What is SEOR Network? Information about SEOR Network and SEOR . token

• Overview of SEOR Network
• What is SEOR Network?
• Basic features of SEOR Network
• The main applications of SEOR Network
• Development team, investor of SEOR Network project
• Development roadmap of SEOR Network
• SEOR . token overview
• What is the SEOR token?
• Detailed information about SEOR . token
• Where can SEOR tokens be bought and sold?
• The future of SEOR Network and should you invest in SEOR tokens?
• summary

Overview of SEOR Network

What is SEOR Network?

SEOR Network (or Seor-Oracle) is a decentralized data platform that helps Web 3.0 applications develop. To that end, the SEOR Network provides an infrastructure to build Web 3.0 , a bridge that makes real-world data easy to put inside the blockchain. Thereby, the project helps to remove the barrier between the traditional Internet and the blockchain world, as well as reduce the costs for application developers of public blockchains.

Similar to other Oracle projects, SEOR Network provides an off-chain data source for various blockchain platforms and DeFi projects. In particular, SEOR Network's Oracle data platform will provide customizable low-code for Link Reality along with high scalability.

In the Seal-Oracle ecosystem, all kinds of new business models are applicable to the distributed system of SEOR Network. Blockchain projects only need to use the Seal-Oracle ecosystem, its bridge with blockchain ecosystems, and combine other services to give users the best product experience.

Basic features of SEOR Network

SEOR Network brings more use cases for blockchains beyond DeFi. Specifically, SEOR Network provides developers with a flexible Oracle service, from which they can use any data, information, including entertainment news, sports or even weather ... In addition, developers can use many other technologies to create a customizable Oracle and easily connect smart contracts with traditional Web APIs.

Currently, the Web 3.0 system does not have its own development standard, so the performance of DApps in the Web 3.0 space is relatively poor and their business solutions are not really effective. One of the reasons leading to that consequence is that many technologies are still in the process of development, improvement and are not compatible, as well as the way they reuse is not appropriate. This limits the speed of development of Web 3.0.

Besides, SEOR Network also provides a decentralized network of Web 3.0 with a high level of security and data warehouse against the problem of price manipulation of coins/tokens. Not only that, the project also provides the necessary functions and infrastructure to develop other technologies that can connect between the real world and the blockchain space.

Another highlight of SEOR Network is this low-code development platform (LCDP). That is, through the smart contract implementer, SEOR Network will support and provide multi-chain unified access to the SDK and some other functions. This can reduce implementation costs, as well as simplify the DApp development process for developers. 

Furthermore, developers can deploy other related projects on-chain without mastering their smart contract technology. On this basis, SEOR Network provides additional custom presentation methods of DApp activity and Web page display, as well as cloud computing services and smart contract implementation. In addition, SEOR Network also helps developers optimize the process of transferring assets on different chains, as well as solve technical difficulties.

Technical Framework (Technical Framework)

The technical framework of SEOR Network consists of 4 main components:

Lightweight Short Chain Technique: LON (Lightweight Oracle Network) technology will self-renew and store data validation proof to support developers with verified data quickly. 

Micro Oracle Machine: This is a short chain system created to support LON technology. 

Layered Modular Microservice Structure: SEOR Network will apply the same Microservice structure as SaaS. 

Cross-chain Governance: Unlike other ecosystems, SEOR Network provides cross-chain governance to support users from many other blockchain platforms.

Consensus (Consensus)

SEOR Network uses oBFT consensus algorithm - a hybrid consensus algorithm that combines Polkadot's GRANDPA protocol, NPoS with LON (Lightweight Oracle Network) technology, bringing many benefits as follows:

First, secure and reliable: oBFT brings data interoperability natively to SEOR Chain. The LON protocol will verify the data collected from the outside and the Oracle data in the oBFT network. At that time, SEOR Network will reach a second consensus, so it will ensure high reliability and safety for data. 

Second, unlimited scalability: oBFT has a notable feature of unlimited scalability. Through VRF (Verifiable Randomness Function), the randomness and transparency of each generation of consensus groups will be guaranteed, as well as the rapid reaching of the final state. 

LON (Light Oracle Network) technology

LON (Light Oracle Network) is a multi-layer structure used to build and deploy predictive equipment system, consisting of 3 core components:

The Oracle Mainland: This is the core component of LON, it is used to create the Oracle acquired microservices network and has interoperability with the main Seal-Oracle chain. This component also plays the role of summarizing Oracle data before injecting them into blocks and providing chain-related data.

Oracle Collecting Microservices: In the Seal-Oracle ecosystem, the Oracle Collecting Microservices network will be responsible for collecting, verifying, and agreeing on different types of Oracle data. 

Oracle Data Microservice: To become an Oracle data provider node, this node must register with the Oracle mainnet, provide identity data, verify identity, identity signature, and sign the master network cryptographic certificate . According to this structure, data provided from the outside will be guaranteed a high level of accuracy and avoid the risk of data being tampered with by other nodes. These nodes are created according to the user's wishes and can be priced according to their needs. 

