Smilo is a unique full-featured hybrid blockchain platform that will be able to facilitate hybrid transactions, hybrid smart contracts, and hybrid decentralised applications—with ‘hybrid’ referring to both public and private. As such, Smilo will safeguard the privacy of any individual’s data whilst warranting full transparency from the organizations that these individuals interact with. Smilo is based on the unique and self-made Smilo BFT+ consensus protocol. This consensus algorithm combined with the exclusive Smilo Network Protocol (SNP) ensures secure, scalable, quick, and sustainable transactions.
Individuals have become the moral gatekeepers in society, demanding sustainable products and services, while privacy, transparency, and security need to be guaranteed. Due to this societal shift towards accountability and transparency, businesses, governments, and institutes are directed to transition to a more sustainable state. In light of these developments, we identified the need for a hybrid blockchain platform. A platform that provides these public entities with the right tools to reaffirm their relationship with its stakeholders, warranting transparency whilst protecting the individual’s personal data.
For more information on $SMILO tokenomics, download pdf here.