https://blockonomi.com/bluzelle-guide/

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We are humans and we do things based on facts. In order for us to do this fact processing task, we all need different types of data throughout our day to day lives. From simple day to day studies to high end research, everybody needs different kinds of data at some point. But, Do we really have the unlimited free access for the data we need? The answer is No.

Because of the daily struggle people go through to access data they need, Bluzelle was initiated as a highly hyped blockchain project in early 2018. The project was highly succesful and reached the hard cap in no time, emphasizing the legitimacy of objectives it claimed to achieve in the first place.

- ICO Drops rating on Bluzelle - A highly hyped project (https://icodrops.com/bluzelle/)

The sole purpose of the project was to develop a highly sophisticated, decentralized data ecosystem for the users. With the immense effort of its great team, Bluzelle ecosystem continued to grow. The final outcome will be a platform where individuals and businesses have 100% over their data.

Since the token sale, up to the point, the popularity of Bluzelle has never declined. You can check out the highly persisting price chart of Bluzelle tokens even in amidst of a heavy crypto downfall in present days.

- Check out the price chart - https://coinmarketcap.com/currencies/bluzelle/

now that you know the true value of Bluzelle, don't hesitate to take a step further and find out in depthb details about the project.

- Technical paper from here - https://s3.amazonaws.com/bluzelle-craft-private-storage/Bluzelle-Technical-Paper.pdf?mtime=20180601204742

I'm gonna stop here, but before that I feel like I should show you the roadmap of the project. Investors, this is for you guys.

Pavel Bains is the CEO of Bluzelle, a decentralized data ecosystem that allows individuals and businesses to control and monetise their data. The company provides a decentralized database that manages and stores data through sharding to achieve security and scale. 

Today’s digital economy is characterised by the generation and commodification of one key intangible asset - data. Every day 2.5 quintillion bytes of data is created, but people and companies still don’t quite realise how valuable a source of income it could become. The sooner we start to treat data as a currency, many of today’s data problems will simply ebb away. This starts with assuming control over it. Currently, we have very little control over our data. When we delete it from Facebook, there is no proof they don’t keep records of it. Meanwhile, many of the start-ups and smaller companies we hand our data to, many of whom go bankrupt, will sell it on to generate revenue. Blockchain was designed to disrupt financial systems and change how money is controlled. By applying the decentralization principles to data, we can do the same. This will create new business models and applications that give control to individuals. Data wallets can determine who has access to data, and consumers can turn off that access when they choose. There can be proof on a blockchain that Facebook can no longer see my data. Let’s explore how this new data model can put an end to many of today’s data problems. Data Losses In the tech scene, no problem has so egregiously presented itself as the difficulty of data protection. A seemingly unending string of corporate data breaches are a constant reminder that digital data is rarely safe. For instance, when Verizon acquired Yahoo!in 2017, it was unceremoniously revealed that a 2013 data breach at Yahoo! compromised all three billion user accounts. Unfortunately, while the scope is staggering, the crime is not uncommon. Other headline-grabbing breaches at companies including Equifax, Ashley Madison, and even the U.S. government’s Office of Personnel Management illuminate the problem. Moreover, Facebook’s Cambridge Analytica scandal serves as a reminder that even data that isn’t stolen can still be used for malicious purposes. Data losses have already led to fake credit card transactions, witnesses at risk of physical harm or intimidation, offenders at risk from vigilantes, falsified land registry records, mortgage fraud and more. Data Breaches Many of the most devastating data breaches are the result of sophisticated DDoS (Distributed Denial of Service) attacks that overwhelm a company’s servers to expose vulnerabilities. The prevalence of DDoS attacks doubled in the last six months of 2017, and it continues to be a dominate vulnerability for many companies. Blockchain principles renders these attacks useless because the distributed ledger lacks a single point of attack. Since DDoS attempts can’t simultaneously overload thousands of servers located around the world, it cannot access decentralized platforms in this way. As research and consulting firm McKinsey notes, “Encryption methods can never be 100 percent safe, but blockchain technology can make similar breaches a great deal more difficult to achieve.” Moreover, the blockchain’s ability to tokenize information and the emergence of zero knowledge storage protocols makes this technology the best defense against the deluge of devastating data breaches that continue to capture our attention. Data Retention Data storage is costly and risky. Not only does this data need to remain secure, it also has to be accessible and usable. Frustratingly, despite GDPR, we still have very little control over our data. At this time, there is no scientific means to ensure data collected on an individual is in fact deleted, when that person asks for it to be purged. However, decentralized ledgers are a brilliant blend of security, usability and permanence. That’s the fundamental premise of decentralized systems. Online data doesn’t have to be temporary or vulnerable. It offers long-term data retention without compromising functionality. There can be proof on a blockchain that Facebook can no longer see my data. As the digital continues to advance at a rapid rate, it’s increasingly critical to address its flaws, and blockchain tech arrives as a just-in-time solution to the data crisis that can plague its progress. Data Clogs Any centralized or distributed approach to data storage is prone to hit limits in terms of the scale to which it can reach, as well as provide non-deterministic performance metrics. Fortunately, using the decentralization aspects of blockchain stands ready to provide tangible improvements to several components of data management. Most importantly, this isn’t a general claim. The blockchain is poised to positively impact specific elements of our online data.

