/paper/assemble_whitepaper_ver1.0_kr.pdf?200820
Telegram: https://t.me/assembleprotocol
Twitter: https://twitter.com/ASSEMBLE_io
Facebook: https://www.facebook.com/Assemble-Protocol-102092401488638/?modal=admin_todo_tour
Reddit: https://www.reddit.com/r/ASSEMBLEprotocol/
Author:
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