Category: Recently Added Whitepapers

Abstract

Abstract

Blue is offering a family of developer tools, consumer software, and guidelines for the development of digital assets tools on the Ethereum network. The existing infrastructure relies heavily on the storage of private keys and passwords to authenticate the transfer of funds. These are easily phished, lost, or stolen, and have led to the loss of a massive amount of funds since the inception of the Ethereum network. We use the following major components to protect user funds, improve user experience, secure the safety of digital assets, and help Ethereum and cryptocurrency at large thrive.

BLUE Protocol

A series of smart contracts and backend systems that allow all the network to function securely and conveniently. The Blue Protocol allows for 2-factor authentication without a central party. Funds are held in smart contracts for users, who maintain complete control over these meta-wallets. This is secured by the blockchain identification system, secure asset storage, smart contract analysis, blockchain analysis, address blacklisting and whitelisting, and anti-phishing capabilities.

BLUE SDK

We offer wallet developers, exchanges, and e-commerce sites the option of integrating the Blue Protocol in to their own systems with the same automatic verification of digital assets and transactions as the BLUE Wallet offers. By integrating our easy to use SDK, with only a few lines of code our partners are able to demonstrate their commitment to security and protection of user’s digital assets.

BLUE Wallet

The BLUE Wallet is a multi-platform application that allows for sending, receiving, and storing of ethereum based assets such as ERC20 tokens and beyond. By building our own wallet we are able to integrate our security protocol, including decentralized 2FA, deep integration with dApps, and a user friendly user experience using an internet-wide identification system secured by the blockchain.

BLUE Standard

We have created an open source set of guidelines that should be followed by token developers, ICOs, and other digital asset creators and fund custodians. By following these guidelines and adhering to the Blue Protocol, our wallet and SDK can automatically validate and verify the safety of crypto assets.

What is OBITS ?
The digital currency market is fraught with wild swings in prices. OBITS is a different kind of token that is based on the value of an ecosystem that facilitates the creation and trading of digital assets. Holders of OBITS are thus holding a stake in not one project, but rather, the infrastructure that supports a wide variety of projects based on blockchain technology.

OBITS tokens are hosted on OpenLedger, one of the world’s first Decentralized Autonomous Exchanges. Open Ledger is not a registered “exchange” as traditionally defined by the U.S. Securities and Exchange Commission and other regulatory agencies worldwide. Instead, it is an open forum or marketplace that operates according to pre-set and generally accepted rules, permitting the free exchange of digital assets between buying and selling parties. Transactions on OpenLedger are always auditable, stable, and user’s balances are always available in full. Our business is based on blockchain technology offered by Bitshares, and our code is fully open source and available for review by any interested person.

Holding OBITS entitles you to become a part owner of the bright future that lies ahead of OpenLedger. OBITS owners have an access to share in the profits accumulated by the organization. OBITS holders are also entitled to cast votes on key decisions made by the organization.

Although we believe that the market value of OBITS is less volatile compared to single-project crypto assets or tokens, OBITS remains a highly speculative investment in an early-stage technology venture. Investors in OBITS should familiarize and fully inform themselves about the facts before making any investment decision.

Unlike Bitcoin, we believe OBITS is less vulnerable to extreme volatility or the vagaries of the market, because its value is more correlated with overall participation and trading, and not the success or failure of any particular project. We welcome you to learn more about our platform and to participate in its growth.

OBITS Website
OBITS Whitepaper

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