BEAM - Payment platform.

Beam is a store coin of truly anonymous value.

While maintaining the benefits of an immutable and incorruptible blockchain system like Bitcoin, Beam has also been designed with scalability and features in mind.

Beam is a global payment acceptance platform for the 21st century with integrated support for smart contracts.

We reuse Beam to help stakeholders in the retail value chain become more efficient by interacting with their customers in a direct, meaningful and effective way. Bean generates a Stability with fewer problems when entering and protecting your money.

We can also say that it allows interested parties in the retail value chain to incentivize the behavior of the desired client by defining measurable objectives with a monetary reward attached to their attainment. Being thus a platform of good stability

The computer, data storage, medicine and automotive markets are a small sample of the areas in which blockchains are being tested.

Bitcoin has started a complete revolution, but it has not yet been perfected in regards to one of its main use cases: the private transfer of assets in a peer-to-peer manner.

What Beam offers to the User

We seek to offer comfort and security at the time of transactions or get your money in your wallet, Bean is a currency as said before anonymous but with value, authentic.

Beam is the solution that offers true anonymity and scalable peer-to-peer transactions.

•Versatility: a broad and secure technology, different types of transactions beyond simple value transmissions; that is, atomic exchange, deposit in guarantee and transactions blocked by time.

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Versatility on the Bean platform is capable of transforming easily, which tends to change under certain circumstances. Find ways to generate quick and simple transactions, we offer exits and tickets to the monera with ease and total security first and foremost.

•Confidentiality:The transactions that Bean offers with totally private, No information is stored about the participants of the transaction in the blockchain. Since it generates controversies in hour. We seek to make the jobs clean and reliable.

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Ownership of information, which ensures that it is accessible only to authorized personnel to access such information. Confidentiality is one of the design objectives of many cryptosystems, made possible in practice thanks to modern cryptography techniques. So BEAN is governed to it with total discretion with respect to the user.

•Scalability: Protect and order the order "cut" helps to track the overload that there is at the computer level that there is. What makes the BEAM block chain smaller than any other blockchain implementation.
Bean has a strong potential capable of offering benefits at a higher level, it is one of the great characteristics, because they simply bring a lot of advantages; among them, greater economic benefits with the same effort, less stress and continuous growth, this is only possible with BEAM.

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•Sustainability:

Beam especially seeks the characteristics of development that ensures the needs of the present without compromising the needs of future generations. Implemented from scratch, governed by the community and supported by Beam Growth Pool: 20% of the block mining rewards goes to this group to encourage the development and promotion of BEAM.
Sustainability is a process that LITTLE TO LITTLE IS PROJECTING WITH BEAN, characterized by a behavior in search of a common ideal.

•Usability: We rely more on this page. Network, computer that are simple to use and facilitate reading of texts, which quickly download the information and present functions and simple menus, so that the user finds their queries satisfied and comfortable their use.

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A wallet for desktop computers and mobile devices, designed to support the daily use of individual users and small businesses. That is, make administration of the budget simpler with actionable expenses and valuable information.

•Compatibility:condition that makes the program in the application of the right to be understood correctly either directly or indirectly through an algorithm. It also ensures widespread adoption by the miners of the GPU. BEAM comes with a comprehensive set of tools to run and manage mining nodes

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What is Mimblewimble?

Known as a Bitcoin platform is what allows it to be a decentralized cryptocurrency. We can also say that it is a reliable and secure network.

Unthinkable transactions are a derivation of another type of transaction known as confidential transactions. Confidential transactions allow senders to encrypt the amount of Bitcoins they wish to send using what are known as blinding factors.

They are strings of sifradores that allows deciphering any amount, only the two parties involved are aware of the amount of bitcoins that are transacted, the spectators can not know it. However, viewers can still make sure that the transaction is valid by comparing the number of entries and exits; If both are equal, then the transaction will be valid.

This is one of the emblematic factors with greater intensity in transactions. This blinding factor is used as proof of ownership by the receiver, which allows them to spend the bitcoins

Use of Mimblewimble

In the same way that Bitcoin is a protocol and Bitcoin Core is an implementation of this, Mimblewimble is also a protocol, and the Grin project is an implementation. Grin is a project that uses its own chain of blocks along with its own cryptocurrency.

They are protocols that are made or are carried out with the purpose of making a reliable and safe network, that users are satisfied with the established schedule, with Mimblewimble this prototype is guaranteed.

Grin is paving the way in the implementation of the Mimblewimble protocol, and it is hoped that the lessons learned can be taken and applied to Bitcoin.
Mimblewimble can only be integrated into the Bitcoin network as a soft fork, or as a side chain. In this side chain, users could move Bitcoins and make transactions with a higher level of privacy.

What can Beam do?

Beam es la criptomoneda confidencial escalable

Tiene sus algoritmos con el propósito de:

Give users control over what transaction information is shared and with whom it is shared
• Make a thinner block chain with less transaction details per transaction: allowing faster confirmations and, therefore, very efficient scaling
• Tie multiple transactions in a single transaction, tying blocks in a single transaction, attaching a complete block chain in a single transaction
• Hide transaction values for the sake of privacy
• Hide addresses of both the sender and receiver
• Enabling multiple types of transactions privately: escrow, time locked, atomic swaps, etc.

Mimblewimble Paper

Problem

The retail value chain is inefficient. This is because no one really understands the needs and desires of the client. The companies with which it comes into digital contact have fragments of their data in disparate centralized databases

Companies only think of themselves, not on the users, based on fragments and diverse decentralized bases
Each part has a piece of the puzzle and they do not want to or share it with others. Nobody has a complete picture of the behavior of the individual consumer that dictates the demand and the offer.

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Solution

Deciphering the needs and desires of customers is the key to informing the demand and supply, and in reality there is only one source of truth in regards to customer data: the customers themselves.

We care more and we rely on the concerns and demands of users catching up on those problems. Creating bar platforms facilitates the exchange of valuable data between retail clients and interest groups. This exchange solves the puzzle of customer behavior by providing the retail value chain with real-time access to ideas previously considered impossible.

That is, we give opportunity to consultations and answers on the following problems with the platform and we solve the problem since Beam is reliable, simple and safe.

Token beam

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The economy of the BEAM tokens has been specifically designed for the retail value chain. BEAM combines decades of practical experience, real life coin deployments from the local community, knowledge and experience of Qoin in the currency design and local economies

Token surpasses Beam as a grandiose and adjustable platform.

BEAM is a utility token to encourage the use of the Beam platform and a currency to grow its acceptance network.

With the intention of helping to scale the Beam Platform worldwide, they are adequately incentivized in the short term and compensated in the long term, without problems and some concerns, the platform is based on that and gives the user better quality.

BEAM in order to provide services that generate income to the Beam network.

Benefits

Each transaction in the Beam Platform benefits all its participants.

Achieve the desired behavior encoded in smart contracts.

• Receive additional information from the transactions, reinforcing a positive result
Feedback loop.
• Pay the reward contribution only when all the conditions of intelligence contracts are fulfilled.

Team

For more information watch this presentation by the CEO, Alexander Zaidelson:

More Information & Resources:

•Beam Website
•Beam Position Paper
•Mimblewimble Paper
•Beam YouTube
•Beam Telegram
•Beam Facebook
•Beam Github
•Beam Bitcointalk
•Beam Medium
•Beam Twitter

article by @Chiki for the @originalworks writing contest which is sponsored by Beam

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