#Prasaga is an organization which developed a DataGrid Blockchain platform . It is a platform which embraces Miners, developers and token holders with a native chain and its own coin . Prasaga has developed a DataGrid Blockchain to change the game in the global blockchain ecosystem . Prasaga has built a community of supporters i.e Miners , developers , toke holders globally across varieties of socal media platforms.
The Foundation Prasaga LLC has built a great community which consists of enterpreneurs, collaborators , Developers with wealth of knowledge in different fields of life . The platform has launched its testnet on extensible blockchain whuich is available on XBOM.io
Prasaga DatGrid Blockchain is a brand new blockchain project which is going to revolutionize the blockchain system . It comprises of some advance features which make it more scalable with high resources.. DataGrid blockchain combines Proof of Stake (PoS), Proof of Work (PoW) , Parallels Chains ( Sharding), Open source code , staking and more . It is highly scalable , higher resources and very fast transfer speed . The Blockchain has been developed to address some challenges in the existing blockchain networks such as Smart Contract architecture Sharding and Scalability problems.
The blockchain Distributed Proof of Work feature known as D-POW which ensures scalability coupled with the (XBOM),which is the eXtensible Blockchain Object Model which that was established for Parallelization of the network . The DataGrid Blockchain is a very good approach to smart contracts that guarantees high speed , high quality and great evidence of infrastructural development.
DataGrid focuses on making everything possible and solving the general problems of data exchange between machines .The Blockchain envisioned to take trades between humans with high level of speed , security and ease . DataGrid blockchain is focused towards improving the global economy and giving quality life to everyone in the nearest future. The blockchain ecosystem will be improving identification system , financial system , voting system and improving the prevalent challenges in the Supply chain and logistics .
DataGrid Blockchain focuses on on disrupting the following sectors :
- Supply Chain and Logistics
- Identity
- Decentralized Finance (DeFi)
- RegTech
- Government .
DataGrid Blockchain
The DataGrid Blockchain ('DGB') is a modern "ground up" blockchain concept. It includes components of the following principles:
- Proof-of-work
- Proof-of-stake
- Parallel chain/sharding
- Byzantine fault tolerance
- Verifiable random functions
- Drawings
- Open-source architecture
- Open-source coding
Its architecture purpose is to allow safe low latency, high throughput transaction speeds, scalable with enhanced availability of resources. The DGB is built to be a general-purpose blockchain that facilitates cryptocurrencies and easy and complex business partnerships on a global level.
Their Progress
During the last three years, they've been delivering guidance to industry-leading entrepreneurs and several of the world's biggest solution providers, and they've been motivated by the significant ways in which DataGrid can boost blockchain technology.
Imagine enabling blockchain to achieve its maximum potential, enhancing authentication and voting, financial institutions, and tackling the major problems in supply chain and logistics, automobile and aeronautics, pharmaceuticals, and organic products. It's all possible on the DataGrid.
What type of coin is the DataGrid Token?
The DGB utilizes the DataGrid Token ('DGT') as its 'native' coin. The DGT is a mining coin that works in the same manner as the Ethereum coin. That is, transactions ingest DGT in the same manner as the "GAS" Ethereum. New DGT is produced as motivation incentives for mining block creation, comparable to both Bitcoin and Ethereum.
DGT fiscal policy is a novel modern method to controlling the availability of coins (i.e. tokenomics) to boost the stability of DGT depending on economic activity, as contrasted to static algorithmic minting.
DataGrid Token (DGT)
DGT is the native currency of DataGrid Blockchain . Just as Ether act as the native token of Ethereum blockchain infrastructure , DGT will fuel the entire economy and operation of DataGrid blockchain . It will service as a cryptocurrency for DataGrid network marketplace . it will be used for paying transaction fees, DataGrid Date transaction , Rewards for the Validators and more . The blockchain will support smart contracts and will be support countless token .
DataGrid STAKES consensus system
The Vendor which operates DataGrid message servicer will acquire DGT via normal operation so as to buy Data from the data producers and sell them to the data final consumers.
DataGrid Blockchain marketplace will implements a STAKES consensus system which is contrary to the existing Proof of Work Consensus Model for blocks validation. DataGrid blockchain Marketplace supports General Smart Contracts and Data Grid Smart Contract transactions which are build on high level fo trust . In DataGrid Blockchain , the process of incentivizing the blockchain validator in accepting trustworthy transactions , blockchain producers rewards are increased by the percentage of the accepted trusted network transaction in a given block of the total amount of the block transactions.
DataGrid Token Monetary Policy
The monetary policy embraces by the DGT is economy driven system for the smooth management of the coins production . In achieving this , the monetary policy requires Policy algorithm for minting new coins for the maximization of the coins availability and burning coins indirectly which is part of the processing node incentive scheme. The monetary system algorithm designed to increase or decrease the coins availability.
Conclusion
DataGrid blockchain is designed to solve multiple general problems related to data exchange between machines . There are various areas of the global economy which DataGrid blockchain will disrupts . Among these sectors includes : Identity , Supply Chain and logistics , Decentralized Finance Ecosystem (DeFi), Government and RegTech . The Platform envisioned to offers a better and qualitative life to everyone by integrating blockchain uses into humans life , making it more easy to use for varieties of purposes .
For more information :
Website: https://www.prasaga.com/
WhitePaper: https://www.prasaga.com/ecosystem-whitepaper/
Presale: https://www.dgblabs.io/
Telegram: https://t.me/prasagaofficial
YouTube: https://www.youtube.com/channel/UCWvAYSTavfT2xzN7AnAc2pg
Twitter: https://twitter.com/PrasagaOfficial
FaceBook: https://www.facebook.com/prasagaofficial
LinkedIn: https://www.linkedin.com/company/prasaga/
jewaka : 0x59a78fa8bb20291986D8E506Ae38f21A3368F404
Prasaga’s Real-Time Data Marketplaces
Prasaga provides a marketplace for exchanging data between IoT device owners and data consumers in a decentralized, frictionless, free, and secure manner. The platform allows all entities to build their data marketplace and sell them to data consumers.
Unlike other marketplaces that offer past data, the Prasaga marketplace allows the entities to provide real-time data. It is easy to integrate many IoT smart devices, giving enormous data liquidity.
It's the consumers' choice to select their data sources. In Prasaga, there is top innovation in the social world, especially with the real-time data streams. The hub of all these marketplaces will be the DataGrid blockchain, with innovators getting an easy time using DGB.