Blockchain : Bluzelle how advanced is the project?
Bluzelle was founded in 2014 by Pavel Bains and Neeraj Murarka. Below are some of the past achievements by the company:
**2015**
* Launched Canadian Ripple Gateway directly connected to Canadian Banking debit network
**2016**
* Raised seed financing round
* Built Ripple-based cross border payments POC for global banking platform Temenos
* Built Ethereum-based consumer mobile insurance application for global insurer AIA
**2017**
* Built Ethereum-based KYC Ledger for international banks consortium consisting of OCBC, HSBC and MUFG
* Built Ethereum-based insurance platform for a large Asian insurer
* Raised $1.5 million round from international VCs Global Brains (Japan), True Global Ventures (Europe) and LUN Partners (China)
The initial release is expected to be out before the crowdsale. You can watch the demo of it here: [https://primetime.bluejeans.com/a2m/events/playback/72d73b98-90c7-407c-9b27-943f831c263a?ct=t(ICYMI_213_20_2017)](https://primetime.bluejeans.com/a2m/events/playback/72d73b98-90c7-407c-9b27-943f831c263a?ct=t(ICYMI_213_20_2017))
Below is a current roadmap projected by the Bluzelle team for their development over the next 2 years:
**Q1/2 2018** – Database storage and retrieval development.
**Q3/4 2018** – Desktop, browser, and mobile apps for more interaction, and node scoring/health metrics.
**Q1/2 2019** – Functionality updates, along with proof of stake requirement for producers.
**Q3/4 2019** – Massive Security updates to protect against a myriad of potential attacker techniques.
What is the Blockchain?
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.
Author: ngockhanhvtv
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