Despite increasing media coverage of Bitcoin and other blockchain-related technologies, along with articles counting the industries that blockchain technology will revolutionize each year, there has been very little adoption of blockchain technology in the enterprise space. According to Neblio, industries that would benefit the most from the inherent advantages the blockchain provides over traditional database architectures are waiting for mature toolsets, developer ecosystems, and packaged platforms to easily develop and deploy new applications, or to move traditional applications off of legacy database architectures and on to a blockchain network. (1)
Difficulty deploying blockchain networks, developing distributed applications, and packaging the two into something that can be operated internally or by customers externally is the most significant obstacle slowing the adoption of this technology in the enterprise and business world. To overcome these obstacles, the Neblio Platform is built from the start for enterprise distributed application development.
By providing single API calls to instantly deploy a Neblio Node, developers will have a way to spin up or spin down a local testbed that is directly connected to the global Neblio Network, allowing for development of distributed applications. Distributed applications are applications that access and store pieces of information on the Neblio blockchain. Along with APIs to provision Neblio nodes and interact with the blockchain, developers must have a simple way to package and deploy their distributed applications and services in a way that is repeatable, maintainable, and reliable.
The Neblio API suite will support the same set of uniform core APIs in today’s programming languages, starting with; Python, JS, .NET, Objective-C, Java, Node,Js, Go and PHP.
Due to the decentralized nature of the public Neblio network and the proof-of-stake consensus model where users of the Neblio network are incentivized to run a Neblio node and secure the network, successful attacks on the network by bad actors are nearly impossible. On private Neblio networks where there are not a large number of users securing the network via staking, Neblio tokens are staked by trusted parties that set up the private network. This allows for private Neblio networks to be as trustworthy as the trusted parties in charge of operating them, while retaining the benefits of blockchain technology on the network.
Scalability & Reliability
Through decentralized mesh networking, Neblio nodes connect to each other relaying blocks around the globe. Every functional node contains a copy of the Neblio blockchain, increasing the performance of potential distributed applications since they can choose to interact with the closest or fastest node. This scalability in a global sense can improve application performance and response time while ensuring the information on the blockchain can be accessed where the application is running. Nodes are able to join and leave the network at will, whether it be by choice or due to downtime, without harming the network. Applications that are communicating with a node that leaves the network will begin communicating with another node that also has a copy of the blockchain.
Use of the token
The tokens on a blockchain network incentivize network users to secure and operate the network. In a public blockchain network, bad actors can attempt to attack or disrupt the network for their own gain. In an effort to secure the network against such attacks, the network must have a method of finding consensus. Neblio use a proof-of-stake consensus model. Proof-of-stake works by using the network users’ tokens as votes towards consensus to verify new blocks and secure the network. Users with more tokens get more votes since they have more tokens to lose if an attack on the network is successful. In order to incentivize users to stake their tokens in this model, users are given a reward for staking their tokens and verifying new blocks.
Neblio has no partnerships at the moment of writing.
Team and advisors (2)
At the moment the team consists of 5 people. We will discuss the following people;
Co-Founder & Lead Developer: Eddy Smith,(3) he has a B.S. in Computer Science from Georgia Institute of Technology and over 7 years of experience working as a senior software engineer for global enterprise companies.
Co-Founder & Business Ops Manager: Ann Jackson, (4) she has a B.S. in Business Management and a Masters of Business Administration. She has over 7 years of experience in the tech industry guiding and managing teams in both operations and marketing.
Marketing Advisor: Yuval Amar, (5) he has 12 years of experience specializing in online marketing, branding, content creation, and reputation management. Throughout his career, he has led teams for global companies in industries including Financial, Fitness, Real Estate and Business Intelligence.
‘18 Q1: RESTful APIs for Interacting with the Neblio Network
‘18 Q2: Marketing Campaign Launch
‘18 Q3: Enterprise Go to Market and Neblio APIv2 Beta Launch
‘18 Q4: Implementation and Delivery of Neblio API Suite v2 for Enterprise Customers
‘19 +: Iterative Innovation & Industry-Wide Adoption