Three-Dimensional Scalable Blockchain Platform

instant transactions

100k+ on-chain TPS

real-time auto sharding

Apply for private sale!

Power_testnet

In the testnet, you can take a full use of the blockchain and try out to integrate it with your project (totally for free). 3 shards are available for users.

The arising questions you can discuss here in our community.

Dashboard to the services and functions of the network. Already for now you can use your web-wallet to control its balance, to send and receive tokens, to keep there private keys and generate new wallets. All actions in the test network and wallet are free.

Create a wallet

The Testnet is a three shard blockchain, where using the API, you can integrate the blockchain into your projects; Web-Wallet; Explorer for blocks & transactions viewing, and for management of smart contracts.*
To use smart contracts, please, contact support@thepower.io.

Explore

Can be used to track transactions created with wallet or API. Moreover, it for sure will be helpful for debugging in the integration process.

Explore

With the API, you can integrate the blockchain into your project. Universal API allows you to work with any ecosystem service in a single address space, with all blockchain functionality available.

Explore

Flexible Frameworks

We develop ready-to-use frameworks to speed up global markets transformation with blockchain technology.

We approach the new era for global markets tokenizing. It’s time to unveil such markets like Equities ($67T), Debs ($99T), Derivatives ($1.2P), Real Estate ($217T). Based on Power_blockchain features we build a simple and ready-to-use framework for Security Token Offering market players.

As experts say one of the key markets to disrupt with blockchain is FinTech. The secure and efficient way of data transmission, middlemen and bureaucracy elimination, these and other advantages make blockchain technology a Holy Grail for “FinTech” and Banking market.

Power_blockchain ideally meets fintech demands with blockchain hybridity, programmable level of privacy, high bandwidth and instant transaction validation.

Blockchain helps to track supply chain in real time and automate transport infrastructure. Thanks to smart contracts all contracting parties could be connected in a single chain. We have run the joint pilot project for our partner — Atlas Delivery, who making «uberisation» for the freight market.

When M2M communication is paired with blockchain technology, no human involvement is required to ensure that production remains as efficient as possible. We develop our smart contracts with IoT and M2M deployment in mind. Together with our partner CPS Business Solutions, we have drawn up frameworks for different industries, using wearable and sensors as oracles and blockchain as a decentralized databus.

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Project description

The Power creates the best blockchain network - top speed hybrid and scalable blockchain all in one.

Speed and horizontal scalability are achieved through the sharding. Public and private blockchains form a single network and unified address space.

Roadmap

  • Idea
  • Basic research

Q2 2017

Resonance investigation

Q3 2017

PoC sharding technology

Q4 2017

  • MVP Resonance
  • Power_wallet
  • Testnet

Q1 2018

  • Sharding testnet
  • Power_explorer
  • Power_API

Q2 2018

  • Worknet (for partners)
  • Smart contracts, WASM

Q3 2018

  • Power_hub (alfa)
  • Power_API (full beta)
  • Testnet with smart contracts

Q4 2018

  • Mainnet
  • Bug bounty
  • Private Shards
  • Blockchain templates

Q1 2019

  • Smart contracts Visual Builder
  • Smart contract templates
  • Power_store

Q2 2019

Blockchain Domination

Team

We are engineers with a complex approach to solving problems. We know and understand thoroughly how complex technical systems work, including crypto-instruments.

The project team includes highly qualified specialists with a stake in the stock of knowledge and rich experience, coped with bursts of load, DDOS, hacker attacks and fine code optimization.

Max Mikhailenko

Founder/CEO

Estonia

Networking expert with 20 years experience

Built 2 internet services providers, 9 year startup experience, serial inventor & SaaS entrepreneur, MBA, cofounder and originator of “The Power”, blockchain evangelist, innovator.

 

Igor Belousov

Founder/CTO

20 years in IT, 10 years startup experience

Cofounder telecommunications provider

Cofounder, Technology & Blockchain software Architect The Power

 

Dmitry Burov

Managing Partner

Expert in project management

Experience in IT over 10 years

Сreated geographically distributed teams for making different web services

 

Vitaly Pirozhkov

Co-founder/CVO, Business Architect

10+ years in tech, IT projects and startups.

Blockchain evangelist. Entrepreneur.

Top manager. Experience in large business and hi-tech. Expertise in law, finance and investments.

