Review on BLOCKv by Ali Huseynov

What is BLOCKv (VEE)?

BLOCKv: Basic Knowledge

BLOCKv is a blockchain-based user interface protocol that facilitates the creation of dynamic and interactive virtual assets. Its goal is to enable companies to generate revenue by selling smart, recoverable, recoverable, and transferable products to end users, thereby increasing the mainstream adoption rate of blockchain.

BLOCKv as a temporary area, developers can use the BLOCKv interface protocol layer to develop dynamic and intelligent virtual products called "vAtoms", these products are very valuable in the real world.

On the BLOCKv platform, developers can access a variety of tools, such as development tutorials, Web API, distribution and analysis tools. Developers can also run an interactive lab to test different APIs before continuing with their applications.

BLOCKv uses the cryptocurrency "V" (VEE) to facilitate all transactions on the platform. VEE tpkens are used by different groups for different purposes. While BLOCKv rewards developers with VEE tokens, developers also need VEE tokens to pay for various vAtom transactions.

BLOCKv (VEE) Development

BLOCKv was founded in Zug, Switzerland by its CEO Reeve Collins. Before founding BLOCKv, Collins Reeve was the co-founder and CEO of Tether and many other projects, including Red Lever, Pala Interactive, FurionDirect, Traffic Marketplace, and Fingerprint Promotions.

Gunter Thiel served as CTO of BLOCKv, and Lukas Fluri was appointed chief operating officer. The company is also supported by a board of directors composed of 13 consultants.

BLOCKv selected a token generation event to set a demand-based price for the token. The company conducted an initial coin offering between October 19th and October 25th, 2017, and raised US$21,599,100. The total number of tokens sold in the presale and the ICO accounted for 35% of the total token supply. What are the benefits of

BLOCKv?

BLOCKv Technology (VEE)

vAtoms

uses the vAtoms template to promote the development of smart assets on the BLOCKv platform. The vAtoms template is a new class of assets that can be owned and marketed by end users and is compatible with different environments.

Each vAtom is recorded on the blockchain, making it unique, verifiable, and traceable. Developers can emit these virtual atoms in limited quantities to increase their privileges and value.

vAtom runs on the same mechanism as smart contract technology, but includes additional features. Unlike smart contracts, we must use tokens to execute smart contracts. vAtoms combines execution code and tokens into smart assets. In addition, vAtoms combines 3D models, animation, music and video, and other interactive features to make it more interesting and useful for users. This allows access to vAtom from different platforms, such as mobile phones, smart TVs, and virtual reality and augmented reality platforms.

vAtom was developed by integrating several different programmable components. They act as unique smart asset classes determined by their templates and variants. Each template contains a set of rules that define the properties and functions of smart entities. After publishing the corresponding vAtom, these templates will not be editable.

Because vAtom can interact with users on multiple platforms, vAtom can present itself and perform different actions depending on the platform or environment used to access them. The conditions and access methods for each vAtom are predefined in templates and template variants. These methods are called "reactors".

BLOCKv platform architecture The

BLOCKv platform is designed to simplify the creation and deployment of virtual assets. The platform retains the most difficult aspects of blockchain development and provides a simpler environment for developers. The entire BLOCKv platform consists of several interconnected components. These components are:

vAtom Core (vACore) is responsible for providing and running the services required to create smart assets. These services include:

Intelligent Asset Creation and Lifecycle Management.

Transaction service platform and billing engine.

provides an analysis and auditing framework.

2. The vAtom Identity Management System (vAIMS) uses off-chain data to authorize and authenticate users to the platform.

How to buy and store BLOCKv?

BLOCKv (VEE) Purchase

BLOCKv platform does not support VEE mining. Because the total supply is determined during the token creation event. Developers can obtain VEE token rewards by completing various tasks initiated by the platform from time to time.

Non-developers can obtain BLOCKv cryptocurrency through transactions. Tokens VEE, Bittrex, OKEx, Tidex, Upbit, EtherDelta, etc. It can be used to trade on various cryptocurrency exchanges because most exchanges have paired VEE with Bitcoin and Ether.

BLOCKv (VEE) Storage

VEE tokens are based on the ERC20 token model, so only Ethereum compatible wallets can be used to store VEE tokens. Some popular choices are:

MyEtherWallet

MetaMask

Coinomi

imToken

Ledger Nano S

Trezor

BLOCKv (VEE) How is it different from other cryptocurrencies?

BLOCKv cannot be simply described as a cryptocurrency platform. BLOCKv is a complex blockchain-based interface protocol that can promote the creation and distribution of smart digital assets for profit. The use of

VEE tokens is not limited to only allowing peer-to-peer transactions on the platform. In the BLOCKv ecosystem, different entities use VEE tokens for different purposes. The use of tokens can range from paying for services to motivating developers in various competitions. The biggest difference between

BLOCKv and other cryptocurrencies is vAtom, which provides an interactive way for users to adopt blockchain technology. VAtom can be linked to virtual collections or real-world products.

Should I invest in BLOCKv?

Although BLOCKv is a reliable and advantageous technology, it attempts to solve the language problem related to the use of blockchain, that is, lack of adoption by people. The BLOCKv platform has easy-to-understand use cases for non-technical personnel and can increase the adoption rate of mainstream blockchains.

BLOCKv uses an interaction layer in vAtoms to attract people to the platform. Since the platform essentially seeks to bridge the gap between the virtual world and the real world, this effort may lead to an increase in the value of the token.