We are currently living in the modern culture of innovations and technology. We are surrounded by many ingenious devices and applications. We want everything to be at our fingertips, with maximum ease of handling. When moving more towards the beautiful world of technology, we are very much addicted to smartphones. We can't think about a single day in our life without our mini gadget called smartphones. Hence, the smartphone penetration is growing at an impressive rate. Although, the increasing number of people who have smartphones in their pocket, the connectivity and high cost of data make a large part of the world impossible to access the immense world of the network.
In the emerging market, most of the smartphone users use prepaid mobile numbers and small top-ups in a small increment from the local resellers. It is very common for these users to turn off the data on their phone for saving their money. Thus they become wifi scavengers in search of the open network to which they can connect. These many problems create a large economic barrier for limiting the mass participation.
In the past era, we have witnessed the high cost of computers and very limited access to the stable power grid and landline connectivity, a large part of the world was late to adopt the personal computers facility. Focusing on the cost parameter and fast advancement in the functionality of the smartphones the emerging market is largely attracted towards the accessing internet using their smartphones, rather than using computers. In the coming years, it is expected that the smartphone internet connectivity will achieve a new level of success in the participation factor.
A steady affordable access to the internet connectivity is already bringing the quality of life gap in the emerging marketplace. The use of the internet is making the life of the people simple and comfortable with lots of add-on features, even it is effective in removing large communication barrier across the world. As the connectivity to the internet has become an essential part of living in the developing world, so companies are always making effort to develop and make it accessible for everyone.
Thus to continue in providing efficient services and free top up at scale the platform called 'Siglo' will be launched, which will even facilitate with the factor of transparency to its users.
Solution offered by Siglo
The Siglo is a protocol which is built upon a proven model with a critical mass participation of users. Furthermore, by adding a blockchain system for transactions, and as a part of the existing top-up rewards model in the Pig.gi app today, it will be able to scale its model across the large emerging market. Even it will be able to support the unique value of the top up coins in every market using a universal clearing protocol.
The Siglo Limited will manage the protocols and work with the apps and providers for promoting the large expansion of the connected world. The ecosystem of Siglo will have sizeable participation through Pig.gi, and while reaching the estimated outline the Siglo will release the open source protocol for other applications which offers an exchange of value between the brands and the users, and have the propaganda of financial and digital inclusion.
The following are the motivation for creating a tokenized blockchain layered protocol
1 The main transactional piece of the ecosystem benefits from auditable, immutable ledgers on the platform of Ethereum blockchain.
i. User transactions
ii. Brand transactions
iii. User to user interface
2 At the Siglo's establishment, maximum of its token will be held and released by the public. Moreover, the company's fund will be used to develop the functionalities and for expansion and promotion of the ecosystem of Siglo.
3 The application of the Siglo could be used for a transparent and secure ledger of value transfer between providers, users, and brands.
4 The Siglo company is developing a smart contract based ecosystem to facilitate the secure and highly efficient transactions.
3 The application of the Siglo could be used for a transparent and secure ledger of value transfer between providers, users, and brands.
4 The Siglo company is developing a smart contract based ecosystem to facilitate the secure and highly efficient transactions.
ICO details for Siglo
For maintaining continuity in providing the free top ups at scale, the Siglo token will be launched. The total 8 billion tokens will be created. By creating the Siglo token it will connects the providers and brands who will directly reward the consumers for their engagement on the platform. All the transactions on the ecosystem of Siglo will be carried out using their esteemed token. Moreover, it will facilitate a great expansion of the Siglo protocol.
Token Allocation:
Conclusion
With all the advanced technology, the Siglo is the future of mobile connectivity in the world, where the increased access to the networks and mobile transactions are paid for by the brand sponsors. Once all the initial targets are met, the SIgglo Protocol will expands its popularity worldwide by its valued token and protocol agendas.
Website - https://siglo.com/
Whitepaper - https://siglo.com/SigloOnePager.pdf
Telegram - https://t.me/Siglo
Published by – dhavid19
Profile - https://bitcointalk.org/index.php?action=profile;u=1795848
No comments:
Post a Comment