Delio CEO James Jung’s Lecture on Enterprise Blockchain Ecosystem Foundation & Integration Methodology (Brief Summary included)
The technological element is ‘the’ major key in ‘enterprise blockchain’ (EB). However, let’s first talk about our butter to the bread, ‘enterprise token’ (ET) and integration methodology for the future.
Before we get started, look at Gartner Inc.’s viewpoint on EB market — “By 2021, 90% of existing blockchain platforms will be replaced”; meaning a new wave is coming. “Around 2025, the value created through blockchain business will reach $176 billion, and as of 2030, will eventually be $3.1 trillion”. It’s time to gear up for this boundless creation — blockchain market.
Next, note the following tasks and directions for blockchain. First, the technical development in the system & ecosystem foundation. We need as many professional developers and investments as needed for growth. Second, the organic expansion of blockchain influence. Normally, companies use private blockchain, which or hampers public expansion. That’s why we need a variety of methods like token integration, as the third commandment to enhance blockchain’s capabilities.
In the meantime, the era of ET is on the rise — meaning all enterprises will issue ETs. Typically, these tokens inherit ‘network token’ (NT) aspects, which holds value exchange purposes. NTs are most likely to be used widely.
There are four features of ‘enterprise network token’ (ENT) — 1. exclusive within specific enterprise ecosystem, 2. value inter/ex-change medium, 3. business collateral, 4. not sold in public. You are probably wondering if it’s not for sale on an exchange, what’s it worth? Hold that thought.
ENT expands the credibility of its system and ecosystem while saving financial costs. In other words, if company A uses A-token within its ecosystem, it can significantly reduce costs. Plus, it makes up for reward or points for consumers and builds its dominant and private ecosystem. The pre-existing blockchain environment is based on the open-source while ENT can only be utilized within its own ecosystem. Lastly, ENT comes handy when it comes to B2B economic integration. Combining each other’s ecosystem result in expansion, making it easy for ENT integration and beneficial for businesses and consumers.
Two parts to ENT establishment structure: Unified and United. 1. The unified token structure is like Libra that issues a token for Facebook. 2. United token structure is what each business issues its token for interchange within the same ecosystem — mutual compatibility. When integrated with a smart contract, the names of tokens will be different. These will be mutually compatible with multiple enterprises and result in an economically positive outcome. All in one token interchange ecosystem.
One concern for enterprises due to NT expansion comes down to how the multiple EB interaction will work in harmony. Let’s assume that an ENT is flowing in an ecosystem— how will it link with BTC or ETH? The ‘Network Token Exchange System’ (NTES) is your way to go. This system can connect enterprise and public ecosystem for interaction.
Delio provides ‘Daas’ (Delio-as-a-service) to companies. Daas’ ASP method enables simple and universal ENT publishing, unlike the solitary old mainnet. Remember, Delio’s structure of mainnet is integrated with Dapp token as well as a smart contract. Plus, it can use ETH and EOS based token integration.
In Delio, each Dapp shares Delio token. Also, it elicits a new structure in which dapp-listed Delio token distribution throughout the ecosystem. Due to lacking technology and capital, dapps have been often neglected to be on exchanges — but Delio developed a solution for this. Additionally, Delio chose ECCPOW which compensates for POW’s hash power dominance. ECCPOW is good because it promotes the base expansion of node, which helps low-computing power objects like smartphones or laptops can mine. Ultimately, more participants will join and trigger dramatic proliferation.
Lastly, Delio token adopts the ‘Stable Stake Coin’ (SSC) structure. SSC within the ecosystem for investors, exchange, and asset allocation make up for one token problem. It is also generated and used in conjunction with each enterprise. Investment tokens will allure investors, creating a mechanism of token expansion outside its private ecosystem. The favorite part of SSC is the level of security and stability which is perfect for investment!
Summary: Delio will introduce an enterprise blockchain platform that enables any company to generate/utilize its network token easily within its ecosystem. It will also enable collaboration between multiple companies with token integration of either enterprise tokens and/or pre-existing tokens, like BTC. Consequently, it saves various financial costs and also creates boundless technology development opportunities — reaching over to crypto/blockchain investors in public exchanges with SSC’s versatility.
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