 

Vladimir Goncharov

Skilled backend developer

Highly skilled developer. 20+ years of programming experience. Majoring in high load server side apps for the last decade. Erlang developer since 2012.

 

Andrey Zhuravlev

Senior Blockchain Developer

Experience and skills: high load systems, code optimization, active role in crypto-exchange development (admin panel, analytics and so forth). Develops on Erlang, Ruby, PHP

 

Alex Leo

Senior software engineer

20 years in IT in general. 10 years of experience in testing and verification of safety-critical software as per DO-178C. Several years of experience in different areas of computer sciences: database design, low-level applications, highload client-server applications, web development, decision-making systems.

 

Vladimir Eliseev

DevOps

Highly qualified IT developer. 20+ years of experience in IT and in building Internet networks. Proficiency in support, automation and optimization of servers, active network equipment, writing scripts.

 

Max Urazaev

Marketing & Community Lead

10+ experience in marketing and community development, 5 years startup experience, ex-COO of Rega Risk Sharing within tokensale.

More than 3 years in Professional Affairs in Colgate-Palmolive (Nasdaq: CL).

 

Maru Kachko

East Asian Community Manager

South Korea

Over 4 years international communication, presentation and journalistic experience.

East Asia focused International business and finance specialist. Korean and Chinese translator.

 

Oleg Yudin

Community manager

Over 7 years in the marketing of the energy corporation. Participated in dozens of international exhibitions and conferences.

 

Laura Toma

Marketing expert

Romania

Co-founder Renowned&Co and Head of Operations. Early blockchain adopter and investor. In crypto community from 2016.

 

Alex Prayd

Director of Operations for the Asia Market

Thailand

Expert in sales, business communications and finding the resources needed for projects.

Over 10 years of experience in the field of cinema and the music industry.

 

Asya Dovgaya

Chief Marketing Officer

10 year marketing experience. Developing marketing strategy, coordinating marketing campaigns with sales activities, coaching and creating teams responsible for marketing and sales.

Expert in B2C/B2B projects marketing, analytics, PR and media advertising. More than 10 years of advertising department management.

 

Alexander Vizgalov

Integration partner

10+ years involved communications and sales. Linkedin Networker (12.000+ followers worldwide).

7+ years in project management. Startup architector. Evangelist of CusDev and LeanStartup methodologies.

 

Evgeny Ivanov

Designer

9+ years in design. Art Director and Lead designer in Creative Agency.

5 years in interactive design. UI/UX, Layouts.

Advisors & Consultants

Luke Lombe

Advisor

The Founder of Echelon One, Associate Partner of The Liquid Fund VC, Head of Blockchain for PlayChip, and ICO advisor for Cryptyk.

 

Christian Pope

Marketing advisor

24 years of marketing experience, & nearly a decade specific to the financial & crytocurrency industries. Served as CMO, VP of Marketing & Consultant with a key emphasis on B2B Fortune 1,000 & B2C technology startups.

 

Demetrious Zamboglou

Advisor

Switzerland

Dr Demetrios Zamboglou is the Chief Business Development Officer (CBDO) of Lykke Corp, a financial technology (FinTech) group of companies.

Demetrios is a multi-award winning executive and a distinguished academic financial researcher in the topics of Behavioural Finance and Blockchain Technology.

 

Fiorenzo Manganiello

Advisor

Switzerland

Fiorenzo Manganiello is a professor of blockchain technologies at Geneva Business School and a thesis supervisor for master in finance and MBA students. He was awarded Blockchain Expert Switzerland for 2018 by Acquisition International.

 

Jake H. Kim

Advisor

South Korea

Dedicated 18 years to IT sphere and successfully pursued different career paths such as diplomat, researcher and game creator. Developed high performance servers and other high-tech projects. In the recent years, his extreme interest in AI fueled his research of how AI could extract human emotions from text messages. Currently, is working on the way to combine AI and blockchain technologies.

 

Dimitry Machikhin

Advisor

Europe, Asia

CEO Midex.com, Advisor to GMT Legal. Has advised over 30 block projects. Author of numerous articles in the media. Expert cointelegraph.com and icobench.com. Business consultant, since 2013 professionally advises start-ups around the world.

He worked in leading companies in Moscow, Paris and Luxembourg. He studied at the University of Princeton, the Institute of Legislation and Comparative Law, the Moscow Business School.

