White Paper (Short Version)
weight: 140 linkTitle: “White Paper Short”
KALIMA ECOSYSTEM : A NETWORK OF BLOCKCHAIN
Kalima Blockchain is composed of the Kalima MainChain and a decentralized network of independent permissioned blockchains called Kalima Privachains. It’s a third generation of blockchain like Cosmos and Polkadot proposing a network of blockchains as a new paradigm to solve the decentralization objective and achieve scalability.
Each Kalima Privachain is independent with its own governance and can be interconnected, or not, with another Kalima Privachain or with Tezos and soon with Lightning networks, Polygon and Cosmos hubs.
The network of blockchains is for us the way to help developers and businesses adopt blockchain technology at an industrial level. Blockchains on Kalima Ecosystem are either permissioned blockchain, where only predetermined nodes can see the ledger and participate in the consensus.
A NEW POSSIBILITY TO MONETIZE DATA
Kalima’s initial goal is to create a new standard for Blockchain IoT applications. More generally, Kalima is a new way to interconnect objects, people and services with trust and to bring new possibilities to monetize data.
Kalima empowers enterprises and developers to build the next generation of sustainable blockchain applications building bridges between the physical and the digital world. Kalima client nodes can run in mobile devices (Android an iOS) and in small form factor IoT gateways.
Kalima provides real time data for a distinguishingly low environmental impact along with a very low transaction cost.
TOKENIZATION : AN OPPORTUNITY FOR ENTERPRISES
We want to help businesses and developers create their own token designed for their business model inspired by their ideas.
Kalima will allow to deploy your own custom token to monetize your business models converting physical data into a liquid token tradable in the community. All smart contracts created by the community of developers will use the technical standard token form of Kalima Ecosystem known as “KL20”. This standard defines a common list of rules for all Kalima tokens such as the name, symbol supply and
how transactions are approved and how they can be transferred
KALIMA PROTOCOL
An ecosystem of decentralized permissioned blockchains
Kalima Blockchain has been designed from scratch to meet the requirements of
modern data, including data from the Internet of Things.
Kalima provides client-side smart contract to all these networks and can run AI models in smart contracts. We believe that the future of blockchain applications relies on a multichain approach.
Kalima blockchain provides real time data for an exceptionally low environmental impact with a very low transaction cost combined with low latency.
With a very small memory and CPU footprint, you can embed Kalima in small IoT devices. Kalima smart contracts are executed at the Edge. Kalima acts as a second layer blockchain for Tezos, Lightning network, and will implement Cosmos Inter- Blockchain Communication Protocol (IBC).
KALIMA IS CURRENTLY THE MOST POWERFUL IOT BLOCKCHAIN
BLOCKCHAIN FOR IOT & ENTERPRISES MARKET PROJECTION
Estimated potential economic impact of IoT applications: as much as $11.1 trillion per year in 2025 (McKinsey).
80% of industrial data generated within the EU is never used, totaling to a market gap of €270 billion by 2028 (EUC).
80% of data processing and analysis will take place in smart connected objects at the edge by 2025 (McKinsey).
TOKEN, ALLOCATION AND VESTING
The Kalima token, named KLX, is the backbone of the network. The KLX is the currency on Kalima ecosystem use to monetize Dapps built on Kalima network and to pay transaction fees. The KLX will be first an ERC20 Token during the ICO and will become a native KL20 when it will be bridged with the Kalima MainChain.
KLX LAUNCH
The number of KLX tokens, the initial value of the ICO, as well as the market capitalization, are initialized according to the means required for the implementation of the ecosystem related to the growth hypotheses and priorities of the project.
Total supply KLX Allocation:
- Total Supply: 480.000.000.000 KLX
- Initial Supply: 160.000.000.000 KLX
Initial Token allocation: First 160.000.000.000 KLX