iOlite Blockchain and Smart Contract

in #blockchain6 years ago

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Blockchain network is the new innovation in the transactional system. It makes life easier by making payment from anywhere at any time by the use of cryptocurrency which is also known as virtual currency. Many blockchain networking sites are available in terms of making things right.

iOlite is one of the innovative blockchain networks for the nonprofit organization developing and promoting the platform with a unique and open sourcing solution. It raises though all the language barriers for the blockchain technology for the mainstream users. iOlite works in three processing in three processes by utilizing the blockchain and machine training technologies. It receives the texts as the input language and lastly, it migrates the texts as target programming language.

Innovation of Blockchain

The blockchain technology is an important innovation in this industry-driven by security and freedom. This decentralizes the records eliminating the borders and connects with the people throughout the world. The economics-based cryptocurrency and blockchain networks have attached some technological evangelists.

Ethereum is the most popular blockchain element as DApp. In some special cases, it has motivated the team bringing the newer and advanced solutions as it is the heart of Ethereum technology for the smart contract.

The innovation of Smart Contract

The blockchain is in need of using Solidity to develop the smart contracts on Ethereum. It is a contact-oriented programming language having a clear exposure to the language not being ubiquitous. The developer needs to study syntax and architecture of smart contract. This technology will employ some particular solutions with the smart contract technology reviewing the details mentioning some of the additional features and support of development in a different concept of iOlite.

It imposes interesting mechanisms for Ethereum contract by the creation of ICO crowd-funding methodology. It is a major part of the small contract which will be written for the ICO needs. A smaller number of professionals will require the written application migrating to the blockchain technology. Such tasks will require the capabilities of short term and long term efforts based on the writing smart contracts and understanding the application logic.

The smart contracts are driven b the support of other languages through the Virtual Machines for the smart contracts. The solutions will never utilize the power f the community as the energy will move through the enthusiasm of ICO creation in real products and engineers.

Future Plans

iOlite has a goal to make the blockchain easy and desirable application into the market by making some development in DApp. This will reduce the ICO costs and focuses on the application of ecosystems. The applications will be required for real market as they have faith on the application for making available on the market of mobile applications with the required server with a reasonable place to the blockchain.

This will ultimately develop the iOlite blockchain creating an inexpensive and effective ecosystem for DApps with an easy integration to the FAE modules. The programmers and engineers will develop the mainstream application so that they can write the integrated modules for the blockchain as well.

ICO Idea

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The ICO idea for crowd-funding will create the crowd-based efforts and this will help the development of an extension to the languages. This will motivate people to generate a new structure for the dictionary with a better understanding of formal languages and machines.

iOlite has made up a blockchain network utilizing the language system to make the system edible to the user and satisfy them with quality service.

Website- https://iolite.io/
Twitter page - https://twitter.com/iOliteLabs
Telegram - https://t.me/iolite
Reddit - https://www.reddit.com/r/iOlite/

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