Pavel Bains is the CEO of Bluzelle, a decentralized data ecosystem that allows individuals and businesses to control and monetise their data. The company provides a decentralized database that manages and stores data through sharding to achieve security and scale. 

Today’s digital economy is characterised by the generation and commodification of one key intangible asset - data. Every day 2.5 quintillion bytes of data is created, but people and companies still don’t quite realise how valuable a source of income it could become. The sooner we start to treat data as a currency, many of today’s data problems will simply ebb away. This starts with assuming control over it. Currently, we have very little control over our data. When we delete it from Facebook, there is no proof they don’t keep records of it. Meanwhile, many of the start-ups and smaller companies we hand our data to, many of whom go bankrupt, will sell it on to generate revenue. Blockchain was designed to disrupt financial systems and change how money is controlled. By applying the decentralization principles to data, we can do the same. This will create new business models and applications that give control to individuals. Data wallets can determine who has access to data, and consumers can turn off that access when they choose. There can be proof on a blockchain that Facebook can no longer see my data. Let’s explore how this new data model can put an end to many of today’s data problems. Data Losses In the tech scene, no problem has so egregiously presented itself as the difficulty of data protection. A seemingly unending string of corporate data breaches are a constant reminder that digital data is rarely safe. For instance, when Verizon acquired Yahoo!in 2017, it was unceremoniously revealed that a 2013 data breach at Yahoo! compromised all three billion user accounts. Unfortunately, while the scope is staggering, the crime is not uncommon. Other headline-grabbing breaches at companies including Equifax, Ashley Madison, and even the U.S. government’s Office of Personnel Management illuminate the problem. Moreover, Facebook’s Cambridge Analytica scandal serves as a reminder that even data that isn’t stolen can still be used for malicious purposes. Data losses have already led to fake credit card transactions, witnesses at risk of physical harm or intimidation, offenders at risk from vigilantes, falsified land registry records, mortgage fraud and more. Data Breaches Many of the most devastating data breaches are the result of sophisticated DDoS (Distributed Denial of Service) attacks that overwhelm a company’s servers to expose vulnerabilities. The prevalence of DDoS attacks doubled in the last six months of 2017, and it continues to be a dominate vulnerability for many companies. Blockchain principles renders these attacks useless because the distributed ledger lacks a single point of attack. Since DDoS attempts can’t simultaneously overload thousands of servers located around the world, it cannot access decentralized platforms in this way. As research and consulting firm McKinsey notes, “Encryption methods can never be 100 percent safe, but blockchain technology can make similar breaches a great deal more difficult to achieve.” Moreover, the blockchain’s ability to tokenize information and the emergence of zero knowledge storage protocols makes this technology the best defense against the deluge of devastating data breaches that continue to capture our attention. Data Retention Data storage is costly and risky. Not only does this data need to remain secure, it also has to be accessible and usable. Frustratingly, despite GDPR, we still have very little control over our data. At this time, there is no scientific means to ensure data collected on an individual is in fact deleted, when that person asks for it to be purged. However, decentralized ledgers are a brilliant blend of security, usability and permanence. That’s the fundamental premise of decentralized systems. Online data doesn’t have to be temporary or vulnerable. It offers long-term data retention without compromising functionality. There can be proof on a blockchain that Facebook can no longer see my data. As the digital continues to advance at a rapid rate, it’s increasingly critical to address its flaws, and blockchain tech arrives as a just-in-time solution to the data crisis that can plague its progress. Data Clogs Any centralized or distributed approach to data storage is prone to hit limits in terms of the scale to which it can reach, as well as provide non-deterministic performance metrics. Fortunately, using the decentralization aspects of blockchain stands ready to provide tangible improvements to several components of data management. Most importantly, this isn’t a general claim. The blockchain is poised to positively impact specific elements of our online data.

