A new digital economy-oriented network

In the year Since 2017, when the crypto market began to show its first global growth, thousands of crypto projects have been launched around the world, more than 90% of which have not survived until now.

All these projects, without exception, had one similarity – the main option they offered to their users was speculation in the coins or tokens offered for purchase – “Buy for one dollar, sell for two.”

The choice of this option is obvious – most users around the world want to get rich here and now! None of the current major projects provide the most important thing – stability and predictability for 3-5 years. The Arlecta team will try to open the world's first digital business sense-to-sense network based on economic principles. The main settlement and payment asset is based on hours – the lifetime spent by the users.

Egger Mielberg, founder and CEO of Arllecta, mathematician, bioengineer, software developer.

How to manage and lead only software development in your international start-up company Arllecta?

When you love your work and understand what needs to be done, then the big burden that falls on your shoulders every day is not a big burden, because you perceive new tasks as a challenge, first of all, for yourself as a great entrepreneur.

Second, having a personal background in the relevant field is no less important than achieving daily progress in such a complex task of developing multiple complex software applications in the field of AI. So, for example, I started working as a mathematics and IT teacher at the European State University. Then I started programming and after few years I had my own project in IT field.

Managing software development is like managing a medical laboratory, where you, as the person in charge of the laboratory, know exactly what to do and are competent enough to design and implement tasks.

Undoubtedly, in order to implement all of the above, one thing is necessary – the daily work of studying new materials in different areas.

Why did you decide to come to the crypto industry after doing complex math in the AI ​​field for many years?

First, the crypto industry is based on basic technologies directly related to mathematics, or rather, with some of its components. Therefore, many current protocols in the crypto industry use cryptographic hash functions for various types of operations, including crypto transactions and wallets.

Secondly, one of the main articles in the crypto industry, namely the article on Bitcoin, describes a digital crypto currency that solves one of the problems in the financial system, such as double spending.

At the same time, the current global financial system is extremely fragile and unpredictable due to many social factors.

Thirdly, the idea of ​​decentralization of the entire global business process is motivated by the fact that the big giants in the IT industry have long crossed the line of approval in terms of managing user data on the Internet. In addition, they have become a major barrier to new, high-tech, high-performance startups that offer new ways to solve problems in many business sectors.

Do you believe that it is possible to completely replace the current global financial system with crypto industry technologies and realize the highest level of safety and security for Internet users?

In the year In 2018, I published my first article about digital banking. The difference of this article is in many aspects. From the first point of view, we have proposed a method to implement a decentralized digital bank with important economic features such as giving customers access to money. That is, it is not the bank that earns money by collecting money from customers, but the customers earn money by using the digital infrastructure of this decentralized digital bank.

The second aspect is the capital structure of the digital bank. That is, the ability of a bank's customers to actively participate and establish the bank's digital capital. Participating in this context involves spending his own time, hours, with each bank client. A digital bank's main asset is the time its customers spend on fulfilling their obligations.

A third aspect of decentralized digital banking is insolvency. Unlike traditional banks, digital banks cannot go bankrupt or be liquidated. Capital and the digital bank itself are participants of the digital network. In other words, digital banks are the private property of the participants. Digital banking appears at the same time as the demand for banking services appears on the digital network.

What crypto projects or crypto currencies do you think have a future?

Only projects that implement real economic tools. Here I exclude the speculative instrument as a parasitic substitute, which, apart from the value of the difference in the value of the transaction over time, has no economic value for the development of a healthy digital economy.

When we talk about a decentralized economic digital network, it is important to understand here that even if it has a large initial capital, all participants, without exception, can make money. It should also be remembered that any activity of network participants must be paid for in the execution of sentiment contracts in networks such as SenseChain.

That is, the main resource in any business economic activity should be time or rather hours, the hours of life spent by the participants. This is the only property that cannot be renewed in anyone's life. What can be more important in the life of any person on the planet than the time of life and the use of it! This property is limited in nature.

