At the very beginning of its set-up, Seele showed the appearance of "Born for the Industry" industrial distributed database system. Over the past 3 years, it has been committed to the development of industry-related technical levels and ecological layout. It is a firm believer and practitioner of linking industrial projects and distributed database technology. In 2020, Seele team completed a breakthrough in technology, pinned down some industrial cooperation projects in terms of resources, and completed the brand upgrading from Seele to SeeleN and the granularity subdivision to meet the needs of industrial projects. Now all preparations are done, SeeleN Industrial Asset Value Exchange Platform was officially announced today.
What is SeeleN Industrial Asset Value Exchange Platform?
In recent years, concepts such as the industrial Internet, data assetization, and asset- chaining have been widely mentioned. However, unlike traditional Internet and other public-oriented businesses, healthcare, finance, trade and other industrial projects have the characteristics of complex organizational structure, diversified asset structure and complex business structure. A single solution cannot match its diverse needs. This problem has gradually formed a gap between industrial projects and the selection of distributed database technology.
SeeleN Industrial Asset Value Exchange Platform is designed to bridge the gap between distributed database technology and industry. The platform is composed of the "brand new public chain" representing Seele and the "industrial capital-financial capital coupling module" that represents N (iNdustry), which is designed to connect industrial applications seamlessly. The brand new public chain is responsible for providing the entire platform with an underlying technical layer that meets the requirements of industrial project implementation; while the " industrial capital-financial capital coupling " provides comprehensive modular services for various industrial applications, playing an indispensable bridge role between industrial projects and distributed database system, and is also the cornerstone and unique technical advantage of SeeleN Industrial Asset Value Exchange Platform.
Figure 2-Composite Concept Map of SeeleN Industrial Asset Value Exchange Platform
SeeleN’s new public chain adopts POS BFT consensus mechanism. It has the functions of privacy computing and cross chain protocol and is equipped with asset issuance modules and built-in DEX and KV DB data cache structures for asset mortgage, punishment and on-chain governance (DAO). SeeleN's new public chain will become a truly mature, stable and comprehensive industrial public chain.
Figure 3- Functional Framework Diagram of SeeleN Public Chain
SeeleN’s “industrial capital-financial capital coupling module” is composed of three core components: “digital identity system”, “asset issuance management system” and “programmable transaction service system”. Among them, "digital identity system" is responsible for providing identity identification and storing identity data for various industrial application participants; “Asset issuance management system” is responsible for connecting real-world assets and on-chain assets, evaluating and mapping the value of a series of industrial assets such as knowledge calculation, asset on-chain, and asset mortgage; “programmable transaction service system” is the core module of all value circulation and exchange in the platform, and realizes the trusted data exchange within the platform through privacy computing, as well as the engine for industrial applications to realize various functions on the platform.
Figure 4 - Functional Framework of SeeleN’s Industry Capital-Finance Capital Coupling Module
Autonomous Ecology of SeeleN Industrial Asset Value Exchange Platform
As a community governance model with the characteristics of distributed database system, Decentralized Autonomous Organization (DAO) has many advantages such as decentralization, high efficiency, and clear rights and interests. For industrial projects and applications, the introduction of decentralized autonomous model has largely solved various problems caused by the defects of too many confirmation levels and unclear rights and interests of all parties in the traditional governance model. Therefore, SeeleN Industrial Asset Value Exchange Platform will introduce the decentralized autonomous model to form an "industrial self-governance ecology" on the platform.
SeeleN Industrial Asset Value Exchange Platform pioneered the use of "dual pass" model that paralleled "functional share warrant and "governance share warrant". In addition to the functions of value circulation and gas consumption, “functional share warrants” are provided by “super nodes” for network contributions such as block generation and verification in the POS mode, and “functional share warrants” are also used to reward super users who have made contributions. "governance share warrant" is the core manifestation of the voting rights and right to earnings of all participants of the platform, including super node selection, earnings distribution, project selection and parameter formulation and other platform governance-related rights, which will be fully exercised by “governance share warrant".
Figure 5-Concept Map of the "Dual Pass" Model
What Can SeeleN Industrial Asset Value Exchange Platform Do?
Up to now, SeeleN Industrial Asset Value Exchange Platform has carried out in-depth cooperation with multiple international partners in healthcare, finance, trade and jointly carried out the multi-field industrial projects and applications such as diagnosis and treatment of congenital diseases, personal health data hardware, large-scale clinical trial coordination, cross-border payment, underlying technology of digital banking, new infrastructure and clean energy.
Figure 6 -Concept Map of Industrial Use Cases
SeeleN Industrial Asset Value Exchange Platform is committed to actively selecting high-quality projects suitable for the platform model on a global scale, and plans to form an efficient and stable high-quality industrial autonomous ecology in the future, providing surging power for global industrial development, and becoming a practitioner of the world value transfer between industry and distributed database technology.
Company Name: Seelen
City, State, Country: Dongcheng district, Beijing, China
Address: 1rd floor, building b9, yonghe one center, dongcheng district, Beijing, China