Wolot foundation blockchain
It's worth it
the blockchain system is jointly maintained by all of us, and it does not need to specially consume human and material resources. The decentralized structure greatly reces the cost. At the same time, the disclosure of data makes it almost impossible to make false accounts. Blockchain takes mathematical algorithm as endorsement, and its rules are based on an open and transparent mathematical algorithm, which can enable people with different political and cultural backgrounds to reach consensus and realize cross regional mutual trust
in addition to building a monetary system, blockchain also has many application opportunities in the pan financial field. Based on the programmable characteristics of blockchain, people try to add smart contract to blockchain system to form programmable finance, which is represented by smart contract
extended data:
precautions:
the effective behaviors of users on the platform, such as consumption behaviors, are recorded on the blockchain. While confirming the rights, corresponding data rights and interests are allocated to users. OLO can be used not only to exchange goods and services in the whole ecosystem, but also to exchange with other mainstream digital currencies for cash. Such an incentive will encourage users to contribute more valuable data
small and medium-sized enterprises join the ecosystem through API interface, and use OLO to buy big users, big data and large traffic, so as to realize precision marketing and expand the scale of enterprises. In the whole process, user data is desensitized, so there is no need to worry about privacy leakage. Finally, a big data trading platform with shared interests and value appreciation between users and enterprises is built to bridge the business model gap between users and enterprises
as a token backed by data assets, OLO represents the value of the continuous precipitation of big data. The more precipitation of data, the more valuable it is, so OLO itself has value