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Don't Panic Consulting Presents
AO Blockchain is a blockchain system designed to handle business, investment, and banking transaction volumes while providing advanced API interfaces for developers to build custom applications with the backing of the blockchain.
Custom built from the ground up on Full Stack Javascript, AO Blockchain is being developed on Amazon, Microsoft, and Google's cloud platforms to enable automated scaling based on utilization This will enable it to address everything from small business uses to massive corporations with significant volumes, all operating on the same, public, permissioned blockchain at the same time.
Key Network Features:
PRE-SALE STARTED - Pre-Sale Site!
50 Billion Coin initial release
10 Billion Coin held for Bounty Program and Community Investment
40 Billion Coin distributed in an ICO (2-3 months after ICO)
9 Quintillion coin maximum
Delegated Proof of Stake
Delegate Rewards for the first 4 years
OpenPGP Encryption for permissioned items
SHA3-512 for hashing
Multiple Blockchains
Multiple Transaction Types
White Paper Available (DRAFT)
AO Blockchain Website
Source
Twitter
Facebook Page
After the first 4 years, when delegate rewards complete, inflation will attempt to be managed at a reasonable rate with delegate voted on injections of AOC to keep the upper limit of the price more stable per coin. Methods of managing the lower limit of the price are being investigated. Inflation / Deflation is a major concern with any currencies, as is the unstable nature of cryptocurrencies as a whole. For widespread acceptance as a global currency, some kind of value controls must be put in place. In order to maintain stability and trust in the network itself, decisions on inflation / deflation management must be done in a decentralized manner. Ideally the network will handle some of this automatically, while other parts will require a vote from active delegates; these will be representatives of the holders of the currency. This voting system will be handled in a similar manner to how other Delegated Proof of Stake systems are handled.
Scalability is being addressed by the use of serverless Functions, running on all popular and open source clouds. Initial support will be for AWS, with Azure, GCE, and IBM coming after initial development is complete. DIY clusters will be supported as well. Exact method of support is still being researched. White paper on this subject is nearly complete.
AO Blockchain is looking for some help with Marketing and Graphics work, in the form of a Marketing Director, as well as Community Development / Management. Once the job postings are complete, links will be provided here.
PRE-SALE INFORMATION:
AO Blockchain, through Don't Panic Consulting, is having a pre-sale to generate working capital for the following uses:
Initial ALPHA and BETA phase development of the Blockchain
Marketing / Community Development
Business Development
KYC / AML Tooling
Benefits to PRE-SALE buyers:
2x Coins at end of ICO
5% Referral bonus (Information on Referral program coming soon)
Largest 10 buyers will be credited on our website (can be opted out of, at buyer request)
AO Blockchain is a blockchain system designed to handle business, investment, and banking transaction volumes while providing advanced API interfaces for developers to build custom applications with the backing of the blockchain.
Custom built from the ground up on Full Stack Javascript, AO Blockchain is being developed on Amazon, Microsoft, and Google's cloud platforms to enable automated scaling based on utilization This will enable it to address everything from small business uses to massive corporations with significant volumes, all operating on the same, public, permissioned blockchain at the same time.
Feature Overview
The following is some general information on the features we are building into AO Blockchain over the coming year.
Business Features
Banking Features
Investment Features
The following is some general information on the features we are building into AO Blockchain over the coming year.
Business Features
- Asset Tracking
Track all company and personal assets, including who has them, what their current value is, and what their current depreciation is. - Inventory
Track current inventory status, update distributors and suppliers with current inventory updates, and assign inventory to smart contracts - Accounting
Pull all standard asset, transaction, and valuation reports for accounting and regulatory needs. When combined with the Investment features, provide automated updates to Shareholders, including stock valuations and yearly performance. - Smart Contracts
Simple to use, automatically fulfilling Smart Contracts. Pay Contractors, order supplies, update inventory, and connect to your Customer Management, and Enterprise Resource Planning systems to keep your entire transaction, and financial activities in one place.
