THELOGICALINDIAN - Colu specializes in authoritative assets agenda through the useof black bill and the Bitcoin blockchain Although the serviceis still in beta Colu has alreadymade a affiliation with Revelator a aggregation that isbuilding a rights administration API that will advice to allay abounding of the problems adverse the music industry
Also read: Cloud Mining Provider Scrypt.cc Drains Bitcoin From User Balances
I batten to Mark Smargon, Co-founder and VP of Product, from Colu apropos what Colu is and asked a little bit of how it works:
What is Colu and what is it aggravating to achieve?
Colu allows creating a band of agenda assets on top of the internet application the Bitcoin blockchain – the greater eyes abaft this, is to adjust amount and advice by application blockchain based agenda asset.
Our aesthetics at Colu is to acquiesce businesses to use this technology and action band-aid to their audience today. We accept that creating a acceptable adaptable acquaintance for the end-user abstraction is a key agitator for adoption, that’s why we absitively to absolution Android & iOS apps forth with our platform, so developers and companies can analysis their account and instantly appoint with their user base.
With the new platform, developers with little to no Bitcoin knowledge, can affair and administer agenda assets for assorted uses, from banking industry (shares, bonds, stocks), annal (certificates, copyrights, documentation) to buying (event tickets, vouchers, allowance cards).
How is blockchain technology acclimated in Colu?
The basal technology we are application is the new accomplishing of black bill developed by Colu. We use this agreement in our Colu Engine that allows alone developers to affair and administer agenda assets according to their needs and accommodate them in their project. Our SDK/API allows accessible affiliation with the belvedere for assorted of use cases and automatically handles all bitcoin-related issues in the backend. By application Bitcoin Blockchain we can administer to advance accoutrement almost fast with aerial akin of assurance and security. We focus on how to accomplish blockchain technology trusted by defining the guidelines and rules surrounding agenda assets.
Colu is currently in beta, what does this beggarly for anyone attractive to accord Colu a analysis run? When should we apprehend a abounding release?
At the moment, anyone can go to colu.co , analysis the Quick Asset Issuance and alpha affair their own agenda assets and see them on the Block Explorer.
You can additionally download the Colu Bag app (available for iOS and Android) – adaptable agenda wallet that enables to store, send, accept and administer agenda assets in one place. Soon, we will be out of beta and will accredit customizing and managing features back it comes to affair your agenda assets.
How do you see black bill and blockchain technologies actuality acclimated by consumers in the abreast future?
By creating a band on top of Bitcoin, we can extend the functionality of agenda currency. We already seeing new startup and account appear in the aftermost months that advantage those possibilities – we accept we are actual abutting to a point those account breach the “POC” date into boilerplate adoption. The actuality that you can accord your users a “seamless” acquaintance for application agenda asset after any complication that Bitcoin sometimes enforces ability be the agitator for adoption. Our greatest claiming is to absolutely attach the account agency for this technology after compromising on aegis but we are assured that this technology has the abeyant to beat Bitcoin’s user base.
Anything you’d like to add accurately to say to the readers?
We acceptable all developers to alpha agreement with the belvedere and affair accordant agenda assets and services, customized to their needs.
Thank you, Moran, for your time!
What do you anticipate of Colu? Will others chase Revelator footsteps of application the blockchain to break industry problems? Let us apperceive in the comments below!
Photo Sources: Colu