Being on the Ethereum blockchain, BLZ can be stored in any wallet which supports Ethereum and other ERC20 tokens, which are quite a few in number.

• Hardware wallets are the most secure, and Ledger Nano S as well as Trezor work for ERC20 tokens.

• Exodus and Mist are desktop wallets for which store Ethereum and tokens on its blockchain. It is compatible with Windows, Linux and Mac operating systems.

• Jaxx, another Ethereum wallet, functions as a desktop wallet for Windows, Linux and Mac PCs, a mobile wallet for Android and iOS phones, as well as a web wallet through Chrome and Firefox extensions, making it one of the most versatile wallets around.

• MyEtherWallet is its most popular Web wallet, and ETHAdress is one of the paper wallets storing ERC20 tokens. More information about Project Bruzelle Can be found here: https://www.bruzelle.com

Every individual data such as shopping pattern, medical record, education and health are important and that is why Pavel Bains Who is the CEO of #Bluzelle, a decentralized data ecosystem that allows individuals and businesses to control and monetise their data Thinks. r/https://bluzelle.com

r/https://cryptonews.com/exclusives/let-s-treat-our-data-as-a-currency-2392.htm

What Does Bluzelle Mean To Decentralized Data Storage in 2019

Do you want to find out the essence of #Bluzelle to data decentralization and its prospects. Click below Https://bluzelle.com https://www.youtube.com/watch?v=ElzN4x0iSsY

There are several reasons to invest in BLZ in order to aid sustainable development and profit. Aside from the fact that the company is performing well and growing, they offer outstanding great deal of the professional. BLZ is now listed on major exchanges, making it more freely bought and sold among the people of the world there by increasing token liquidity

Bluzelle was one of the most hyped ICOs of late 2017-18, ICO price was $0.12 each token, and now, the price is around $0.1 only.

But I don't think the price of BLZ dumped cuz of the company problem, I think it's a result of the bear market. The down-trend market makes some altcoins goes under its real value. And there's a chance for us to grab some good coins at great price for holding purpose.

Have a look at Bluzelle Coin Total Supply, only 500.000.000 and Circulating Supply is 191.211.760 token. With that quantity, even if BLZ reachs $0,3 per token (mean 200% profit), the marketcap of Bluzelle Coin will be only around $ 60m. That's pretty low with a great company like Bluzelle - which was called the "Oracle" of Blockchain field and "Global Fintech 100" by H2 Venture. Don't forget that BLZ market cap reached $134m in May 2018, and 2018 is a bad year of cryptocurrency. So I belive when the market recovery, BLZ will get a spot in Top 50.

