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Cloudera Chain, protecting the present with data and leading the future with technology

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Since the creation of Bitcoin in 2008, the distributed ledger has broken away from the traditional server and started to explore a new digital network. But we seem to ignore the volume of data itself. In the trillions of blockchain market, the volume of bitcoin Ledger has reached 200 + GiB. We can even worry about whether the future blockchain ledger can keep up with the growth rate of transaction data.

It’s not just the ledger. It like the total node data volume of Ethereum has increased 19 times during the period of 16-17 years. At the same time, the blockchain data of any project is growing with the growth of TPS. Although there are many projects with data compression technologies trying to solve the existing problems, the amount of data is still growing. Will there be an upper limit for compression technology? This is the problem.

We have noticed the problem of data flow in the early stage. Although the blockchain field is famous for its decentralized technology, why can we create a decentralized database based on the traditional database? Therefore, in order to meet the actual demand of blockchain for data flow, we designed Cloudera Chain based on binance smart chain, which provides users with decentralized cloud database network system and the best NFT + DeFi protocol, and constructs an independent and open NFT ecosystem.

Compared with Bitcoin and Ethereum, Cloudera Chain does not use blockchain to record data as much as possible, but the data calls need to go through smart contract processing. We use new functions to extend decentralized applications to the global database. These decentralized applications define new data types、new protocol flow between nodes and “smart contract” that allows changes.

In terms of technology, we integrate the cloud data technology advantages of Cloudera and Hortonworks, map every cloud database to the blockchain network, realize the safe and efficient sharing of data, and allow the trustor and notary to call the contract. However, these shared data are based on openness, which greatly simplifies the data synchronization process, It has higher TPS and transaction can be confirmed in the whole network faster.

Cloudera Chain has the following new features:

1.      New transaction types can be defined by JVM bytecode;

2.      Transactions can be executed in parallel on different nodes without any node knowing the other party transactions;

3.      All nodes are deployed in the authenticated peer-to-peer network, and all communication between nodes is direct;

4.      Transaction conflicts can be resolved by pluggable notary module without block. Any single Cloudera network may contain multiple notaries, which provide guarantee with various algorithms, so Cloudera Chain does not rely on any specific consensus algorithm.

5.      All data is shared based on “Need-To-Know”.A transaction dependency graph is provided between nodes, and the data is only sent to another node according to the need, but the global broadcast of all transactions is not carried out.

6.      Bytecode transmission mechanism supports complex and multi-step transaction modeling process modeling.And they can last several days, restart across nodes, and even upgrade.

7.      The cloud database structure provides a rich type system, such as time, currency, legal entity and financial entity, such as cash, issuance, transaction, etc.

8.      From the beginning, it considered the integration with the existing system. The network can support the rapid batch import of data from other database systems without loading on the network.

9.      There are many built-in application modules, which can meet the needs of different business activities.

10.     It will allow users to cast different types of NFT that have been used for transactions, based on the cloud database.

In addition to the network system on the chain, we also designed an economic model to make the whole Cloudera Chain run under Credit Incentive.

Cloudera Data platform, it is the industry first enterprise data cloud, which conducts multi-functional analysis on a unified platform. From Edge to AI, it relies on data to discover new opportunities. The total amount of governance token issued is 20 million pieces, among which 70% will be distributed to the users through IDO(Initial DeFi Offering). And the remaining token allocation ratio is: 5% for foundation, 10% for ecological development, 7% for investor and 8% for team; Among them, the proportion of the foundation will be unlocked linearly in five years, while the ecological development and the investors will be unlocked seperately in one year and two years. The team will have no lock-up period.

Cloudera Dataflow,It is a scalable real-time data flow analysis platform on the chain, which can capture, plan and analyze data to obtain key insight and real-time operational intelligence. CDF is its governance token, which provides a unified security and governance layer among all dataflow components.

Hortonworks Dataflow, Originally developed by Hortonworks, it is an open source framework suitable for distributed storage and processing of large-scale multi-source datasets. It can modernize it infrastructure, maintain network with HDF token, improve customer experience and control cost.

