Bulleon

Ryan Keene
7 min readJul 1, 2018

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To achieve a seamless integration of all its services into a single active platform, Bulleon is kick starting the app development phase to give users ease of access to all the brand’s amazing services from the comfort of their homes, offices or on the go. With the Bulleon app, users can sync across devices and perform different activities on the system with real-time access to the crucial information they need.

Purpose of the Bulleon App

Among other things the Bulleon app serves the following purposes for users and the platform:

  • All-in-One Service: All Bulleon crypto services are offered in one unified UI
  • Security: All data is encrypted in the app before it is sent to the network
  • Privacy: Data presented in the app is cleaned from any form of personal information identifying patterns
  • Simplicity: Simple interface abstracts Bulleon network’s complexity for the everyday user.
  • Sell Functionality: Users can choose to selectively sell anonymized data to trusted entities in return for Bulleon tokens

Key Elements of App Development Phase

Mobile App UX Design: End users do not need to interact with complicated wallets because Bulleon provides a simple to use cross-platform mobile and web app with UI and UX that represents the best creativity in the business

Service Backend Development: Here we are developing API plugins, Bulleon engine optimization, and UI connectivity. This involves developing a Sidechain Support functionality (explorer and security) which allows users to inspect the blocks, transactions, and account balances of any sidechain. This will provide a consistent, transparent, and easy to access viewpoint of each sidechain to all users. This also involves implementing validated hashes of individual sidechain states, at configurable checkpoint intervals to ensure there is some basic validation of sidechain integrity, and provide payback to the parent network.

Smart Contract Support: Smart contracts are an interesting concept for many different use-cases, and we believe it would be extremely interesting to implement a smart contract VM natively into the Bulleon App SDK. In the future, Bulleon can decide which smart contract languages it wants to support, or if it can even develop JavaScript smart contracts on its own.

App Integration with other platforms: With this, Bulleon guarantees users an SSL-protected transaction environment so that they can rest easy about the safety of their funds and personal information.

The Bulleon App Models

The models for both web and mobile operating systems are explained below.

Mobile OS

The mobile-first approach is the mantra for tech and indeed most online businesses today. No organization can ignore the increasing use of mobile apps to engage their user and increase brand loyalty. As a result, Bulleon’s approach is to use the most pragmatic and cost-effective mobile app development model to achieve our goal. To this end, the team has decided to build on the React Native mobile app development model. Our preference for this is based on the following calculations:

  • It’s an All-in-One Cross Platform Model. This eliminates the hassles of having to write separately for Android, Windows and iOS apps on different platforms. With React Native we can write all of them in one place and save a huge chunk of time and budget.
  • Easier Transition from Web to Mobile: React Native functionality provides a smooth UI that makes it easier to transition into mobile development from a web background.
  • Powered by JavaScript — That’s one language to rule all.
  • Ability to quickly push updates directly to a published app — bypassing the app store review process and timeline.

Additionally, the number of top-level businesses (including Facebook, Walmart, Airbnb, etc.) who have leveraged on RN’s model also validates its usefulness, maturity, and stability.

Web OS

For the complete implementation of the project, it is critical to developing an exchange application that is web-based for the most optimal user experience. Like the mobile process, the web experience is optimized for both Windows and Mac operating systems using Electron software. The idea is to create a seamless cross-platform user experience on the Bulleon ecosystem with an embedded API via a backend service that both iOS and Android devices can use. This will allow for the creation of accounts, request for deposits and transfers, cryptocurrency to fiat exchange proxy APIs and management of bank accounts.

Afterward, a backend portal will be implemented into the exchange application, which will allow the user to modify the information on his profile.

The blockchain technology have been utilized to provide Bulleon users with financial value. Ethereum blockchain has been the go-to platform when developing new tokens and coins. Bulleon is powered by Ethereum technology, which features smart contracts that are decentralized, self-executing and work as agreements coded in the blockchain. Ethereum blockchain exceeds the capabilities of Bitcoin blockchain to the point that most tokens of value are launched on the technology.