In particular, it is important to note that the quality of any project largely depends on the type of protocol used by the project. For example, the stock exchange protocol is a direct implementation of the corruption approach in the traditional financial system, where an anonymous group of people in the network where this protocol is implemented enforces the legitimacy of the transaction.

The protocol used, first, must provide equality in the maintenance and development of the network in which it is implemented. It is the users of this network that form the economic fluid.

What is SenseChain technology? And what is the main difference from blockchain technology?

SenseChain is a sense network based on a sense-to-sense algorithm. We described it in our article on SenseChain technology: Senschain: Sense Contracts, Sense Currency. Our SenseChain technology is based on two fundamental proprietary technologies – Proof of Participation Protocol and Mathematical Algorithms for AI, Sense Theory.

The main but not the last four features of SenseChain are:

A new digital economy model based on emotional business contracts has been implemented. Sense-to-Relationship Paradigm A new financial digital model based on a secure digital coin based on the time spent by network participants. Native coins (SC) – equal to working hours (JH). Native coin rate stability (minimum working rate): 1SC = 1JH = $10 variance of each given coin.

The above features solve many problems of the current traditional financial system. Among them:

100% anti-fraud protection. 100% impact from SenseChain network participants only. 100% guaranteed income for all active participants of the SenseChain network.

For example, the SenseChain network has implemented a complete system of economic and financial funds, which includes working, reserve and investment funds. Each fund is responsible for its own economic activities. The issue of the local coin is strictly controlled by the economic situation of the network and does not allow it to be reduced by using many tools.

The main and fundamental difference between SenseChain and other crypto projects based on blockchain technology is the implementation of the original asset's own instance in the user's hours and real economy.

Also, it should be noted that SenseChain is not a pure crypto project, it is primarily an IT business project, a partial implementation of the nature of the crypto industry. Finally, SenseChain uses its own main network with its own native coin – SenseCoin (SC).

Why did you start a long-term service project?

As a research engineer always interested in the most difficult unsolved human problems, in my opinion the task of creating the elixir of youth is one of the most difficult tasks in human history.

Because think of the millions of biochemical reactions that can take place in the human body in one second. Yes, yes, not tens, hundreds, or even thousands, but millions. Almost every single molecule in the human body has its homologue, that is, substances that are similar in structure but different in composition and function.

The task of building rockets to Mars, or more, seems too simple to understand, and more importantly to predict, the chain of biochemical reactions involving billions of different and sometimes conflicting reactions over the next month. In the human body.

Moreover, this kind of work is very interesting to me because solving the problem requires knowledge from different sciences, which are not always related. This is a real challenge to the most inquisitive and patient minds of our humanity. It's just to prove that I belong to this group of people.

Is it possible to implement medical projects in the crypto industry?

no way! The current medical business industry has industry-specific challenges. And first of all, this is due to the large companies in this market. However, in the field of medicine, things are even worse and more complicated. First, pharmaceutical giants lobby for action at the legislative level.

Second, entering the medical market is like going to the moon. Not everyone has it, right? Thirdly, most of the medicines in the world now do not fight against the actual causes of diseases, they only destroy the symptoms of these diseases that do not go away. It's just that the brain of a person with a certain disease does not transmit pain, much less heals the affected body.

The implementation of medical projects in the crypto industry is based on the application of new approaches to the relationship between people, their needs and anyone else.

In other words, the creation of drugs can be carried out by the parallel interaction of tens or hundreds of different research groups around the world, when every result of this type of research cannot be hidden or destroyed in terms of a single benefit from the blockchain database of a large pharmaceutical company.

Another advantage of implementing medical projects in the crypto industry is that a remote team of researchers can be located on the other side of the world in connection with their investor. That is, the biggest visa hurdle can be lifted immediately.

An equally important benefit of implementing medical projects in the crypto industry is the obvious benefit of using crypto currency for mutual settlement. Therefore, from planning the financing of the project to the first transaction and starting work on the project can take more than a few hours.