Sinso — A Filecoin Layer-2 + Infrastructure to help dApps transition to Web 3.0
Source: SINSO Website
SINSO is a Layer-2 + infrastructure focused on the Filecoin Web 3.0 ecosystem. After the capacity of the Filecoin network was built, a series of middleware and various infrastructure needed to be developed for dApps to do a full transition to Web 3.0, and this is currently not complete in the Filecoin ecosystem. SINSO enables application developers to quickly and efficiently build applications in the Filecoin ecosystem and collaborate with storage providers to advance the Filecoin plus initiative.
SINSO offers 4 major product components:
1. SINSO Getway: SINSO Getway provides data collection through a standard API interface, data preprocessing and privacy calculation module. SINSO Getway also lets individuals and institutions exchange data using its standard API.
2. SINSO dApp Cube: SINSO dApp can quickly match medical experts for consultations according to your diagnosis, as well as data confirmation of personal medical records and image data. It has a very user-friendly operations portal. SINSO dApp is the starting point for any individual to master the world of medical digital assets.
3. SINSO Donors Network: SINSO Donors Network is based on the incentive economic model constructed by the in-depth phenotype analysis model of medical data, automatically matching data purchasers, and incentivizing data collectors, storage miners and related contributors.
4. SINSO DAC: SINSO DAC is a company structure that runs on the blockchain. It uses smart contracts to ensure its transparency and fairness. SINSO DAC builds a free and equal environment for participants and investors and is mostly driven by smart contracts.
SINSO is essentially building the infrastructure of the middle layer of Filecoin, thus it is also a Filecoin Layer-2. The completion of the capacity building of the Filecoin network marked the point where the development of applications in the Filecoin ecosystem started to accelerate. As Filecoin is currently lacking quality middleware tools and also does not meet the general needs of dApps in terms of efficiency and performance, the transition from Web 2.0 to Web 3.0 remains challenging up till today. However, it is precisely these challenges in the Filecoin ecosystem that presents SINSO with a huge opportunity to bridge those gaps.
The Filecoin network is growing at a rate of 30 petabytes per day, creating a huge challenge in populating and collecting valid data, and SINSO Getway will be the most important data collection tool for the Filecoin ecosystem. In the face of regulatory compliance and data source traceability, SINSO Getway promotes the implementation of Filecoin applications per KYC tagging and classification templates.
SINSO dApp Cube will be the first to release a middleware product for Fast Healthcare Interoperability Resources (FHIR) and Filecoin interoperability. FHIR is a draft standard that describes the format and data elements, and application interfaces used to exchange electronic medical record data. Such an interoperable component will allow current FHIR-based systems to be exchanged smoothly with Filecoin and to migrate to Filecoin storage as a whole.
SINSO Donors Network is a self-created NFT infrastructure for dynamic datasets. NFT contextual interaction and associative collaboration will stimulate and guide the use of dynamic datasets. Within several industries, activating data silos and building human data collaboration at scale is of critical importance for human productivity, and the SINSO Donors Network is available for use with a stimulating IDE environment.
SINSO DAC will play a decisive role in guiding the rules for virtual data index companies. Essentially the SINSO DAC is a data asset casting machine and is geared to be a DAC for dynamic dataset assets, task-specific crowdsourced tasks that anyone can build. For example, a startup could launch a DAC for a crowdsourced network of 10,000 individuals with sample data on diabetes dynamics and simply set incentive rules for everyone to submit data according to the rules, such as allowing only anonymous contributions of their health data and requiring 3 months of continuous collection, and in return, contributors will receive a corresponding share of a token according to the data submitted.
There are many future possibilities for SINSO’s products to further develop and be applied and used. Another possibility is as an application layer to be used in a metaverse. Filecoin is leading the way to provide the basis for data validation, which is a very important component to any metaverse. In Web 3.0 GameFi, it is designed such that players own their NFT assets and not the game developers, whereas in Web 2.0 games, this was not possible. Using GameFi as an example here, the same rule applies to the metaverse, where ownership of assets fully belongs to the player. As such, SINSO’s Layer-2 infrastructure, together with Filecoin’s technology, will help improve the structure of and accelerate the development of the metaverse.
The $SINSO token is used in the SINSO ecosystem. It is used as a liquidity medium for production, storage, transaction, incentive, audit, circulation of data assets and NFT, and it can also be used for discount rights and interest, liquidity pledge, mining, etc. If you’d like to know when $SINSO will be listed and when the IDO will be happening, be sure to follow their official channels listed below.
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