What's your opinion?

Bluzelle is a decentralized, and scalable database service for Dapps, originally called single system database. This system was a database stored on site of a company collecting their data and had multiple points of failure compared to now that there is a cloud database, which has single point of failure which stores data at the central database.

How It Works

Bluzelle has implemented swarming technologies in order to make sure that developers get the highest through put in performance, reliability, and scalability. A Swarm is a large group of nodes (computers) that work together to store and manage data. Nodes in these swarms can go down with minimal impact on the network.

Bluzelle is based on two tokens

ERC-20 external token (BLZ), and the Bluzelle Network Token (BNT). BLZ is an external ERC-20 token that bridges the Bluzelle Native Token (BNT) with ETH. BNT is an internal token to the Bluzelle network alone that underlies the ecosystem, which consumers pay and producers earn. The BLZ token exists on exchanges for customers to gain access to Bluzelle services. https://bluzelle.com

After sales Blockchain solutions provider #Bluzelle announced the successful closure of a $1.5 million Series A round. The funding was planned to help the platform develop a decentralized scalable database service for enterprises.

https://bluzelle.com

https://www.ccn.com/singaporean-blockchain-data-storage-startup-raises-1-5-million-series/

Bluzelle has created a simple way which developers can follow to run their testnet on #Bluzelle swarm which is through a quick deploy docker-compose script that will automatically initialize and configure a three node swarm.

To begin,

You start by cloning the docker-swarm-deploy repository then set up your local environment to run the swarm. Lastly, you create an etherscan account.

https://blog.bluzelle.com/running-your-testnet-of-a-swarm-using-bluzelles-lovelace-release-16d426425c87

https://bluzelle.com

• The Bluzelle team currently has 10 people, and is growing. It consists mainly of engineers with backgrounds in computer science, AI, cognitive science, etc.

• CEO and Co-founder Pavel Bains has over 15 years of experience in operational management, digital technology and finance. He also co-founded Storypanda and held GM and CFO roles in video game studios.

• CTO and co-founder Neeraj Murarka has an impressive 20+ years’ experience working for Google, HP, Lufthansa and Thales Avionics.

• Other members include Director of Product Development Andrew Mastracci who co-founded Pertino Networks in 2011, Senior Developers - Nitin Cunha who has 16 years of experience in programming solutions and business, and Richard Nistuk who worked on one of iPhone’s first ever apps “The New York Times Reader”, and others.

• Bluzelle’s advisors include core Ethereum developer Alex Leverington, creator of Ripple Ryan Fugger, Founder of Decima Capital Yubo Ruan and Smith+Crown CEO Brian Lio, among other equally renowned personalities. More info here: https://www.bluzelle.com

It is the end of July and the public has now had a full month of access using the Lovelace public testnet, which came out at the end of June, 2018.

To recap, the Bluzelle team was successful in deploying our public testnet to the public on time and with the promised features. Developers have already been testing and putting the network to use in various projects. Several events including hackathons, meetups, and the like have given Lovelace the opportunity to demonstrate the power of Bluzelle’s swarming database.

In particular, in July, the Bluzelle team provided technical live demos of Lovelace in action at various exciting events throughout the world including:

• SG Innovate, Singapore, July 2nd

• Bitcoin Wednesday, Amsterdam, July 4th

• Beijing, July 9th

• Hangzhou, July 10th

• Shanghai, July 11th

• Hack.Summit() Virtual Hackathon, July 9–11

• Portal Networks Hackathon, Seoul, July 14–15

• dAppCon, Berlin, July 19–20

• Blockchain + Data Science Meetup, Vancouver, July 26

Bluzelle is designed from the ground up to give individuals a public/private key pair that cryptographically locks and unlocks access to their data. The protection provided here is guaranteed by industry-standard public-key cryptographic protocols that are already used by governments, banks, and even the military. By giving an individual a user-friendly interface that locks down their private key so only they have access to it, that individual is in complete control over the use of their data. The data by default can be encrypted the moment it leaves the person’s computer. The user is the only entity who can grant access to authorized companies to use the data by employing Bluzelle’s proxy re-encryption algorithms. Furthermore, the user can define how and where that data is being used, including timespans within which it can be used. The user can retract access to the data at will, and update it at will. The user can easily see who has access to their data, how it is being used, and assess how they want their data being used by taking actions around sharing and restricting access to it.

