Sakura Bloom

by Sakura Bloom

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IPFS

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Tendermint

by Interchain Foundation

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Sakura Bloom

by Sakura Bloom

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IPFS

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Sakura Bloom allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

Token Stats

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Company Description

Sakura Bloom is a Japanese company that is developing a blockchain-based rewards network. It will allow businesses to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them in different ways. The network is powered by the SKB token.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

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