Shared Data Experience, It is the basic component of Cloudera Chain cloud data service platform ecosystem, providing a set of metadata based integration of security and governance technologies, and providing persistent upper and lower layers in all analysis and public and private clouds. Its token SDX is produced through LP mining, which is used to manage the ecology of SDX and provide and liquidity mining.

In general, Cloudera Chain is a decentralized database system integrating multiple architectures and ecology. It not only undertakes the data storage of business behavior, but also provides diversified token portfolio for the network based on the incentive model of defi. Besides using CDP to maintain the network, users can also use CDF-HDF-SDX to achieve liquidity mining and obtain value. Cloudera Chain will protect the present with data and open up the future with cryptography.

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Algoli Launches Network of Local Life Insurance Websites, Broadening Access to Digital Decision-Making

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Algoli LLC, the parent company of GetSure.org, has debuted a network of local life insurance websites to make life insurance more accessible and understandable through digital innovation. This initiative targets communities nationwide, starting with cities like San Jose, Charlotte, and Detroit, by offering tools to demystify the life insurance buying process. These tools include an eligibility analyzer, a price analysis tool, and a user-friendly online application process.

Greenbrae, California, United States, 19th Apr 2024 – Algoli LLC, the parent company of the digital life insurance platform GetSure.org, announced today the launch of a network of local life insurance websites. This expansion allows Algoli to bring its industry-leading digital life insurance tools to a broader population and is in keeping with Algoli’s mission to demystify the process of securing life insurance.

Rikin Shah, CEO of GetSure, expressed confidence in this initiative, stating, “This expansion into local life insurance websites represents a strategic and thoughtful response to the evolving needs of consumers across different communities. By leveraging digital technology, we aim to simplify the life insurance process and ensure that our tools and resources are finely tuned to the specific realities of each local market we serve. It’s about practical, tangible benefits – making life insurance more accessible and helping individuals and families navigate their options with greater clarity and confidence.”

A Pioneer In Digital Life Insurance Solutions

 

At the heart of Algoli’s new venture into local markets is its subsidiary, GetSure.org, which has become synonymous with innovation in the digital life insurance sector. GetSure.org has earned its reputation by developing tools that demystify the life insurance decision process, specifically:

  • An eligibility tool that helps individuals understand their approval prospects (across 315 medical conditions) before they apply
  • A price analysis tool that evaluates cost-effectiveness based on a series of factors, such as life expectancy
  • A 100% online, mobile-first application that allows customers to apply for a policy in 11 minutes, on average

According to Rahul Jat, Lead Developer at GetSure:

“With today’s technology, you can build the judgment of a seasoned life insurance agent into a tool and bring it to consumers at large,” says Rahul Jat, Lead Developer at GetSure. “Tools like our eligibility analyzer and price analysis tool empower consumers to make informed life insurance decisions. With the launch of our local life insurance websites, we’re ensuring that everyone, regardless of their background or location, has access to the resources they need to make informed decisions about life insurance.”

Expanding Access to Tailored Life Insurance Services

Algoli’s expansion into local markets through its network of specialized life insurance websites represents more than just a growth strategy; it’s a mission to make life insurance more personal, accessible, and tailored to the unique needs of communities nationwide. By identifying key markets where the demand for accessible and understandable life insurance information is most acute, Algoli aims to bring its innovative tools and solutions directly to the doorsteps of those who need them most.

The targeted markets for this initiative include vibrant and diverse cities such as San Jose, Charlotte, Chicago, Columbus, Denver, Detroit, Fort Worth, Jacksonville, Oakland, Orlando, and San Antonio. These cities were selected based on various factors, including demographics, market needs, and the potential to impact local communities significantly. Each location represents a unique opportunity to address specific challenges and opportunities in accessing life insurance, emphasizing Algoli’s commitment to building a more informed and financially secure future for families across these communities.

For example, Denver’s life insurance needs its rapid population growth and an increasing awareness of financial security among its residents. In contrast, cities like Detroit face unique socio-economic challenges that may require a customized approach to life insurance education and access.

Algoli’s local websites, such as lifeinsurancedetroit.com, are designed to cater to these different community needs. They offer residents a platform that provides vital information relevant to their circumstances and access to innovative tools.