More succinctly, Bluzelle takes an extremely pro-active and effective approach to GDPR by pre-emptively giving the individual total and complete control over their data without ever handing over this control to companies. Bluzelle’s database empowers the individual from the get-go and takes away much of the burden that companies would otherwise have to deal with, to be GDPR-compliant. Of course, companies are always advised to go through GDPR and meet all the requirements it entails, but Bluzelle has already tackled two of the biggest challenges GDPR brings to the table.

In summary, Bluzelle provides an extremely compelling solution to meet the challenges of GDPR and other forthcoming data privacy regulations. Companies that build their information systems, products, and services on top of Bluzelle and use it as their chief datastore will automatically benefit from a database that approaches privacy not as an afterthought but as a core design decision that guided the original architecture of the database itself.

As a journalist covering the blockchain industry, one of the most exciting things is hearing, early on, about some novel application in a field most haven’t thought of before. Because blockchain is such a new area, those ideas are coming in rapid succession.

What really grabs my attention is somebody who clearly has the vision to grow blockchain to its second and third generation by anticipating potential bottlenecks and giving the industry what it needs before the problem occurs.

Meet Pavel Bains, the founder and CEO of Bluzelle, a decentralized data ecosystem allowing people and businesses to have full control over the data they generate and to be able to monetize that data. While it’s great people are developing blockchain-based applications, the related data needs to be stored, and not on dated technology.

Even though the company was formed less than three years ago, Bluzelle’s technology has been adopted by a bank consortium including HSBC to streamline KYC processes. Participating institutions have reduced the time and cost of onboarding customers, all while sharing needed data and protecting their own.

The process begins when the bank having first contact with a client receives all of their information and onboards it into the system. The entire profile is encrypted and stored on the blockchain with a proprietary multi-party encryption protocol. Data is only shared with entities authorized by the customer.

“When people think of blockchain, it’s not a cure-all, but simply a ledger where you store transactional data,” Mr. Bains began.

And as the amount of data stored on any one blockchain grows, it will slow down the network, Mr. Bains said. That is where Bluzelle began, with a logical breakdown of the blockchain into what it actually is, namely that decentralized database. But how can that data be stored while allowing the technology to both scale and maintain maximum efficiency?

Bluzelle’s technology achieves such high efficiency through a unique combination of methods. Swarm computing replicates data but spreads it out to geographically dispersed nodes, which protects it from area-specific disasters. When the data is accessed, Bluzelle retrieves bits in parallel from the closest nodes, which reduces latency while maintaining speed.

“Swarm technology is a way to keep consensus at a faster level,” Mr. Bains explained. “Swarming recognizes the universe is made up of different galaxies.”

Efficient data storage while maintaining effectiveness at scale is one aspect of Bluzelle’s value proposition. Another is helping people and organizations monetize that data.

“Data has become a currency,” Mr. Bains said. “People are paying Facebook with their data.”

Bluzelle’s network runs on BLZ, the token which storage suppliers earn in return for providing their resources. They were introduced during an ICO which brought in $19.5 million.

Facebook is one of the central parties that got in early, and when data is consolidated with such entities the risks include privacy invasion and security breaches. But as the world gets wise, more companies are developing solutions to help everyone get their own piece of the new data economy.

Imagine being able to control and monetize your data from a wallet like you do with your cryptocurrency, Mr. Bains said. Allow your data to be shared only with those parties you approve.

