SeeleN Industrial Asset Value Exchange Platform Officially Announced

At the beginning of its establishment, the Seele Yuanyi project presented itself as an industrial blockchain " born for the industry ". For three years, it has been committed to developing industry-related technical levels and ecological layout, and is a firm believer and practitioner in linking industrial projects with blockchain technology. In 2020 , the Seele Yuanyi project team achieved important technological breakthroughs in terms of technology, implemented many industrial cooperation projects in terms of resources, and successively completed the brand upgrade from Seele to SeeleN and the granularity segmentation in line with the needs of industrial projects. All preparations are ready, and the SeeleN Industrial Asset Value Exchange Platform was officially announced today.

Figure 1-SeeleN Industrial Asset Value Exchange Platform LOGO Concept Map

What is SeeleN Industrial Asset Value Exchange Platform?

In recent years, concepts such as industrial Internet, data assetization, and asset chain have been widely mentioned. However, unlike traditional Internet and other mass-oriented industries, industrial projects such as medical care, finance, and trade have complex organizational structures, diverse asset structures, and complicated business structures. A single solution cannot match their diverse needs. This problem has gradually formed a gap between industrial projects and the selection of blockchain technology.

SeeleN Industrial Asset Value Exchange Platform is designed to bridge the gap between blockchain technology and industry. The platform consists of the "new public chain" representing Seele and the " industry-finance coupling module " representing N (iNdustry) for connecting industrial applications . The 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 "industry-finance coupling module" provides comprehensive modular services for various industrial applications, playing an indispensable bridge role between industrial projects and the blockchain world, and is also the cornerstone and unique technical advantage of the SeeleN Industrial Asset Value Exchange Platform.

Figure 2- Concept diagram of SeeleN industrial asset value exchange platform combination

Seele N's new public chain adopts the POS BFT consensus mechanism, has privacy computing and cross-chain protocol functions, and is equipped with an asset issuance module and built-in DEX and KV DB data cache structure 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-SeeleN public chain functional framework diagram

SeeleN's "Industry-Finance Coupling Module" is composed of three core components: "Digital Identity System", "Asset Issuance Management System" and "Programmable Transaction Service System". The "Digital Identity System" is responsible for providing identity identification within the platform for various forms of industrial application participants and storing identity data; the "Asset Issuance Management System" is responsible for connecting real-world assets with on-chain assets, and conducting a series of industrial asset value assessments and mappings such as knowledge computation, asset chaining, and asset mortgage; the "Programmable Transaction Service System" is the core module for all value transfers and exchanges within the platform. It realizes trusted data exchange within the platform through privacy computing and is the engine for industrial applications to implement various functions on the platform.

Figure 4-SeeleN industrial-financial coupling module functional framework

SeeleN Industrial Asset Value Exchange Platform Autonomous Ecosystem

As a community governance model with unique characteristics of the blockchain world, distributed governance (DAO) has many advantages such as decentralization, high efficiency, and clear rights and interests. For industrial projects and applications, the introduction of distributed governance models has largely solved various problems caused by pain points such as too many confirmation levels and unclear rights and interests of all parties in traditional governance models. Therefore, the SeeleN Industrial Asset Value Exchange Platform will introduce a distributed governance model to form an "industrial autonomous ecosystem" on the platform.

SeeleN Industrial Asset Value Exchange Platform pioneered the use of a "dual token" model that parallels " functional tokens" and "governance tokens". In addition to the role of value circulation and gas consumption, " functional tokens" are provided by "super nodes" for network contributions such as block generation and verification in the POS mode, and "functional tokens" are also used to reward super nodes that have made contributions; "governance tokens" are the core embodiment of the voting rights and income rights of all participants in the platform, including super node selection, income distribution, project selection, parameter formulation and other platform governance-related rights and interests, which will all be exercised by "governance tokens".

Figure 5- Conceptual diagram of the “ dual token ” 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 the fields of medicine, finance, trade, etc., and jointly carried out industrial projects and applications in multiple fields such as diagnosis and treatment of congenital diseases, personal health data hardware, large-scale clinical cohort collaboration, cross-border payment, digital banking underlying technology, new infrastructure, and clean energy.

Figure 6-Industry use case concept map

SeeleN Industrial Asset Value Exchange Platform is committed to actively screening high-quality projects suitable for the platform model worldwide, and plans to form an efficient and stable high-quality industrial autonomous ecosystem in the future, providing strong impetus for global industrial development while becoming a practitioner of value transfer between the real industry and the blockchain world.  

About SeeleN:

SeeleN stands for Industrial Asset Value Exchange Platform, which is composed of the Seele public chain, industrial-financial coupling module and industrial applications. The Seele public chain adopts the POS BFT consensus mechanism and unique privacy computing technology, which is more mature, stable and comprehensive. The industrial-financial coupling module integrates the digital identity system, asset issuance management system and programmable transaction service system to provide architectural guarantees for industrial applications. SeeleN introduces the concept of DAO community governance, realizes the dual-token ecology through governance tokens and functional tokens, and takes medical care, finance and trade as the main application scenarios, and is committed to promoting the vigorous development of industrial asset value.