Consequently, the surface token has been greatly improved and is considered as one of the most exciting developments in the cryptocurrency market. Bulleon is considered as the digital asset that goes beyond the functions of cryptocurrencies to give users access to digital asset exchange, biometric hardware wallet coupled with login authentication, international debit card transactions, e-commerce service platform specialized for merchants, secure peer-to-peer lending platform as well as the much sort after cloud mining. All these are made possible by the ERC20 token standard.

The ERC20 standard for tokens ensures that the digital assets are much more interchangeable. Besides, Bulleon and other tokens issued on the ERC20 token standards are capable of working with Dapps while at the same time, adhering to the same standards for tokens. The Dapp can easily interface with other virtual currencies in the market even in instances where multiple tokens operate and behave in a similar way.

The cryptocurrency market has a countless number of digital assets and virtual currencies that are not compatible. Bulleon is built with the user interest in mind, and that is the reason it has achieved high levels of compatibility with other tokens and projects in the market. In addition to that, ERC20 token standardization allows Bulleon to be a natural fit in the cryptocurrency market. Moreover, Bulleon integrates voting rights in the platform which give you “the user” the voice in future matters concerning the project and the direction it should take. The integration of ERC20 standardization in the Bulleon project has eliminated the fear of bugs and errors completely.

Ethereum offers a standardized method for creating new tokens in its blockchain called the ERC-20 protocol. ERC-20 is not some line of code, software or technology. On the contrary, these are the guidelines that facilitate the integration of several currencies.

Before the ERC-20, each new cryptocurrency created its account balance verification system and initiated transfers. These methods included different functions and arguments that are not necessarily compatible with other systems. The ERC-20 streams have the same functions, with the same names, having the same arguments. They use a standard set of rules and guidelines that ensure that both monetary systems can relate to each other. Since the year 2015, developers have adopted mainly the ERC-20 standard, but then Ethereum has not imposed its use. In September 2017 Ethereum formalized the protocol, which means that all signs in the Ethereum blockchain must comply with the standard. Creating an ERC-20 compliant cryptocurrency in Ethereum implies that the new streams have immediate interoperability in the Ethereum blockchain.

The Bulleon is a hybrid token; the token is both a-share-like token and a cryptocurrency token. Bulleon is designed to be a precious possession in the growing cryptocurrency market. We give Bulleon owners control over their money without compromising on convenience. Therefore, a token that was not only a store of value as a cryptocurrency, but also a means to be part of the Bulleon team; sharing dividends, profit-shares and voting rights to the owners of Bulleon was imminent.

As a share-like token, Bulleon highly regards the owners of the token. The success does not belong to Bulleon developers only; it is shared among the investors by sharing profit and dividends, in addition to that, owners have voting rights inside the corporation. Voting rights give the owners the voice to shape Bulleon for the future.

On the other hand, as a cryptocurrency token, Bulleon is a store of value and a great medium of exchange. It is built on the ERC20 token standardization requirements that achieve total decentralization. Bulleon tokens are not issued nor are they regulated by any central authority. Bulleon joins other cryptocurrencies in the market as a functional currency capable of multi-platform value exchange.

The token is tradable on the exchanges, besides the Bulleon network gives the owner access to a number of exchanges where they can buy and sell other cryptocurrencies. Similarly, it is not regulated by any laws put in place to regulate fiat currency or by e-money laws.

It is essential to note that the supply of Bulleon tokens is capped and no one will ever create more tokens in future. The tokens cannot be moved to another address, or otherwise, manage Bulleon inside the ICO smart-contract. Furthermore, even the Bulleon Corporation has no mandate to manage the tokens in the smart-contract. These measures have been put in place to ensure that the only way to acquire the tokens is by purchasing them out of the contract. The investors’ peace of mind is paramount to the growth of Bulleon and the token decentralization process.

more info- https://bulleon.io/

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