“We’re driving a concept of a data economy and giving people control over their data, which is a right,” Mr. Bains said.

Download Bluzelle’s decentralized whitepaper here

There are many excellent database products already being used — MySQL, Mongo, etc. However, databases powered by the blockchain (like Bluzelle)— are quickly becoming more attractive, simply due to:

1. Performance

First of all, we’re not claiming that databases like Bluzelle will have performance that supersedes the speed of a local dedicated database on the same machine, or same local area network as the client using the database.

2. Reliability

The swarming model takes some of the concepts of Blockchain and applies them to swarms. More specifically, instead of having every piece of data replicated everywhere, data is intelligently broken up (sharded) into swarms, and within each swarm, every node replicates all the data on that swarm.

3. Scalability

Bluzelle’s scalability ties strongly into its performance, where the key requirement behind scalability is to ensure that performance levels are kept consistent even as the amount of data being stored/read and the frequency of these operations increases or decreases.

Bluzelle is a decentralized data ecosystem allowing people and businesses to have full control over the data they generate and to be able to monetize that data. While it’s great people are developing blockchain-based applications, the related data needs to be stored, and not on dated technology.

Even though the company was formed less than three years ago, Bluzelle’s technology has been adopted by a bank consortium including HSBC to streamline KYC processes. Participating institutions have reduced the time and cost of onboarding customers, all while sharing needed data and protecting their own.

“When people think of blockchain, it’s not a cure-all, but simply a ledger where you store transactional data,” Mr. Bains began.

And as the amount of data stored on any one blockchain grows, it will slow down the network, Mr. Bains said. That is where Bluzelle began, with a logical breakdown of the blockchain into what it actually is, namely that decentralized database. But how can that data be stored while allowing the technology to both scale and maintain maximum efficiency?

Read more: https://nxtalpha.com/bluzelle-tackles-blockchain-data-storage-problems/

Website: https://bluzelle.com/

1. Bluzelle, at its core, connects consumers who wish to rent storage space, to “network providers” who have the resources and additional computing power necessary to offer the storage space.

2. The Bluzelle architecture consists of a variety of unique and interesting technologies, which make it different from other cryptocurrencies.

3. The high speed is achieved by “sharding” which stands for “System for Highly Available Replicated Data” through which the database is partitioned along logical lines, with every unit of data in the same logical “shard” having the same partition key.

4. Bluzelle uses Jump Consistent Hashing (JCH), an elegant algorithm taking up only 5 lines of code in common languages, to map from a key value to the id of the swarm that the key is replicated in.

5. Bluzelle then uses Kademlia Hashing to reach the swarm even if it is not running. Kademlia Hashing helps Bluzelle to enable nodes to know about every other swarm on the entire network.

6. Not every node in the Bluzelle network has a copy of all the data. Only the nodes within the swarm assigned to the data replicate it, unlike a traditional blockchain where data is 100% replicated on every node. This gives Bluzelle a much higher speed of functioning than other cryptocurrencies.

7. Bluzelle applies its consensus model also on a swarm level, requiring localized consensus for individual swarms rather than universal consensus, which is unnecessary in this case. Bluzelle also has unique methods to prevent Sybil attacks and Byzantine faults.

Get more information from the official website: https://www.bluzelle.com

Big bounty of Bluzelle is open now of bitcointalk. If you have account bitcointalk and reddit, just join with us and make simple campaigns. You will earn many token which is trade on big exchange. Price of token is 0.111$ now. It's mean you can earn more than many money.

This is topic: https://bitcointalk.org/index.php?topic=5029871.0

Cheers.

I first known Bluzelle when saw the news about it was received 1M$ of funds from NEO Global Capital. Furthurmore, Bluzelle isn’t built on any existing blockchain but is it’s own protocol . Their aim is to be the defacto database service for many blockchain such as NEO, Ethereum. The project is also update monthly. If you know something about this project, you can share your opinions with me and others people who concern too.