Complex data analysis poses a particular challenge for large companies and institutions. Over the past ten years, the use of the blockchain technology has made it possible to focus on applications for smart data management. Multiversum is aimed at providing a platform for complex data operations in such a way, that users will be able to implement their applications with the use of Multiversum's technological solution.
https://www.multiversum.io/
Elements and functions of the platform
The database model provided by Multiversum is presented in fully relational structure. Multiversum database is blockchain-driven, and as such, it provides data integrity and security for large-scale systems. Based on the chain principle, the system will bring all data entities into correlation with four related sub-chains, which are:
- users;
- transactions;
- wallet as well as wallet state.
Multiversum will implement a set of properties included in the ACID paradigm, which will guaranty validity of transaction. In case if one of the nodes is no longer available, the system will be able to independently forward a task. On top of that, wallets will be accessible through the biometric input system.
The infrastructure of the platform will include the following features:
Relational Crypto Database
Relational database allows to structure data in a multidimensional way, such as graphs and tables. Using both blockchain and database properties, it will ensure high transaction speed featuring wide-ranging data as well as high capacity based on the principles of decentralization.
Frozen Assets
For security purposes, wallet users will be able to freeze their assets.
In- and outbound coin flow
Native off-chain adapter will be installed to track incoming transactions.
https://www.multiversum.io/
Technical implementation of the project
Multiversum harnesses AGILE methodology for networking processes. It takes less than a second for a transaction to be included in the block. That is how different database tasks can be executed in parallel, enhancing horizontal scalability.
Proof-of-Integrity is an innovative solution, which is built upon algorithms to analyze responses from the nodes. With its implementation, developers intend to replace well-established PoW and PoS protocols. One of the reasons for this solution is the need for computing power optimization.
Among others, platform interface is designed to effectively operate upon the following mechanisms:
1. Data sharding
For better scalability and higher speed, chain-split mechanisms will be implemented on the platform.
2. Rollback operations
The system can restore a database to a previous state as specific transaction sets can be canceled.
3. Cryptographic key
Biometric data will be used as a means of authentication.
4. ERC23-standard
The platform will be operated with ERC23 interface, which allows for interoperability with ERC20.
5. Advanced API functionalities
Multiversum presupposes both cloud and software development techniques to be adaptable to various structures.
6. SQL-related language
In order to facilitate the procedure of the application development, the system will rely on SQL-related language.
Fields of application
Digital security is a cause of concern that may become more appealing to a wide range of economic sectors, as well as administrative, educational and health care segments, etc. Large companies and institutions alongside private client are the target audience of the platform.
Due to the distributed ledger, third party developers will be able to utilize Multiversum in order to create applications based on its infrastructure. The platform can be interfaced with Java(Script) and Spring, as well as other modules.
Token Sale Plan
From the perspective of the global market, Multiversum aims to build a strong economy around the Versum coin:
The main objective of the Multiversum 4.0 Blockchain is to provide institutions with an infrastructure to place their data into blockchain. For this purpose, Multiversum has modified the established blockchain technology and developed a relational blockchain-driven database with enhanced transaction speed and security. Among others, the platform is equipped with innovative features, such as using biometrical data as private key as well as data sharding and visualization to increase a decentralized environment.
By means of the techniques described above, Multiversum Blockchain will take advantage from parallel work, increased security and scalability, as well as flexibility of the system. This solution is in particular demand by institutions with complex requirements on the one hand, and businesses who are looking for functionalities on the other hand.
Links:
Website: https://www.multiversum.io/
WhitePaper: https://www.multiversum.io/whitepaper/WP_English.pdf
Telegram: https://t.me/MultiversumOfficial
Facebook: https://www.facebook.com/MultiversumBlockchain/
Twitter: https://twitter.com/MultiversumBC
Medium: https://medium.com/multiversumbc
ANN: https://bitcointalk.org/index.php?topic=2955830.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.