DAPPS USE CASES FOR BLUZELLE

PREDICTION MARKET:

The prediction market works best when they can store larger amounts of data and manage them efficiently. This way decentralized predictions markets can be done which includes:

• The question being asked
• The different possible outcomes
• The predictions being made
• The sourced information for the actual event.

One of the many benefits of a decentralized database as Bluzelle is that it can scale and grow as per product needs. Bluzelle provides really fast and secure access to data and this way chances of prediction markets to be correct increases and this success of the prediction market attracts more customers and increases participation. The historical data stored on Bluzelle allows for more efficient prediction as it reduces human efforts and time so that they can use past events to make better predictions and have better results.

CURRENCY EXCHANGE PROTOCOLS:

An important part of currency exchange protocol is the relayer who ensures that maker and taker are connected via off-chain order books. Relayers’s job is also to store these order-books each in their own way. In order for this to be done, order-books must be fast, reliable, and easy to supply by the relayers. Bluzelle is a decentralized database and when currency exchange protocols use their database it can provide relayers with a consistent, reliable, standard, and ubiquitous database that would be available with no effort. This will enhance the service level and quality of relayers.

DATA STREAMING NETWORKS:

As Bluzelle is a decentralized storage database, It provides perfect precise infrastructure so that the data streaming network can store its data to meet the requirements. Data streaming requires a continuous transfer of data at a steady, high-speed rate. Data streaming networks matchup the consumers of data points to producers of data points. The data points have to be both readable and writable which has high availability, scalability, and reliability. Bluzelle works perfectly as a database solution to these data streaming networks.

TARGET MARKET OF BLUZELLE:

Bluzelle targets 3 groups to become mainstream:

DAPP DEVELOPERS:

dApp developers are the early adopters and the developers are the fastest-growing segments in the software industry. The developers are building Applications and write blockchain-based applications that gain the benefit of other decentralized technologies that are complementary to Bluzelle. They can also store their data securely on the Bluzelle database.

SMALL-TO-MID SIZED DEVELOPERS:

This extends to the early majority, which includes developers that are building common web, mobile, hardware applications, utility software, and many other software products.

ENTERPRISE SOFTWARE ARCHITECTS:

This is the late majority. Like on a bigger scale where enterprises who find how developers and dApps are using Bluzelle and then have the validation to move their data storage to Bluzelle decentralized database.

BLUZELLE TOKENS:

• Ethereum ERC-20 external token: BLZ

This externally-tradable token bridges the Bluzelle native token (BNT) with Ethereum’s own native (ETH) token.

• Bluzelle network token: BNT

An internal token to Bluzelle alone that enables the Bluzelle crypto-economy, where consumers pay and producers earn.

The infographic explains the process in detail: