First-generation blockchains like Bitcoin and Ethereum have laid the foundations for how networked systems, web services and digital communities of the future are to be designed and built. First-generation blockchains have been very instrumental in our modern world, and have paved the way for second generation blockchains to drive the adoption. With Continual usage and wide spread acceptance, these First-generation blockchains have challenges. These challenges are Scalability, Security and Usability, Limited Programming Ecosystem, Governance Mechanisms etc.
Metabase is a high-performance blockchain and smart opcodes platform for building decentralized applications and next-generation businesses. It features an advanced virtual machine at its core, expanded blockchain programming capabilities and it is designed with security and usability. Metabase aims to provide light client implementations both on mobile and browser platforms to create seamless integration for blockchain-based applications. Metabase will overcome limitations of first-generation blockchains and enable programmers and entrepreneurs to build their blockchain based solutions on a rich, scalable, secure, easy-to-use and evolving platform. Metabase will feature an upgraded Ethereum style virtual machine. This virtual machine will feature an augmented OpCode space which will unleash a more vibrant ecosystem of programming on the blockchain. Additionally, Metabase will incorporate identity constructs into the Metabase virtual machine, therefore, making identity a first-class citizen on the blockchain.
Some Features of Metabase include:
Metabase Mobile Light Client:
This is a type of blockchain client that does not need to download the entire blockchain to work. Metabase users will start using official mobile wallets right away instead of relying on third-party software. Metabase Light Client will be able to store and process necessary KYC and identity information securely.
Metabase Browser Extension:
Metabase browser extension will enable users to interact with the next generation of products and services safely and securely right from their browser without downloading the entire blockchain.
Metabase Developer SDK and Integrated Development Environment:
Developers will be able to create and deploy new products to Metabase blockchain directly by using the browser plugin and IDE. Metabase IDE will not be limited to compiling and deploying smart contracts but will play a critical role during development and guide developers to use best security practices at every step. By using Metabase SDK, custom applications may connect to Metabase full nodes and interact with their smart contracts without the need for a proxy service. Metabase developers will be equipped with rich APIs on KYC/identification, wallet operations, and blockchain query services which will provide a solid foundation for the next generation of blockchain applications.
The benefits of the Metabase platform includes;
Faster confirmation rates for transactions.
Creation of a marketplace for developers.
Deploying complex software functions as Smart OpCodes on a marketplace similar to Apple AppStore/Google PlayStore.
Smart OpCodes can be used for enhancing security, like introducing a single instruction to validate a cryptographic signature.
Developers will be able to create libraries or small utility applications, define it as a Smart OpCode and submit it to the Metabase marketplace.
Metabase will create easy to use mobile and browser applications for end users and also support developers with robust tools and frameworks, enabling them to create the next generation of blockchain applications.
BLOCKCHAIN TECHNOLOGY AND METABASE NETWORK
In this modern world, where economies are rapidly digitizing and automating, technologies accelerate and converge, globalization is deepening, people, businesses and economies are more interconnected than ever before, competition is heating up, and regulations are becoming more complex, the blockchain technology provides a new foundation for competitiveness as it creates the resilient digital infrastructure necessary to deal with the new rules of the digital economy. It provides a foundation that enables businesses to navigate a faster, primarily digital global economy where complex regulatory issues abound. It also gives businesses the capacity to access the vast economic opportunities that can be found in the world’s untapped developing markets.
With Blockchain Technology,
Facilitation and the direct and automatic transfer of payments or assets between businesses, governments, and people for services rendered. Cross-border payments and remittances can happen with a click of a button from any device in real-time and at a fraction of the cost of today’s transactions. This cuts out excessive intermediary costs, redundancies and dramatically improves operational efficiency.
Blockchain-based identity management systems remove the need to issue, verify and store sensitive customer data. Manual processes that form parts of KYC and AML compliance like the collection, validation, and verification of critical documents and the sharing and reconciling of data can be eliminated.
Businesses can gain the capacity to track and securely register the movement of goods and information across entities and have granular traceability and auditability into complex trade financing or supply chain processes.
Do you know that you can Build your future-proof business on Metabase Network.
Metabase provides a comprehensive foundation to build and monetize next-generation businesses and complex dapps for smart cities, IOT, energy distribution, supply chain, healthcare, finance, insurance and much more. It’s designed to enable any entrepreneur or developer with a basic level of coding experience to utilize it.
THE BRAINS BEHIND METABASE NETWORK- TEAM & ADVISORS
Based in Hong Kong, Intrepid Ventures is a blockchain venture studio that designs and builds new companies and decentralised platforms.
