Outside cryptocurrencies, developers have created only a handful of useful applications using the blockchain. For example, industries in artificial intelligence, big data companies and logistics, are still trying to figure out how to use blockchain to bring about improvements in their respective fields. Countless major companies have announced research efforts into the blockchain, but the technical difficulties inherent to working with blockchain technologies have slowed progress significantly.
Cache, a company that boasts a team of highly rated experts on blockchain development, has stepped in to help facilitate the adoption of blockchain technology. They are building tools that make blockchain technology accessible and practical for developers, startups and enterprise businesses to integrate into their existing software infrastructures.
The Cache Project
Cache will introduce applications that will demystify blockchain assets, tokens, its decentralized nature and its use in identity management. The project’s goal is to help the cryptocurrency community move toward a more decentralized world. This will be achieved by creating development tools that improve user experience in relation to blockchain technology. And ultimately make the blockchain the best tool for businesses.
Similar to the Ethereum platform, blockchain applications can be built on the NEM platform and network, the Cache project is one such application. The choice to build on the NEM platform is because both projects share the “developer first” mindset. Unlike gas on the Ethereum virtual machine, fees on the NEM platform are non-variable, cheap and reliable. The NEM blockchain fees are the only fees paid when a user makes a Cache transaction.
Cache has designed a series of platforms that will help make blockchain more usable and accessible to developers and businesses across the world, as opposed to a simple token. There are three major platforms that will rapidly accelerate worldwide adoption of blockchain development.
- Blockstart; This is a blockchain platform aimed to empower developers and businesses to easily build blockchain decentralized applications. Blockstart will enable users to have their own blockchain running in a few minutes and help them create digital assets with just one click. Additionally, users would have access to custom dashboards, analytics, transaction management systems, seamless onboarding, developer toolbox with SDKs, etc.
In an effort to ease the developer experience when working with Cache technologies, development fees will be expressed as annual deposits of Cache into the Blockstart network, as opposed to regular fees which occur with application use. Blockstart’s pricing model is also a la carte, meaning developers will only pay for the features their applications need. These deposits are comparable to other web hosting options, and fees per domain are estimated at $66.60 per year, and this deposit actually takes the paid Cache tokens out of circulation, per recent Cache blog post. By limiting the running supply of Cache tokens in the market, the team has found a way to avoid the woes of token velocity that many other utility tokens’ value and utility as they gain traction.
- Cacheout; A currency backed website and platform that aims to quickly provide effective question and answers for blockchain developers. The platform is designed to crowdsource quality questions and answers for programmers and reward quality contributors. On the Cacheout platform, users will be able to ask questions about programming that they need urgent answers to and interact with other members of the community. Many platforms such as Stack Overflow and Reddit have rigid requirements for posting questions and learners are often left without answers, and more often than not, also become discouraged. A bounty is set for the best answer on Cacheout, and the user with the best answer according to the questioner is rewarded with the bounty. This platform will encourage community development within the Cache ecosystem, and the blockchain developer community as a whole.
- Devslopes Learn to Code Platform; The Devslopes team played a crucial role in developing Cache. However, most of their efforts are behind-the-scenes. Devslopes has taught programming to more than 300,000 students worldwide. They continue to create new training content for all technologies and teach thousands of students yearly. The platform is working towards full decentralization and open source over time. Devslopes aims to help the non-technical become acclimated with the development toolkits that will allow them to participate in software development work and online developer communities. Blockchain developers usually have to be developers first, and Devslopes is providing a proven solution to help the uninitiated get their coding chops.
The Cache Ecosystem Development Milestones
- Powerful Mobile Wallet: The Cache team will build user-friendly, developer-first mobile wallets for Cache, after collecting $500,000 in investments. The wallet will be simple to use, with no crazy phrases to remember and no need to worry about losing your secret keys. Additionally, it will be completely decentralized.
- Cacheout and Open Source Devslopes: At $1,000,000 raised, Cache will proceed to develop Cacheout. This is a question and answer platform for developers to ask and answer programming questions. It will be open source.
- Payment Gateway SDK: At $2,000,000 raised, the Cached team will develop an SDK that will allow any user, business or developer to accept Cache with one line of code. The SDK can be customized and will have support for Shopify, WordPress and Web.
- App SDKs and Blockstart B2B: At $5,000,000 raised, the Cached team will develop native iOS, Android, and Unity SDKs. This will serve to provide immersive experiences in the mobile and gaming ecosystems. Blockstart will also launch its business blockchain network and dashboard.
- Community Developer Incubator Fund: At $7,500,000 raised, the Cached team will allocate 10% of Cache to fund developer projects & startups. They will be voted for by the community through Smart Contracts.
- Blockstart Public Blockchain: At $10,500,000 raised, the Cached team will launch Blockstart’s Public Blockchain. This will enable developers with blockchain experience, at all levels, to get started within minutes.
Cache will be one of the first legal token sales within the United States and will be registered within the United States Financial Department & Crimes Division to be legally exchanged. Because the Cache cryptocurrency is in current circulation, operating in production, and being used by one or more institutions, purchase of the Cache token is legally considered a currency exchange. Cache can be purchased from the Cache website using Bitcoin, Litecoin, Ethereum, or NEM.
For more information, visit https://getcache.io/
The post Building Tools to Make the Blockchain Usable for Developers & Businesses appeared first on CryptoSlate.