Go to the list of all blogs
Allana's Avatar
published in Blogs
Feb 15, 2021

Does the Decentralized Web Need Databases? Bluzelle Says “Yes”

The decentralized internet is a true work-in-progress. As concern about the availability of personal data on traditional channels grows, it is inspiring more people to flock to this nascent decentralized branch of the web. Companies and developers are working to build the basic services to make it practical and useful. But decentralized apps (abbreviated as dapps, pronounced “dee-apps”) are currently extremely slow, and functionality is hit-or-miss. Bluzelle, a company who raised $19.5 million in a recent ICO, is hoping to solve the problem through decentralized databases.

Why Databases?

Databases are integral to a functional internet. They allow structured, readable data to be easily accessed by apps and websites, which ultimately drive the services we take for granted, like weather updates and stock reports. This interactivity has thus far been difficult to replicate on the decentralized web, where encryption and de-encryption have made it clunky to perform these tasks. But the significant interest in Bluzelle’s ICO represents both a belief in the potential of decentralized storage and an acknowledgment that it’s high time to get it right.

Bluzelle’s Cryptocurrency

It’s fitting that a company focused on decentralized storage would use a cryptocurrency, long touted as the best example of a thriving infrastructure built without central authorities, to fund their venture. The ICO sold one-third of Bluzelle’s 500 million tokens, the Ethereum-based BLZ; this is actually the first of two tokens the company will make available. The second token, BTN, is for use on Bluzelle itself as the company scales – it will allow for micropayments that would have been too cumbersome on the ethereum blockchain, as well as real-time pricing based on demand.



Tokens were a natural fundraising choice for Bluzelle, because coinholders will have an investment in the continued success of their project. Pavel Bains, the company’s CEO and co-founder, also explained that because BLZ and BTN will be tradeable with each other, demand for the platform will be reflected in the coins’ prices, lending an air of transparency to the project.

What’s Next?

The company is focusing on twin goals: developing a cryptocurrency-related dapp, where obvious use cases abound (like currency exchange protocols that read and write significant amounts of data). For that, it’s targeting an April soft launch. It is also working to create a community of developers, who typically adopt and improve technology before the greater public signs on.

Bains ultimately views Bluzelle as “complementary piece” in the decentralized internet’s ecosystem, performing the same function as MySQL does on the traditional web. He believes that major companies will switch en masse to decentralized databases as they further develop. If they do, his company may well lead the way.

Are you interested in tracking and/or trading Bluzelle’s new cryptocurrency coin? Tickeron’s Artificial Intelligence may be able to help, by tracking the coin and looking for technical trading patterns that may offer insight into where the coin is headed. Learn more about how you can use Tickeron’s algorithms to trade the cryptocurrency markets, on tickeron.com.