The main applications of SEOR Network

Contract Market

Like e-commerce and mobile payments, the Contract Market is a multilateral marketplace and intermediary platform. That is, in the blockchain space, there will exist a bilateral market including blockchain and DApp. Both need to be connected and exchange value through smart contract. But due to the complexity, variety, and incompatibility of the smart contract technology and the public chain, the two systems cannot be directly connected. This requires a huge effort on the part of developers to help create technologies that can solve this problem, and also requires a large amount of money. SEOR Network offers the Contract Market a very convenient platform that facilitates direct connection, simple and efficient interoperability. 

Decentralized Applications (DApps)

Seal-Oracle will use a common set of smart contract protocols to simplify the process of managing technological differences between different public chains. These protocols can help extract and provide a unified interface in different application scenarios. Based on this set of protocols, smart contract developers and users do not need to care about the specific implementation details of each blockchain, but simply focus on their own business logic.

Applications Scenario

This platform combines the technology system, adopts the multi-chain structure and shares the security of Polkadot. This ensures high scalability and no fork can be decentralized. Applications Scenario includes standard contract sets, on-chain implementers, multi-chain DApps & SDKs, and more.

Blockchain Gateway

There are two types of blockchain gateways, one called Gateway and the other like Switch. Gateway allows data exchange between blockchain systems and non-blockchain systems according to certain general rules. Switch allows data interaction between different blockchains and according to a certain consensus algorithm.

SEOR Network will introduce an innovative and unique Smart Contract Gateway. It will use Layer 2 protocol at the data layer of Smart Contract and value on different chains. Seal-OracleG (Smart Contract Gateway) is a gateway technology that connects to smart contracts. The gateway is also a node that can be trusted on the blockchain. And all stakeholders can consider this Gateway as a transaction intermediary to solve the handover problem with different chains.

Development team, investor of SEOR Network project

Development team

SEOR Network's development team has not been revealed yet, TraderH4 will update as soon as there is official information from the project.

Investors

Web3 Foundation, DFG, Signum Capital, Fibig Capital, Polygon, Master Capital, X21 Digital, DCI, BCA, OIG, Kretos Ventures are prominent names in the list of investors of the SEOR Network project.

Development roadmap of SEOR Network

1st & 2nd quarter of 2022:

• Seor-Oracle blockchain and portal release agreement
• Upgrade Seor-Oracle to Oracle Network
• Released Seor-Oracle Testnet named LINE

Quarter 3 & 4 of 2022:

• Seor-Oracle's smart contract project kicks off
• Released Seor-Oracle Testnet named SURFACE

Future:

• Release of Seor-Oracle Mainnet named SPACE
• Seor-Oracle Platform Release for Developers
• Upgrading protocols in the Seor-Oracle ecosystem
• All business will be migrated to Seor-Oracle mainnet

SEOR . token overview

What is the SEOR token?

SEOR is the native token of the SEOR Network ecosystem and has a number of functions as follows:

• Investors can commit to SEOR to become a node on the main network or become a data provider.
• SEOR is used to pay the user's data usage costs.

In it, nodes on the main network and data providers will share a certain percentage of the consumed SEOR.

Detailed information about SEOR . token

• Ticker: SEOR
• Blockchain Network: BSC
• Total Supply: 1,000,000,000 SEOR
• Initial Supply: 26,000,000 SEOR
• Market cap: 1,170,011 USD

Where can SEOR tokens be bought and sold?

Currently SEOR token is not listed on any exchange. Recently, SEOR was opened for sale on the Trustpad platform on January 14, 2022. 

The future of SEOR Network and should you invest in SEOR tokens?

SEOR Network offers cutting-edge blockchain and smart contract technologies that aim to empower developers to launch their projects. Specifically, the project provides a flexible blockchain technology platform that allows developers, entrepreneurs, businesses or individuals to quickly apply blockchain technologies and smart contracts to their projects. . From there, together form a new era in blockchain, as well as a new economic ecosystem.

SEOR Network is designed in a flexible and cross-platform model. To achieve this, the project has provided a unique and flexible Layer 2 engineering framework. This framework gives SEOR Network members the flexibility to achieve their own goals, as well as enjoy some of the unique benefits of this decentralized data platform. 

Enterprises can rely on SEOR Network to provide affordable and affordable solutions that help small businesses and startups integrate blockchain technology and smart contracts into their projects.  

Some official information channels of the project that investors can follow are:

Website | Twitter | Telegram | Github | Medium 

summary

One of the highlights that SEOR Network uses to attract users is to provide accurate data for different types of DApps serving areas such as DeFi, GameFi, SocialFi... With the features and technology that SEOR Network brings users, this project is expected to promote the development of Web 3.0 in the future.

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