[ANN] PRE-SALE - AO Blockchain System for Business, Banking, and Investments

[jdr0dn3y]

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.

Feature Overview
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
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)

[AOBlockchain]

Feature Overview
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.
  

[overlordcoin]

Do you have any slides to post here?

[jdr0dn3y]

Do you have any slides to post here?

Absolutely. They are attached to the bottom of the initial post, however, they seem to be taking a bit to load.

Direct links are here:

• Overview
• Cloud Infrastructure
• Stack Design
• Security

[SeveralQ]

Hi everyone! Just added AO Blockchain ICO to my website https://concourseq.io/Q/AO_Blockchain. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

[jdr0dn3y]

Hi everyone! Just added AO Blockchain ICO to my website https://concourseq.io/Q/AO_Blockchain. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

Thank you for adding us! We greatly appreciate it.

[jdr0dn3y]

Pre-Sale starts tomorrow!

We put the finishing touches on the Pre-Sale site today, getting the buyer profiles all linked up to our BTC, ETH, BCH, and LTC accounts so addresses can be auto-generated for each buyer. We also started working on a more concise way to get our feature set across to those interested, both as buyers, and as users.

More information will be released tomorrow morning when we launch the Pre-Sale. The Pre-Sale will run for two weeks, ending two Fridays from today, the 26th of January.

All Pre-Sale funds will go directly into the development of a Prototype, which we estimate will take 2-3 months to get to a demonstrable stage.

Thanks for following, more details soon!

Justin R. Donnaruma - Lead Developer


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)

[jdr0dn3y]

Pre-Sale is now open!
Head over to the AO Blockchain AO Blockchain Website to sign up and get your investment addresses.

This pre-sale will run for the next 2 weeks, ending on Friday the 26th at noon!

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)

At the top of this thread, we also detailed our some of our biggest features that are in development!

[Dastashka]

Looks interesting, but i wish to know more, so i will kepp an eye to the project

[AOBlockchain]

Looks interesting, but i wish to know more, so i will kepp an eye to the project

Thank you for the comment, Dastashka, please feel free to ask any questions, and we will get you answers as soon as we can.

[AOBlockchain]

Daily Update

From here on out, we will release a small update every day, so we can keep people in the loop.

Today, our update is on - Mockups!

We have the first couple of screens mocked up, and available as a clickable prototype.

Clickable prototype is available on Adobe XD

https://cdn.aoblockchain.io/WalletMockups/homeScreen.png
https://cdn.aoblockchain.io/WalletMockups/homeScreen.png

[AOBlockchain]

Daily Update

Today's Update - EdenJS

As part of our goals to reach businesses, we are building a framework for web applications that integrates directly into the AOBlockchain project. Initially, it will be used to build the blockchain itself, and provide an interface for monitoring the blockchain's document collections, as well as test adding individual transactions. It will also be the basis to build private variations of AOBlockchain for internal use at larger who may not want to use our public, permissioned version.

This particular part of our project is based on KeystoneJS, a web application framework that auto-generates a CRUD interface based around MongoDB models. We are busy bringing our fork of the project up to our security and coding standards. We will release EdenJS's initial version in the next couple of days.

Stay tuned for more...

[lanmao]

It looks like this is a big project, but I see this team has only 2 members. can you support the project very well?

[AOBlockchain]

It looks like this is a big project, but I see this team has only 2 members. can you support the project very well?

Thank you for the question Lanmao. The short answer is: Yes, we can support this project well. We are starting small, and building in the open so that people can see what we are doing. While the project is big, we are automating as much as we can, with a significant emphasis on automated testing, and auto DevOps, which will help us significantly with maintenance. Development is easily done with a small team, it just takes more time. Once we get to production, we will make sure we have a large enough team to support the delegate servers we are maintaining, until the community takes over all delegation.

That being said, we are looking to hire some entrepreneurial full stack JavaScript engineers to give us the ability to build more quickly.

We actually have 3, but I haven't added the third to the site yet. He is going up right now. Richard Hooper, the co-founder of Don't Panic Consulting.

Quick update on EdenJS - The code is now available over on Gitlab.

[AOBlockchain]

Daily Update

Good Day BicoinTalk!

We have 3 positions available on our team, if you or anyone you know is interested, please fill out the application on our website!

Join Our Team!

The Social Media / Community manager and Marketing Director positions have be available since last week. We just opened up the Full-Stack Engineering position this morning.

[AOBlockchain]

Daily Update

Good Day BitcoinTalk!

After posting those positions yesterday, we have already received upwards of 20 applications!

Thanks for all of the support.

On the Development Side, we are working on updating the AOBlockchain.io site so it is much more clear as to what we are trying to achieve, and what buying in during the pre-sale will get you.

Please, if you have any questions, let us know!

[AOBlockchain]

Daily Update
Hello BitcoinTalk!

We have been busy talking to potential team members, and updating the website. We got a sneak peak at the website, and it's looking pretty good! Justin D. has been busy working with Richard H. making sure that the user experience of the website makes sense. We are hoping to unveil the new site over the next few days!

Have a great day!

[jdr0dn3y]

Daily Update - Friday

We met with a few potential Marketing Directors, and have a really interesting candidate for our Full Stack Software Engineering position. If anyone is hired we will disclose the full details.

We are ramping up marketing efforts over this weekend, especially in the area of making sure we have all of the information available for our buyers to make a decision.

To be released over the coming few days:

• Full Roadmap
• Revamped Marketing website
• Pre-Sale coin distribution details
• More details on Delegation

Another update will be released later today on what happened today.

[jdr0dn3y]

Daily Update
Hello everyone!

A lot of progress has been made on the new website over the weekend and today. We will be launching the new site tomorrow in the AM eastern time.

Have a great night!

[jdr0dn3y]

Daily Update - New Website Launched!!!

We have finally completed updating our website. It now tracks all of the vital pre-sale statistics, and gives significantly more information about what we are trying to do.

Please check it out, ask questions, and give us some feedback!

Justin D.