Fluence (Fluence) Review

Industry: big data


Description

Fluence an ICO focused on decentralized encrypted database for sensitive data. The ICO originates from Russia and was started in 2018. The idea of the project is securing data with blockchain technologies. It gives a range of benefits to data owners, allowing them storing, monetizing and sharing smart contracts based structured data. Data owners can manage their data in secure decentralized environment provided with infrastructure for aggregation, storage and processing data from various sources.  The advantage for miners is the opportunity of monetizing unused storage.

Fluence network can be used by developers for creating query layer over the blockchains, which will make data simply discoverable and searchable for various applications, as long as decentralized data in an important task for them. Fluence permissionless network gives the opportunity of storing and processing arbitrary data in real-time. Fluence is optimized for best performance in terms of storage and latency.

One of the network’s useful features connecting existing blockchains and other public data sources with each other. Fluence deploys traditional database solutions on a flexible decentralized infrastructure. Fluence uses blockchain for creating a decentralized data organization layer, which end goal is building a decentralized world wide web, which will allow to digitize areas, like healthcare, using a lot of data.


Features

Benefits:

  • Fault tolerance and censorship resistance. Due to decentralized nature, Fluence guarantees maximum uptime and no possibility for data regulation. It automatically balances data replication to keep all data online at any moment.
  • Privacy. Data is split into chunks, encrypted and stored on different nodes that controlled by various hands. There is no way for node owner to spy data or steal it until data owner disclosure the private key to the public.
  • Low cost. Utilization of currently unused storage space brings oceans of capacities to market, decreasing price for storage down. Fluence gives an opportunity for hardware owners to monetize their power similar to Bitcoin.
  • Access management. Fluence provides flexible permissions management model based on proxy re-encryption technology. It allows meeting compliance with HIPAA, GDPR,  HITECH, PCI and other regulations.

Founded: 2018, Russia


Social networks


Conversion Block

  • Token FLU
  • Price 1 FLU = 0.62 USD
  • Bonus Available 
  • Platform Ethereum
  • Hard cap 22500000 USD
  • Country Russia

More on ICO


Technical details​

  • Token FLU
  • Platform Ethereum
  • Type ERC20
  • Price in ICO 0.6200 USD
  • BONUS Pre-ICO 100-300%
  • Hard cap 22500000 USD


Milestones

  • July 28 Pre-ICO announcement
  • August 14 Pre-ICO start
  • September 4 Pre-ICO closing
  • Q4 2017 Main crowdsale

Team

  • Evgeny Ponomarev CEO
  • Dmitry Kurinskiy CTO
  • Alexander Demidko Technical Advisor
  • Michael Egorov Advisor

User review

Fluence will allow to store, query, manage and monetize encrypted structured data, securing it with the power of blockchain technologies. Our goal is to become a go-to database for decentralized Internet applications.


Fluence

Start: October 1, 2018

End: December 31, 2018

Ternion is another fantastic looking project. It's solid team and overall excellent vision are going to catapult this project into the next level of crypto trading. Their platform will integrate fiat trading to enable day traders with the ability to cash in and out with fiat. Still, no exchange has accomplished this simple feature. Ternion will probably be the first, and I want to be there when they make it happen.

Roland   April 6, 2019  

Woah FABA coin! Now this is a game changer. FABA is talking about building a platform for non-accredited investors. Does anyone know how huge this is? This is just as big as institutions buying up crypto and having custody of it. Allowing N-A investors a piece of the pie is crucial in creating the decentralized economy and allowing more players to join. Crypto is meant to be available to everyone, not just the elite few. FABA is here to make everyone money, and this coin is going to be the next big hit. It's logo is awesome and their vision speaks to the majority of crypto enthusiasts.

Corey   April 6, 2019  

Foodnation is working on a respectable platform. They understand that only a few food delivery companies have control of the entire marketplace. This is unacceptable in the current time period. Food companies on a smaller scale should be allowed to gain exposure without being overshadowed by the few companies that own the majority stake. The team is filled with professionals of their given network, and they are adamant in making a change in one of the most important aspects.

Carlos   April 6, 2019  

Add/Read Reviews

https://fluence.ai/  

ICOs that might interest you

We list the most relevant upcoming crypto market ICOs from the industry leaders


Quantocoin
Quantocoin

The present financial system is supported by large-scale financial institutions that provide financial services. This means banks, insurance companies, credit card companies, housing finance companies, money transfer companies.

9 days left

Lynchpin
Lynchpin

Lynchpin (LYN) is the ERC20 token that was entrusted with a mission to address all major problems of the contemporary cryptocurrency market, a very ambitious goal with a hint of arrogance. Nevertheless, apart from being...

10 days left

The Joy
The Joy

The Joy - is a marketplace for the consumers and providers of wellness and beauty treatments. Using the services of The Joy, one can book the arrival of the practitioner to any place (your home, your workplace or the hotel) as well as make an appointment in a beauty salon or spa.

10 days left

HubrisOne
HubrisOne

HubrisOne is advanced application elaborated for mobile devices in order to deeply improve the gap between the traditional banking sector and the cryptocurrency. At present, users of cryptocurrency have little confidence in traditional banking operations...

40 days left