Bluzelle seems a great value addition to the blockchain ecosystem

Bluzelle seems a great value addition to the blockchain ecosystem


Let's have a look at the Bluzelle

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The Problem


Blockchain technologies are propelling the next genera_on of the Internet. Protocols like Ethereum are a platform for launching decentralized applications (dApps) that will change the way products and services are consumed. These dApps will exchange massive amounts of data that
need to be stored and managed. The problem is blockchains like Ethereum are not designed for data storage and management; doing so would take up too much space and take too much time.

 

The Solution – Bluzelle

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Just like decentralized services like Filecoin and Storj are needed for file storage & management; there is a need for data storage & management. Bluzelle is a decentralized, on-demand, scalable database service for dApps. Bluzelle fills a need and is complementary to the other components
to make the decentralized Internet complete. Without these decentralized components, the decentralized Internet would not be able to run efficiently and scale to massive use.

Current Vs Future

 

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Bluzelle is the right fit because it provides enterprise-grade database services at a price for all Decentralized Applica2on (dApps) developers. Just because its having all potential things which is needed for the being future of the data storage over the blockchain.

 

HISTORY OF BLUZELLE


Seeing that blockchain can provide numerous benefits to the finance industry, Bluzelle was formed in July 2014. We created a technology stack that abstracts the complexities of managing blockchain applications. So its a viable proof of the authentication of the integrity of the team which is working for advancement of the blockchain data storage system from last 6 years. Working with enterprise customers revealed one critical challenge for widespread adoption of blockchain applications: the management of large amounts of data. This discovery led to the formation of the Bluzelle decentralized database service. 

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THE CURRENT STATE OF DATABASE SERVICES

It’s estimated that in 5 years there will be over 20 Billion connected devices that require the generation, management, storage, and retrieval of enormous amounts of data. “Business leaders demand next-generation applications and new insights to drive more intelligent engagement and better decisions. To get there, enterprise architects need to design an agile technical architecture that can scale automatically with capabilities, such as databases, that are always available to support new initiatives. It takes enormous time, effort, and coordination to provision new databases today because of a lack of resources to meet the administration challenges of rolling out complex clustered systems.” Forrester Research, 2017 Market Overview Database As A Service to address this problem, emerged the Cloud Database and Database-as-a-Service (DBaaS) market. According to Markets and Markets, this industry is expected to grow at a CAGR of 67.30% to $14.05 billion by 2019. There are four primary drivers of demand for DBaaS:

  • Consumer personalization apps - financial, dating, social media products
  • Internet-of-things (IoT) applications - everything is being connected
  • Mobile apps - amount of data consumed is growing exponentially
  • Line-of-business (LoB) collaboration - business units share more info

With all these applications producing more and more data, past and present database management services are under-equipped to meet the needs of businesses. There are problems centered around performance, reliability and scalability. These can lead to problems of data breaches resulting in massive amounts of data theft.

The systems of the past and present will now evolve to the future: The Bluzelle decentralized,
on-demand, database service.

 

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BLUZELLE FEATURES

Bluzelle is a decentralized database service for dApp developers. To ensure developers get the highest throughout in performance, reliability and scalability, Bluzelle implements swarming technologies. A swarm is a large group of nodes (computers) that work together to store and manage data. Nodes in these swarms can go down and new nodes can come up with minimal impact on the network. Overall Bluzelle is a meta-swarm comprised of multiple swarms. That ensures a high scalable and secured data storage system to immune the blockchain layers to scale up the layers.


Performance

Bluzelle’s unique and proprietary swarming techniques were designed for the highest performance. Bluzelle can reduce latency by retrieving data from the nearest nodes on the leaf swarm, and/or increase speed many fold by retrieving data in parallel from the fastest nodes on the leaf swarm. This is like torrents and seeds. When data is requested, it is done in parallel where chunks (shards) are requested from all the different swarms that contain those shards, and these are all retrieved in parallel, resulting in desirable performance metrics.

Reliability

Using the concept of fog or swarm computing, Bluzelle follows a model where every unit of data is 100% replicated in a single leaf swarm amongst a swarm of swarms. So while the data is only in one swarm, that swarm’s nodes are aplenty and are geographically dispersed, immune to localized outages caused by either natural or human-related events.

Scalability

Scalability is possible both horizontally or vertically. Bluzelle manages the various strategies and considerations around the use case of having to increase scale. Horizontal scaling is a cornerstone of the Bluzelle architecture, where every swarm is another “unit” of horizontal scaling at the meta swarm level. Within every leaf swarm, every node acts as yet another agent of horizontal scaling, at the leaf swarm level.


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Target Market

Bluzelle has three groups that it targets to become a mainstream product like Oracle Systems. Bluzelle will start the first with the first group and then expand outwards.

Early Adopters - dApp developers.

One of the fastest growing segments in the sotware industry. It involves sotware developers writing blockchain based applications that take advantage of other decentralized technologies that are complementary to Bluzelle.

Early Majority - small-to-mid size developers.

Refers to developers that are not in dApps but building common web, mobile, hardware applications. These developers are writing games, productivity
software, mobile applications, utility software, and many other software products.

Late Majority - enterprise sotfware architects.

The large enterprises who see how dApps and other developers use Bluzelle and then have the valida_on to also move their data storage needs to us.

 

Recent Developments of the Bluzelle 

 

Bluzelle join forces with the PolkaDot 

With aiming to provide highly secured and scalable data storage to the Polkadot ecosystem projects Bluzelle entered into the Polkadot ecosystem and now we can assume that Polkadot ecosystem projects will have decentralized data storage and decentralized databases on the Bluzelle protocol.

Core Team of the Bluzelle 
 
Pavel Bains, CEO/Co-Founder

Pavel has over 15 years experience in operational management, digital technology and finance. An NCAA honor roll student-athlete from UCLA, Pavel also was the co-founder of Storypanda, a digital book platform that published critically acclaimed titles by DreamWorks, Warner Bros, Peanuts and more. Pavel was in GM and CFO roles for video game studios, including looking after 7 Disney studios across four continents and 350 people and
$150M budgets.

 

Neeraj Murarka, CTO/Co-Founder

Neeraj is an engineer and computer systems architect with over 20 years experience. He has worked for Google, IBM, Hewlett Packard, Lufthansa, Thales
Avionics. Projects include: locking down of modified Android OS for retail markets; multicast UDP satellite-based systems, design and development of secure and FFA-approved systems for Airbus and Boeing. Neeraj was the fourth employee of acquired blockchain startup, Zero Block.

 

Price

 

Conclusion

 

So far after researching a lot about the Bluzelle project my call is to being a trader and crypto enthusiastic is to surely believe in the Bluzelle project. 

|| Astu ||

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Cryptozeean
Cryptozeean

Crypto Enthusiastic from Mumbai


DeFi is good but beware of the scams
DeFi is good but beware of the scams

Yes !!! Everyone in the crypto space talking only about DeFi nowadays that is really good part to be on transparent and tamper-proof blockchain layer if connected with community authorized Decentralized Finance for all of us here but take care of the facts that it also attracted many scammers to start scamming innocent people trapped for the easy money. People in the greed of easy x5 and x10 profit started investing closed eyes on the name of the #DeFi and that could lead us to the 2017 fake ICO scenario.

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