Neblio, a project aimed at revolutionizing business enterprises through the usage of blockchain technology, is one of the crypto projects among a couple thousand others that are floating around the in the crypto universe right now. Unlike bitcoin, it employs Proof-of-Stake (PoS) as its consensus algorithm.
Recently, BlockPublisher got in touch with the Marketing Advisor of Neblio, Yuval Amar, to get more information regarding the project. Talking about Neblio’s plans to expand its adoption, Yuval stated:
We are working with Ladder which is a leading marketing agency on targeted developer oriented marketing campaigns. Started in Facebook and Youtube and are going to expand to other channels as well.
Further talking about Neblio’s community, Yuval said:
Community is very strong (although not the biggest) and growing steadily.
Community is sometimes a strong indicator of a project’s success. Community’s growth matter a lot if a project is to grow and mature. As Neblio’s community is growing steadily, it implies that the prospects of the project are largely positive.
Upon inquiry regarding Neblio’s appeal for a normal crypto user, Yuval stated:
For a non developer crypto user Neblio offers a staking wallet. Since Neblio is a POS (proof of stake) blockchain, any user that has our desktop wallet with NEBL tokens in it, and leaves the wallet open for staking, will get free NEBL tokens (around 10% / year) as a reward for allowing the network to use the wallet for transactions validation.
PoW has been under a lot of stress lately owing to the heavy requirements of hardware that are needed for the miners to perform mining. This sometimes introduces centralization in the network as nodes with higher mining power as a result of expensive hardware capabilities stand a stronger chance of verifying the transactions and getting the reward. Canceling this out, Neblio employs Proof-of-Stake (PoS) mechanism at its core. Nodes are also incentivized to perform mining as rewards are granted to the wallets which get involved in this process.
Instead of saturating the financial market with redundant services, Neblio aims at making usage of blockchain easier in the business arena. It provides businesses the facility to make use of this revolutionary technology to develop and deploy decentralized applications (dApps) employing distributed ledger technology (DLT) at its core. DLT makes all the happenings of the network visible to all and as a result, a transparent fabric of operations is established. Blockchain can prove to be revolutionary in frameworks where transparency is of utmost importance, and Neblio might just prove to be thing that is needed at the moment in order to make it happen, if all things go in its direction of course.