Banking Features
- Multi-Currency
The AO Blockchain supports multiple currencies, starting initially with support for BTC, ETH, BCH, and LTC. Fiat currencies will be added over the year following the production release of the AOBlockchain. - Bill Pay
Built-In Bill pay will be one of the first applications to tie into the AO Blockchain, allowing you to pay your bills in any currency supported by AO Blockchain. Provide the address, and the amount, and your bills will be paid from your wallet funds, based on your currency priorities. - Fiat Exchange
After initial launch of the AO Blockchain, support for exchanging Cryptocurrencies and Crypto-tokens will be added through the use of a Banking Gateway, provided by either AO Cyber Systems, or a partner. - Multiple Accounts / Sub-Accounts
Own a business, or have a family, tied to your identity on the AO Blockchain system can be multiple accounts, including sub accounts, to give you an accurate picture of how all of your holdings are doing, and where your family's future is headed.
Investment Features
- Full Featured, Decentalized Exchange
Stop trusting centralized exchanges to manage your funds. Through a combination of Smart Contracts, currency gateways, and direct connections to other blockchains, you can trade any currency, for any other currency supported by the system. - Investment Contracts
Want to offer shares of your company, or an asset you hold, with some kind of dividend or benefit? Create an Investment contract. Investment contracts are the investment variations of a Smart Contract, geared to the types of deals that investors would make. - IPO / ICO platform
Full, decentralized IPO and ICO platform. Don't spend the hundreds of thousands of dollars to raise capital from the public. With built in compliance features, and connections to Investment and Smart contracts, you can raise capital for your company, blockchain project, or fundraiser, easily and safely. - Peer-to-Peer Loans
Give your friends, family, and business partners loans to help them out, under whatever terms you want, without having to pay a third party part of your percentage. Just the cost of the transaction fees.
Key Network Features:
PRE-SALE STARTED - Pre-Sale Site!
50 Billion Coin initial release
10 Billion Coin held for Bounty Program and Community Investment
40 Billion Coin distributed in an ICO (2-3 months after ICO)
9 Quintillion coin maximum
Delegated Proof of Stake
Delegate Rewards for the first 4 years
OpenPGP Encryption for permissioned items
SHA3-512 for hashing
Multiple Blockchains
Multiple Transaction Types
White Paper Available (DRAFT)
AO Blockchain Website
Source
Facebook Page
After the first 4 years, when delegate rewards complete, inflation will attempt to be managed at a reasonable rate with delegate voted on injections of AOC to keep the upper limit of the price more stable per coin. Methods of managing the lower limit of the price are being investigated. Inflation / Deflation is a major concern with any currencies, as is the unstable nature of cryptocurrencies as a whole. For widespread acceptance as a global currency, some kind of value controls must be put in place. In order to maintain stability and trust in the network itself, decisions on inflation / deflation management must be done in a decentralized manner. Ideally the network will handle some of this automatically, while other parts will require a vote from active delegates; these will be representatives of the holders of the currency. This voting system will be handled in a similar manner to how other Delegated Proof of Stake systems are handled.
Scalability is being addressed by the use of serverless Functions, running on all popular and open source clouds. Initial support will be for AWS, with Azure, GCE, and IBM coming after initial development is complete. DIY clusters will be supported as well. Exact method of support is still being researched. White paper on this subject is nearly complete.
AO Blockchain is looking for some help with Marketing and Graphics work, in the form of a Marketing Director, as well as Community Development / Management. Once the job postings are complete, links will be provided here.
PRE-SALE INFORMATION:
AO Blockchain, through Don't Panic Consulting, is having a pre-sale to generate working capital for the following uses:
Initial ALPHA and BETA phase development of the Blockchain
Marketing / Community Development
Business Development
KYC / AML Tooling
Benefits to PRE-SALE buyers:
2x Coins at end of ICO
5% Referral bonus (Information on Referral program coming soon)
Largest 10 buyers will be credited on our website (can be opted out of, at buyer request)
