WITH XEONFRAME NETWORK, THE WORLD OF ECOMMERCE JUST BECOME BETTER THROUGH DECENTRALISATION...

delilonia (45)in #blog • 7 years ago

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Yes, with no doubt, cryptocurrency has come to stay. Though, many scammers come in the shape of running an ICO of projects that are no where to be found and with no substantial benefits to offer, better projects keep on coming up and providing people and potential investors at upholding their trust in the integrity of blockchain technology and proving them with tangible benefits.
Also, I would like to appraise the daring cryptonaires and believers of cryptocurrency for holding firm to their beliefs and giving everything all it takes. We are all happy we are presently experiency the good side of waiting patiently during down times as the market recovers.
With the development of blockchain technology and the rapid growth of the cryptocurrency market, new opportunities constantly arise in the field of Investment. The more the traditional economy changes its form, new values occur in the digital "world" and plays a significant role in these processes which is played by decentralized technologies, in which cryptocurrencies and digital tokens play a critical role.
Here I am again introducing one of the projects that one should not underestimate its survival and potential of bringing great rewards to the ranks and files of the crypto world with no bias. This project -XEONFRAME- a lots of creatures in its rich ocean that i would want us to explore together.

XEONFRAME NETWORK DEFINED:

Xeonframe is an ecosystem that includes: Xeonframe exchange, platform, and Xeonframe marketplace. Users in the ecosystem can exchange goods and services through the Xeonframe exchange transaction portal. On the xeonframe ecosystem, users can trade (buy and sell) XF coin directly with anyone around the world. This decentralised money exchange function eliminates the burden of fees/charges on exchange transactions, bypassing traditional exchanges. The exchange rate of XF coin will be based on the value on the centralised exchanges. Using the Xeonframe Exchange, users can be a buyer or seller. With payment options that allow users to track their spending habits, users don't need to carry cash in their wallets and keep track of their money every time they make payment.
Also, businesses can also utilize the Xeonframe ecosystem to find a large number of potential customers and are then able to target and bring their services to the vast majority of XE network communities. Xeonframe users may contribute to the development of the xeonframe ecosystem by completing surveys and evaluating individuals and businesses operating on the platform. Users show their honesty and responsibility for the platform, which will make the ecosystem a better place for all involved.

Furthermore ,the xeonframe network is designed yo validate user identity, provide extensible capacity for leveraging members reputation in transactions, and provide protocol hooks for recording arbitrary user transactions. further. the xeonframe Network provides an SDK to facilitate API integrations for buyers and seller reputation lookup. By recording lookups and metadata about subsequent transactions sent through the xeonframe ecosystem that are called from the SDK's, the Xeonframe Network serves an additional role as an auditor. Users performing anomalous lookups will have their reputations upgraded. The xeonframe Network's use of the public Ethereum block chain is intended to ensure the permanence of Xeonframe functionality, providing security for users into the foreseeable future. The Xeonframe Network includes the xeonframe Token, which is a utility token used to buy/sell goods and services, advertise on the xeonframe network, score reputable sellers and reward users who refer others to join the network and can also be used for secure user-user commercial transactions.

THE BENEFITS ATTACHED TO THE PROJECT AND WHY YOU SHOULD CHOOSE IT AS YOUR CHOICE OF INVESTMENT:
Well, many projects like i have mentioned initially just start without having the welfare of the investors, believers and supporters at mind with great ultimacy. However, needless to say, most projects that tend to survive on a long term note would always have a well laid down protocol and plans at providing the general community the best services and products that tend to increase the sustainability and the maximalism of the profits. Highlighted below are some of the provisions this project has in place and in store for the receiving population;

• Service to establish identity and reputation:
Trusted identity provides a level of insurance necessary for users in the xeonframe network to exchange information's, enable actions and buy and sell products and services. The starting point for the root-of-trust (the lowest common denominator) begins with the manufacturer/wholeseller. new manufacturer/whole sellers in the xeonframe network are provided with unique identifier used when registering in the xeonframe network. This identifier is used to access their cybersecuroty and assign a default reputation score to the manufacturer or whole seller. The process of assigning scores to manufacturers/whole sellers for their reputation and use of the xeonframe networks is an essential step to prevent rogue and hackers from entering the network. The identity registry service is the consensus service that validates the integrity of the users in the xeonframe network. The xeonframe network will run an instance of a limited number of identity. Registry servers where manufacturers highly qualified and trusted would earn tokens and scores as a result of their integrity and honest business practice. As the xeonframe network expands, the identity registry servers are to ensure the whitelist is properly formatted, submitted from a trusted manufacturer/whole seller to the buyers and all metadata in the whitelist is consistent with buyer specifications and needs on the identity registry blockchain.

• Decentralised Apps (Dapps) with smart Business contracts:
In the Xeonframe block chain system, there is a concept of decentralised application (Dapps). A Xeonframe Dapp would manage all data and logic that should not be stored on the block chain for privacy and performance reasons. The business logic related to the business transaction could be completely offloaded to the smart Business contract.

• Innovative extensible ecommerce Architecture to be built upon:
Xeonframe network uses the latest innovations in the ecolmerce ecosystem which includes the Xeonframe tokens, developer tools, sovereignty innovation, xeonframe marketplace, shared DATA and Authenticity protocols. This protocols work together to provide a secure and fast ecommerce ecosystem with a decentralised gateway payment system using smart contracts and ledgers. The xeonframe network have been designed to be built upon to extend the services to meet the additional needs of new and existing.

• Scalability:
The proposed architecture leverages Centralised cloud services scalable through traditional means as well as the Ethereum public block chain. They recognise industry-wide concerns about the scalability of the etherejm block chain and will benchmark and forecast key performance metrics to ensure that our services and protocols can serve the necessary use cases. Note that many of the operations they support do not require high throughput writes to the block chain. We will continue to monitor new developments in the space and prepare a migration path if and when scalability becomes a significant concern.

• Fast and secure authentication:
Xeonframe has a process for assigning secure user identifications upon registering and joining the network environment. This allows for immediate and encrypted single-stage handshake communication between buyers and seller using the xeonframe ecosystem, and the cloud infrastructure side using the xeonframe secure communications service. With xeonframe there's no need to exchange certificates or employ a third-party certificate authority solution.

MEET THE TEAM:

TOKEN AND ICO DETAILS:
The token and ICO descriptions are provided below through a shot i made from the whitepaper for a better representation of information..