OLChain: The Description of The OLPORTAL’s Blockchain Technology

The decentralization of the neuro messenger OLPORTAL starts from the integration of our own blockchain into the app’s functionality. At the core of our blockchain architecture lies the concept of the constant growth of database. If nodes proceed to suggest and admit new blocks independently from the number of participants in the net, data will continue to grow. The system is fully secured and resistant to external attacks, so it is impossible to destroy and change its ledgers. That is because this database does not depend on a certain central node. Cryptographic algorithms prove the validity of a transaction and are able to find errors in a record. This guarantees fair and valid operations for all members of the deal. In addition to the decentralization feature, blockchain technologies provide users with high-level data security. This is another great feature that is so attractive to users. We have also paid attention to these peculiarities and advantages while designing our OLChain.

What is OLChain?

Our decentralized application has a blockchain platform called OLChain in its functionality. It was developed specially for the OLPORTAL application. This platform consists of two units that are:

• OLData
• OLTrans

OLData serves to decentralize and store accounts’ information, including neurobots OLAI, OLMarket and OLTargert data as well. Besides, it also provides users with confidentiality and security of data.

OLTrans is a scalable blockchain net with the integration of AI. It serves to manage all transactions conducted in OLWallet, OLChat, and OLMarket, and provides the speed and regularity of operations.

Our OLChain includes OLChain Virtual Machine (OVM) allowing to execute programmed instructions that are stored in the blockchain. By the way, this algorithm is a basis of our blockchain.

When looking at OLChain more precisely, one can see its similarity to the Ethereum net. In fact, these two technologies are roughly the same, as we do our best to provide users with an innovative blockchain decision that will be very convenient to use. The basis of our blockchain represents virtual machine with smart contracts. In our opinion, it is the most perspective way of blockchain realization. Still, there is a single problem concerning this decentralized technology. This concept is too complex for comprehension by an ordinary user. That is why blockchain isn’t so popular with the wide audience. However, we hope that this innovation will be taken at its worth! Join OLPORTAL’s community and help to popularize blockchain technology and our product as well!