Kalima Blockchain touted as Web3 and IoT network
By 2025, 80% of data processing and analysis will be done in smart devices, mobile devices, industrial network gateways, etc.
For companies and developers, this means being able to handle a very large volume of data (73.1 zettabytes of data generated by the IoT worldwide) in just two years.
How do we meet this challenge? Current blockchain technologies do not have sufficient speed and scalability to process, notarise and monetise this data at a reasonable cost.
In this context, Kalima Blockchain claims to have a technology capable of meeting this market need. To do so, Kalima deploys a network: The Kalima Network, which they herald as a ‘low power, scalable blockchain network’.
It is composed of independent blockchains (called PrivaChains), whose validation nodes are distributed in pools. This blockchain network is based on the Kalima protocol. It therefore retains its core strengths of transparency, modularity, security and scalability.
And with one objective: to simplify the interconnection of people, objects and services through a plug-and-play platform.
Kalima Network’s goal is to be a plug-and-play platform for anyone who wants to build or use decentralised applications (dApps) for business purposes.
It can be used to interconnect:
- Objects: Android and iOS devices, supercomputers, IoT gateways, LoRaWAN gateways, industrial networks, etc;
- People: they can connect through mobiles, tablets, smart watches, web interfaces, and more;
- Services: AI processes, Deep Learning, Big Data, reporting tools, and more
How does it work?
Basically, you just have to create an account, then connect one or several devices or services, managing permissions with the Kalima administration tool.
Then anyone can create smart contracts (client-side, edge or cloud) that will be supported in mobile, tablet and small IoT devices. What makes Kalima’s smart contracts unique is their ease of implementation through open APIs available for common computer languages – which means that they are accessible without complex specialised training and guarantee a controlled development and maintenance cost.
And, of course, a guarantee of simplicity and reliability since each smart contract life cycle will be managed and secured by Kalima’s blockchain technology.
A network secured by KLX, the Kalima Network’s native token
KLX is a token used on the Kalima Network to hold, send, spend, stake, build dApps on the blockchain, pay transaction fees and acquire nodes. After a successful series of private sales, with 5 million KLX sold, the KLX is listed since February 2, 2023 on the Bitmart exchange platform.
Kalima’s tokenomics follows a model with a limited issuance of a maximum of 480,000,000,000 KLX. The DAO will never change this maximum amount of KLX. What’s more, KLX is listed with the USDT (Tether) as a peer. Therefore, you need to get this digital currency to buy KLX. From there, you have two options: either buy USDT on BitMart or load the BitMart wallet with USDT.
Validation Pools: Kalima Network’s new opportunity
Kalima is offering a limited number of 100 validation pools; i.e., perpetual operating licenses for each pool that groups a set of validation nodes on the Kalima blockchain, ensuring the security of the network.
These perpetual and transferable operating licenses allow their owners to:
- Receive a 5% remuneration on all transaction fees generated by all blockchains within their validation pool;
- Optionally, to ensure the technical operation, management and administration of the nodes.
These Validation Pools are limited to 100 and will be sold as an innovative and high potential financial product, allowing their holders to earn a passive income for an attractive investment.