Huntington, NYC (Crypto Press Release) June 20th, 2017 – BlockPool is highly delighted to announce that it has taken a strategic position for the delivery of a range of blockchain solutions for various organizations operating in different industries all over the globe. BlockPool provides specialist blockchain based solutions via custom forks of blockchain code. Although much of the blockchain framework code is open source, it is the manipulation and modification of this code (for example to create private blockchains) that yields its true value.
Though blockchain technology should not be considered the solution to all problems under the sun, the benefits it brings to individuals and corporations are extensive. Companies are always looking for better and cheaper ways to manage their data and in some cases; the attributes of blockchain technology have made it the perfect solution. However, as a new and disruptive technology, integrating current company systems with the blockchain technology requires an astounding amount of effort and knowledge, and blockchain experts aren’t exactly in abundance. Furthermore, finding an expert or company that specializes in the specific industry of operation can also prove to be a challenge.
BLOCKPOOL OFFERS A RANGE OF BLOCKCHAIN SOLUTIONS FOR THE REAL WORLD
In response to these challenges, BlockPool was born to deliver a wide range or “pool” of blockchain-based solutions specializing in various kinds of industries such as: Arts & Media, FinTech, Brands, Music, Sports applications and many more. The BlockPool platform will enable corporations to start working with Blockchain technology and to integrate it into their business model without the need for extensive research and previous technical knowledge on how blockchain technology or a specific blockchain works.
“BlockPool allows companies to take advantage of our Masterchain which is an open-source Delegated Proof of Stake (DPoS) blockchain platform that comes complete with full BAPP functionalities. Companies can make the most of the Masterchain through the deployment of customized sidechains which can be created to suit each company’s needs” stated Mr.…….the founder and CEO of BlockPool. “This system allows companies to share information with other organizations, if needed, while allowing organizations to retain complete control over their own private information”.
If a company requires a publicly accessible and verifiable blockchain, BlockPool can create a sidechain and platform plugins to facilitate communication with existing legacy systems, allowing the two to share datasets, thereby speeding up business transactions and verifications as well as facilitating data storage whenever necessary and in the best way possible. If the company requires a private or pseudo-private blockchain, however, they are able to maintain their own private sidechain.
BlockPool also provides an additional array of tools that make working with blockchain technology much easier and familiar for entrant corporations. For example, fiat pegging allows companies to retain a token reserve equal to their bank account balance through the implementation of a burn/stake method that ensures a one to one peg on all private chain tokens. Several plugins that facilitate intersystem communication, file storage, and many more, are also provided.
In order to fund the development of this technology, BlockPool will be hosting a Token Exchange Campaign (TEC) in which 20 million out of 25 million BPL tokens will be available. Funds raised during the crowdfunding campaign will be held in Escrow and released on a milestone basis in order to protect participants in the TEC. Furthermore, 5% of all net profits of the company will be distributed to all BPL holders as a revenue share (converted to BPL) once per year after official accounts are submitted and approved.
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