BVS (business value system), a business value system based on blockchain technology, aims to realize the value exchange network of distributed applications and build a cluster of mobile terminal business innovative applications. The overall structure and consensus design of BVS can rapidly promote the commercial circulation of blockchain technology, and people can more efficiently engage in investment, transaction, promotion, trade and other exchange businesses, deeply explore the commercial value of blockchain and realize blockchain 4.0.
The birth of the Internet has made the way of information exchange flatter. The development of blockchain technology has made the exchange of value more convenient. It has made the connection of assets around the world faster and faster. In the era of blockchain 1.0, bitcoin realized decentralized payment and transaction; In the era of blockchain 2.0, ethereum has realized the smart contract and made the application more abundant. In the era of blockchain 3.0, EOS improves performance by upgrading DPOS. BVS realizes the blockchain 4.0, measures the importance of each user, smart contract and Dapp in the blockchain from multiple dimensions such as commercial liquidity, promotion and dissemination, mechanism effectiveness, and so on, perfectly combines the blockchain technology with the real commercial society, and is committed to building a complete decentralized commercial application system.
BVS technically adopts a faster level of Byzantine fault tolerance, micro state, atomic commit protocol and efficient distributed subdivision technology, innovative encryption, innovation and consensus agreement, providing the ability of transaction processing, which can increase as network capacity expands, improve the system capacity, and meet thousands of commercial scale DAPP safe and efficient operation. Using the concept of fairness and justice to build the underlying consensus, to make business transactions simple and efficient.
The original consensus mechanism of BVS adopts DPOV, which is Delegated Proof of Value,and means that system participants entrust super nodes to conduct block maintenance, and the value of a participant depends on his value to the whole system, which is a composite index of workload, contribution and importance. BVS is completely open, and anyone can participate in the construction of computing and storaging resources required by blockchain, and participants can jointly invest in construction and maintenance, that is, burning TOKEN to provide the basic platform for the network.
What users need to do is to focus on their own business and not on the technical side. BVS provides a series of application frameworks, including API, SDK and other application modules. Application providers from all technical backgrounds can develop decentralized applications in BVS, making BVS a decentralized business system accessible to all. All system participants will get the most fair feedback according to their value and share the benefits of the system.
BVS ai BrainCo will continuously learn, adjust the difficulty of block mining and optimize DPOV parameters. On the one hand, all major decisions are made by the community through consultation and vote. On the other hand, based on the rich commercial application group of BVS, all participants can participate in commercial applications on BVS, including production, circulation and consumption, and use TOKEN to enjoy shopping, travel, health and other commercial services closely related to life and work.
Media ContactCompany Name: Change Financial LimitedContact Person: CLAYTON FOSSETTEmail: Send EmailPhone: +61 2 82807355Country: AustraliaWebsite: http://www.bvsystem.org/
