Obnostic Takes Distributed Verification Technology (DVT) Beyond Just a Cryptocurrency and Smart Contracts
The “object-agnostic” blockchain, or Distributed Verification Technology (DVT) forms a computational platform capable of unrestricted dApp development and the ownership and trade of any type of digital object. All this is accomplished without giving up the traditional aspects of blockchain’s distributed nature.
Key Development Products
The first is the Obnostic Insight platform, which allows blockchain-powered collaborative efforts to make decisions or determinations via a consensus-style mechanism. The second is the Obnostic General Purpose Blockchain (GPB), which allows the storage, maintenance, and ownership of any type of digital object within a single blockchain architecture.
Key Features of Obnostic "General
Capable of storing token, multimedia object, computational instructions, and an arbitrary data file in the same data structure. This “object-agnostic” nature unlocks the next level of distributed verification technology.
Obnostic’s platform brings traditional concepts of property, ownership, and use of items to the digital world. Opening up entirely new markets for innovation and commerce which more closely represent the types of expectations people have of “their” property.
Unlike existing “dApps”, odApps (object-agnostic dApp) do not require platform-specific tokens or objects. Rather, they comprise software designed to perform arbitrary computational tasks (i.e., anything the programmer wants) and designed to operate on a General Purpose Blockchain.
Power of Obnostic Object
Just like cryptocurrency, Obnostic objects can store a basic identifier that distinguishes token or fractional tokens. The true power of the Obnostic object is that it can store any data type and not just tokens - including both structured and unstructured data as well as “references” to other data. References (or “pointers”) to other data are similar to the concept of legal titles to real property such as land, homes, or vehicles. This allows individual market actors to both “possess” and “utilize” both tangible and real property.
Arbitrary and Platform Consensus
Provides means to plug-in additional consensus algorithms (i.e., to use in conjunction with Platform Consensus). The arbitrary consensus is flexible and provides odApp developers with customization interfaces.
Obnostic will have the ability to incentivize even fractional contributions of excess computational power present in all computing devices around the world.
Every device in the world has unused computational resources inherent in its design, and those represent the greatest deadweight loss in the history of modern economics.
By facilitating these general purpose computing applications, and creating a market for data and computational power, the Obnostic will enable new distributed computation and productive paradigms, adding massive value to the global economy.