Interpid Ventures serve global businesses at the intersection of blockchain and financial technology across Initial Coin Offerings, Enterprise Software Development, Cryptocurrency Research and Advisory Services, as well as New Media and Event Management. Intrepid is made up of a creative team with a diverse set of skills, experiences, and beliefs. There are three standout areas where we converge. These areas include:
Being pragmatic idealists, Focused into building things that matter, Humanity: This strong human-centric company culture is not only reflected in the way our company operates internally. It is also designed to influence the way we create our products and services and engage our customers and community. And so with a commitment to a human-driven company culture that enables the Intrepid team to thrive and a deep understanding of our clients and community, we embrace human qualities and functional design in everything we do. And so much more.
As Managing Director and Co-founder, Collin takes on a number of roles. He leads the company’s product, marketing and drives Intrepid’s overall vision. He also handles the company’s research on bitcoin and Ethereum and how it impacts emerging markets, industry, and future leaders. Collin has spent most of his career as a designer and entrepreneur in a range of roles. As a designer and entrepreneur, he worked with a diverse set of companies and organizations such as KPMG, Li & Fung, International Finance Corporation, and The Real Life Company.
As the Chief Development Officer and Co-founder, Zach leads the company’s community and business development initiatives throughout Asia and beyond. He builds teams, communities, and ecosystems for startups and Fortune 500 companies. He helps teams and communities scale, building organizations that sustain market leadership. He has helped companies such as Singtel, Google, Salesforce, and SAP.
JOHN PAUL ARMENIO
Intrepid’s Chief Investment Officer and Co-founder. John Paul leads our investment decisions and capital allocations for the company. He is an investor and advisor to Fintech startups and has over 20 years experience creating financial products, teams, and software. He has lead companies such as Morgan Stanley and Mizuho.
CHRISTINE HEISS – Chief Development Advisor to First Pacific
Christine has a wealth of experience in developed and emerging markets, technology sectors, and enterprise and consumer end markets. Having led investment banking and corporate development teams for organisations like PwC Securities, Wedbush Morgan Securities and The SingTel Group, Christine has advised diverse high technology-related companies on all aspects of strategy, investments, M&A, partnerships, new business models and financing. She has also served on the board of directors of Siliconix, a leading NASDAQ-listed semiconductor company, where she co-chaired the audit and compensation committees.
DR. DUNCAN WONG– Founder and CEO of CryptoBLK
Dr. Wong’s expertise is in Cryptography and Information Security. He has authored over 200 publications on the above topic and has served as a member, including the chair, of the program committee for over 100 international conferences in cryptography and information security. Dr. Wong was previously in charge of the FinTech Initiative of the largest R&D Center in Hong Kong, the Hong Kong Applied Science and Technology Research Institute (ASTRI), which focused on Cybersecurity, Blockchain or Distributed Ledger Technology (DLT), Artificial Intelligence, Big Data Analytics, and Machine Learning. And many more……
METABASE NETWORK ICO
Token Name: Metabase Token
Token Symbol: META
Token Value: $0.02
The total ICO hard cap is $41,840,000 USD
Main Sale 2 Start: October 19, 2018
Main Sale 2 End: November 2, 2018
Total Token Supply : 8,000,000,000 ( 8 Billion Tokens)
Main Sale 2 offers a 5% bonus, which will be the last round of bonus sales for the ICO. To allow more users to buy into the sale, the minimum contribution is 5 USD and the buying process has been simplified to 5 minutes.
you can participate while you can here: https://intrepidventures.typeform.com/to/xrYCTz
Metabase is unique in its own way. Compared to other networks, Metabase will feature an upgraded ‘Ethereum style’ virtual machine, an augmented smart opcode space that will create a more vibrant ecosystem of programming on the blockchain. This allows new ways for developers to create advanced decentralized applications and monetisation capabilities. Metabase will also incorporate a dynamic monetary policy system into our scalability solution to create a platform with stable transaction fees for when the platform adoption skyrockets.
Metabase is here to solve some of the world’s biggest challenges by cultivating the untapped ingenuity of makers and innovators around the world. Therefore making it easy for you to launch next generation businesses on an easy to use and scalable Blockchain and Cryptocurrency Platform.
Here is a video interview with one of the brains behind the project:
For more information, you can read through these blog posts from the metabase team:
And follow theses links to get acquainted:
Metabase Blog: https://medium.com/metabase-blockchain
Facebook Messenger: https://www.messenger.com/t/weareintrepidventures
Facebook Page: https://www.facebook.com/metabasenetwork/
Telegram Metabase – https://t.me/metabasenetwork
Technical White Paper: https://whitepaper.metabase.network/
Token Sale Economics: http://token.metabase.network/
Research Roadmap: https://roadmap.metabase.network
Bounty program thread: https://bitcointalk.org/index.php?topic=4416839.msg39350788#msg39350788