Through this localized approach, Algoli aims to bridge the gap between traditional Oakland life insurance policies and the evolving needs of today’s families, making it easier for people to understand the nuances of life insurance and secure their families’ futures.

This expansion into local markets signifies Algoli’s relentless pursuit of innovative solutions that cater to the diverse needs of individuals across the United States. Algoli sets a new standard for how life insurance services can be delivered and experienced locally by providing platforms that resonate with each city’s cultural and economic fabric.

Future Expectations

As Algoli embarks on this journey into local markets, the company sets forth a vision of expansion and meaningful impact. Its entry into life insurance in San Jose, Charlotte, and Chicago, among others, is just the beginning. Algoli envisions a future where the daunting task of selecting life insurance is transformed into an empowering and straightforward process for individuals and families nationwide.

Algoli’s innovative tools—tailored to meet the needs of each community—aim to redefine the standards of the life insurance industry. The company anticipates these tools will significantly increase the number of informed insurance buyers, fostering a culture where decision-making about life insurance is done confidently and efficiently. The expected outcomes include heightened awareness about the importance of life insurance, improved access to customized insurance solutions, and, ultimately, more families enjoying the peace of mind that comes with securely protecting their futures.

And Algoli is not stopping soon. The company has its sights set on continuously improving its offerings and expanding its reach. Plans include analyzing feedback from the initial markets to enhance the user experience further and introducing additional tools that address emerging needs and technologies. Algoli also plans to expand its network to include more cities, steadily working towards a nationwide presence that makes life insurance accessible and understandable for all.

The company’s commitment to innovation, combined with a deep understanding of the diverse needs of the American population, sets the stage for a future where choosing life insurance is an informed, stress-free process. As Algoli moves forward with this initiative, it invites industry stakeholders, community leaders, and potential customers to join in this endeavor to secure a brighter, more secure future for families across the United States.

For more information about Algoli’s local life insurance websites and the tools and resources they provide, please visit the respective city websites or contact Algoli directly via the contact info provided below.

Contact
Martha Orr
Head of Media Relations, Algoli LLC
Email: [email protected]
Phone: (415) 949-0496

Media Contact

Organization: GetSure Insurance Agency

Contact Person: Rikin Shah

Website: https://getsure.org/

Email: Send Email

Contact Number: +18609668834

Address: 290 Via Casitas #102

City: Greenbrae

State: California

Country: United States

Release Id: 19042411254

The post Algoli Launches Network of Local Life Insurance Websites, Broadening Access to Digital Decision-Making appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Soileum Network: Transforming Digital Identity with Secure Open Identity Layer SOIL

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Bangalore, Karnataka, India, 19th Apr 2024 – In an era where digital identity is increasingly under scrutiny and centralized control, Soileum Network emerges as a beacon of hope, spearheading a self-sovereign decentralized identity revolution. With its inception dating back three years ago, Soileum Network has been diligently crafting a paradigm shift in the digital identity landscape. At its core lies the Secure Open Identity Layer (SOIL) technology, redefining trust in trustless decentralized environments.

Designed on the principles of innovation and security, Soileum Network operates on the SPoS (Secure Proof of Stake) consensus mechanism. This mechanism not only ensures the integrity and security of the network but also facilitates seamless scalability, essential for widespread adoption.

The versatility of Soileum Network extends across a myriad of sectors, including but not limited to governments, finance, energy, shipping, transportation, railways, airport security, and supply chain management. By bridging the gap between traditional industries and cutting-edge blockchain technology, Soileum Network opens doors to unprecedented efficiency, transparency, and security.

Originating from India, Soileum Network bears the mark of blockchain expertise under the visionary guidance of its founder, Mr. Badrinath Mutkule. The technology pioneered by Soileum is disrupting the digital identity industry at an unprecedented pace, setting new standards for innovation and reliability.

Central to the Soileum ecosystem is the $SOIL token, serving as its native currency. This token empowers users to seamlessly transact and access a plethora of services within the Soileum Network. By fostering a thriving ecosystem of transactions, $SOIL token plays a pivotal role in driving the adoption and sustainability of Soileum’s decentralized infrastructure.