 

Vlad Kirichenko

Consultant for IR

Co-founder and CEO of Jincor, managing partner of the venture capital fund Puzzle Capital. A serial entrepreneur and an investor with three years of experience in detachment and key competencies in strategic planning, international communications, IR & GR.

 

Nikolay Saperov

Independent economics expert

Previously, a trader in Moscow investment banks and private funds, investment company partner. Cryptonomics consultant for several projects.

Highload skills

Backend

  • Databases:

    PostgreSQL, MongoDB, RocksDB, Redis

  • Programing language:

    C/C++, Erlang, C#, Python, JavaScript

 

Frontend

  • JavaScript:

    ReactJS, Angular, jQuery, WebAssembly

  • Design and layouts

 

Testing

  • Regression analysis
  • Code inspection
  • Collection and analysis of structural coverage
 

DevOps

  • Linux
  • Databases

News

Specification

Highload consensus

Resonance

High data processing speed helps to minimize transactions cost.

Innovative consensus algorithm for systems with a high load based on the variation BFT & DPoS. Specifically designed to work with shards.

Protocol allows to customize bandwidth, transaction cost and block creation time on shard level having at the same time fully/completely on-chain transactions unlike other decentralised solutions.

Scalability achieved via parallel execution where transaction flows are separated according to geographic attributes and sort of business tasks.

High Speed

Scalability

Stability

The cost of financial transactions:
less than $ 0.01

Throughput:
more than 100,000 tps

Variable time transactions:
less than 1 second

Technical stack

Completely new code.

New scalable architecture.

New consensus algorithm with time-proven cryptographic functions.

Core:
Erlang

Math,crypto and other modules:
Rust

Customizable

Shards

Customizable shards form a single network with scalable blockchain on-chain transactions. Network bandwidth increases in proportion to the number of shards.

Shard network give more than 100 000tps/s by distributing the load between them.

The rapid growth and scale network capacity will in the first phase - hundreds of thousands of tps and later — More than a million tps.

Shard types

  • Public
  • Private
  • Dedicated

Task types

  • Finance
  • Calculation
  • Media storage
  • Data storage
  • Lightweight store
  • Key Value store

Smart contracts

The new standard for smart contracts for various purposes: Web Assembly

Our standard language for Smart Contract: Rust
WASM is compatible with: C, C++.
in the future: Java, Go, Solidity

Explore the architecture

Power_wallet

More than a wallet

Smart-assets

Digital assets capable of interacting with Smart Blockchain Environment

Power Store

The blockchain marketplace for Dapps, modules and templates of smart contracts and private blockchains

Decentralized applications

DApps based on cross-platform interactions with a standard interface for users

Voting

Voting in different projects, platforms and communities using Power_Blockchain

Create a wallet

Flexible
Blockchain
Economy

Power solves the problems of the existing technology’s blockchain:

— Economic efficiency is too low.
— Cost of the transaction is too high and susceptible to speculative influences.
This hampers the practical implementation in organizations.

The main parameters of the effectiveness of the economic model of Power is the cost of providing services and modes of payment. To ensure the required flexibility of the technology is based on a two-tier economic model.

Service
economy

Any business partner, project or startup, can create their own ecosystem. In addition to providing a service or application with a unique economy in a trusted environment.

Base /
technology economy

Low cost functions and services. Smart Blockchain environment, which provide stability index XDR (SDR).

Try to move on

Smart Blockchain Environment

ICO and pilot projects can buy SK tokens at negotiable volume and get access to the best blockchain with a working network and tools for the fast integration.

Apply now to get early access

Token Smart Key

Your key to the future!

Smart Key – the core native token with unique sets of properties within Power_blockchain. Written in blockchain as SK token.

Token can represent a right to use of The Power products and services. The main purpose of SK is grants access like a «fuel» for network interactions.



Tokenomics FAQ

Smart Key is used for payments:

Transaction commissions

 

Smart contracts

 

Dapps operations

 

Functions and services

Do you have any questions?

Join our community now!

Minting & Data processing

Benefits for Node Owners

Power_network encourages creation and maintenance of nodes and shards.

  • Fee mining — getting a commission for data processing in the decentralised network.
  • Nodes are rewarded by «par minting» and gradual emission.

Data processing includes 5 types of tasks:

  • Financial transaction registration
  • Non-financial transaction registration
  • Smart-contract calculations
  • Blocks data validation
  • Data storage
Launch your node

Partners





Legal partners