Ad is loading...
Discover the dynamic world of cryptocurrency trading with Tickeron's AI analysis. Capitalize on bullish and bearish patterns in Origin Protocol (OGN.X), with gains up to 27.80%. Stay ahead with Tickeron's real-time insights and make informed trading decisions. #CryptoTrading #AIAnalysis #OriginProtocol #InvestSmart
Dive into the world of trading excellence with our Best AI Robot of the week! In a market characterized by growth, the key to maximizing profits lies not only in mainstream large-cap stocks but also in exploring opportunities across different market segments.
This article delves into the performance of AI trading robots, specifically those utilizing the "Swing trader: Long-Short Equity Strategy (TA&FA)." These bots showcased their prowess by delivering a notable +4.98% gain while engaging in MRNA trades over the previous week. Beyond mere statistics, we explore the technical indicators and recent earnings report of MRNA to shed light on the underlying dynamics influencing the stock.
Artificial intelligence (AI) trading bots have become powerful tools for investors seeking active trading opportunities. In a recent analysis conducted on the "Day Trader: High Volatility Stocks for Active Trading (TA&FA)" platform, AI trading bots exhibited impressive performance, generating a noteworthy +4.81% gain while actively trading Shopify (SHOP) over the course of the previous week.
In the dynamic world of finance, strategic asset acquisition is a game-changer. Recently, a group of stocks within this domain has been in the spotlight, showcasing notable performances and intriguing patterns. This article delves into the recent movements of these stocks, focusing on key indicators, market capitalization, notable price events, and volume dynamics.
The Tickeron quant team is delighted to introduce our best robot of the week tailored for Trend Traders. Our sophisticated AI Robot, has been designed for manual trading enthusiasts who value independent signal selection.
Tickeron's Quant team is delighted to introduce our latest AI-powered robot designed for trading small-cap stocks, employing a distinctive fundamental stock analysis algorithm. This algorithm, renowned for its blend of in-depth analysis and intuitive signal-following capabilities, is well-suited for both novice and seasoned traders.
The Tickeron quant team proudly presents our top-performing AI robot for swing traders. This robot stands out with its remarkable accuracy, empowering traders to capitalize on diverse market conditions and transaction types. Demonstrating its proficiency, it achieved profitability in short trades during last week's strong uptrend in the US stock markets.
One such example is the "Trend Trader: Popular Stocks (TA&FA)" platform, where AI trading robots demonstrated their prowess by generating a notable gain while actively trading Adobe Inc. (ADBE) over the previous week. In this article, we delve into a technical analysis of ADBE's recent performance, shedding light on key indicators and recent earnings results.
​​​​​​​The railroads sector, encompassing prominent players such as Canadian Pacific Railway (CP), CSX Corporation (CSX), Norfolk Southern Corporation (NSC), Canadian National Railway Company (CNI), and Union Pacific Corporation (UNP), has undergone a noteworthy surge in performance over the past week. However, a closer examination reveals a complex landscape marked by negative outlook signals and fluctuating market dynamics.
The Tickeron quant team is excited to introduce our premier AI robot, specifically optimized for Swing Traders. This tool represents the pinnacle of our technological advancements in trading algorithms. Excelling in the market, it has achieved an impressive feat, earning twice as much as the S&P 500 in just the past week.
In the whirlwind of the current mergers and acquisitions frenzy, investors are reaping substantial rewards as stocks within the merger industry theme surged by an impressive 20.9% on average over the past month.
The Tickeron quant team is delighted to introduce our top-performing AI robot tailored for beginners. Our AI Robot specializes in navigating the high-tech stocks within the NASDAQ 100 index, renowned for their liquidity and moderate volatility—making them an ideal choice for novice traders.
In the dynamic landscape of the US stock markets, where unpredictability has become the norm, finding a trading strategy that not only thrives in periods of growth but also shields against sharp corrections is paramount.
The Tickeron quant team proudly introduces our premier AI Robot, tailor-made for trend traders who prefer manual trading and selecting their own signals. This AI Robot stands out with its impressive track record of consistent trading predictions, empowering traders to align their decisions with personal preferences.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week, given the recent downturn in major US stock indices. While the SP500, NASDAQ 100, and Dow Jones Industrial all experienced declines, our AI robot, thanks to its well-calibrated diversification across various industries, demonstrated remarkable resilience.
As the trading week came to a close on Friday, there were notable movements across various asset classes:
Tickeron's quant team diligently monitors developed trading algorithms daily to determine the most effective ones. Today, we are delighted to present three of the best robots tailored for swing traders, showcasing consistently positive results over several months, irrespective of market conditions. This week, they underscored their efficacy by yielding impressive gains across various stocks, even as major US stock indexes dipped.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week. The US stock market has experienced a consistent upward trend for the past five months, heightening the anticipation of a forthcoming correction with each passing day.
Introducing our top-performing best AI Robot of the week, designed by Tickeron's expert quant team for trading small-cap stocks. This algorithm blends classical and proprietary technical indicators, honed through advanced machine learning, to empower users with effective portfolio diversification and maximum profitability in the dynamic market.