As a testament to its commitment to community engagement and empowerment, Soileum Network is actively running airdrop campaigns and hosting various competitions for the global crypto developer community. By joining Soileum’s vibrant social media channels, enthusiasts and developers alike can become integral contributors to the ongoing revolution.

In conclusion, Soileum Network stands at the forefront of the self-sovereign decentralized identity revolution, powered by the innovative Secure Open Identity Layer (SOIL) technology. With its unwavering commitment to security, innovation, and community engagement, Soileum Network paves the way for a future where individuals have full control over their digital identities. Join the revolution today and be a part of shaping tomorrow’s decentralized world.

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Media Contact

Organization: Soileum Network

Contact Person: Badrinath M

Website: https://soileum.com

Email: Send Email

City: Bangalore

State: Karnataka

Country: India

Release Id: 19042411249

The post Soileum Network: Transforming Digital Identity with Secure Open Identity Layer SOIL appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Patio Productions Launches First of Four-Part Spring Into Summer Sale

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Patio Productions, a premier outdoor furniture retailer in San Diego, has launched the first of its four-part “Spring Into Summer” sale, offering 15% off already-discounted pricing on products from renowned brands Ratana, Three Birds Casual, AEI, and Pyromania through April 30th. Total savings average ~45% off MSRP for these products while supplies last. With the largest showroom in San Diego and a vast 20,000 square foot warehouse, Patio Productions ensures customers can create their dream outdoor oasis before products sell out for the season. Three more two-week sales series featuring different brands will follow.

San Diego, California, United States, 19th Apr 2024 – Patio Productions, San Diego’s premier outdoor furniture retailer, is kicking off its highly anticipated “Spring Into Summer” sales event. Running from April 16th to April 30th, this first of a series of four sales series offers deep discounts of 15% off already-discounted prices on all items from specified brands Ratana, Three Birds Casual, AEI, and Pyromania. For most products from these manufacturers this amounts to ~45% savings off MSRP.

Patio Productions Launches First of Four-Part "Spring Into Summer" Sale

These promotional prices are exclusive to Patio Productions, and are the result of many years of partnership and proven expertise.

“This spring sale celebrates the strong partnerships we’ve built over the years with these exceptional brands,” said Lynne Madden, Sales Manager at Patio Productions. “We’re thrilled to share these savings with our valued customers as they gear up for outdoor living season.”

The Spring Into Summer event spotlights Ratana‘s premium wicker patio furnishings, renowned for exceptional craftsmanship honed over 40 years. Three Birds Casual brings sustainable, grade-A teak and aluminum furniture crafted with an unwavering commitment to quality. For luxurious outdoor cooking and dining experience no matter the temperature outside, AEI offers innovative grills and patio heaters tailored for commercial and residential spaces alike. Completing the al fresco ambiance, Pyromania’s handcrafted fire pits elevate any backyard retreat.

Beyond this inaugural sale, Patio Productions has three more two-week sales series planned through late spring, each featuring exclusive discounts on different premium brands. As a true industry authority with the largest showroom in San Diego and a 20,000 square foot warehouse, Patio Productions is perfectly positioned to offer unbeatable prices on a vast array of luxury outdoor furnishings.

However, savvy shoppers know spring is prime time to secure the best selection before products sell out for the season. By kicking off the Spring Into Summer Sale now, Patio Productions ensures customers can create the outdoor oasis of their dreams before summer’s first heat wave hits.

With roots dating back to 2006 as an e-commerce drop-shipping business, Patio Productions has grown into an industry leader by offering high quality yet accessibly priced outdoor furniture. The company’s commitment to top-tier product curation and customer service make it San Diego’s go-to destination for transforming any outdoor space.

To learn more about the Spring Into Summer Sale and Patio Productions’ exceptional offerings, visit PatioProductions.com.

Media Contact

Organization: Patio Productions

Contact Person: Mike Bowman

Website: https://www.patioproductions.com/

Email: Send Email

Contact Number: +18889474449

Address: 2161 Hancock St

City: San Diego

State: California

Country: United States

Release Id: 19042411247

The post Patio Productions Launches First of Four-Part Spring Into Summer Sale appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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