China is currently establishing and implementing a strategy to globally expand blockchain services under the initiative of the government. In addition, China tries to exemplify the excellent blockchain platform as a role model.
Among the commercialized blockchain platform, blockchain technology of KOK PLAY, which features the ‘combination of blockchain and digital media, was reported to Chinese main media including China Byte and Jinse. Both media are renowned blockchain media in China and received constant trust from the Chinese public.
When searching ‘KOK’ on Baidu, the largest portal site in China that 98% Chinese people use, the article regarding the expectation and interest of Chinese people in the KOK Platform is exposed on the top. Moreover, the article proved that KOK PLAY’s technology is dominant in the global blockchain industry and has established itself as a standard for the next blockchain platform. KOK PLAY will continue to develop technologies for stable business growth along with content expansion.
Article Link 1
http://telecom.chinabyte.com/218/711229718.shtml
Article Link 2
https://www.jinse.com/news/blockchain/765251.html
[Full Article]
Blockchain
Transformation and KOK PLAY
Many
blockchain projects are based on existing business models. We observe there have been many Reverse-ICO’s
in the past couple of years – some successful, others failed. For unsuccessful ones, Revised-ICO’s are
also observed. It is to revise good yet
incomplete ICO’s
More
generally speaking, these are business transformation utilizing blockchain
technology, so-called blockchain transformation. The KOK PLAY platform was born as a business
model of blockchain transformation.
KOK PLAY
is for digital contents platform enabled by blockchain and AI technology. KOK PLAY aims to share the value created from
the participants in the whole ecosystem in fair way.
There are
variety of digital content areas suitable to KOK PLAY. In most cases, each area has already existing
business and profit model. It also has
its own user base. KOK PLAY uses blockchain technology and utility token KOK to
combine and expedite the synergetic integration of many such digital content
areas on to KOK PLAY platform.
KOK PLAY as
a BaaP (Blockchain-as-a-Protocol)
The
blockchain is called the internet of values, internet of trust, and the
next-generation Internet. The most useful essence of the Internet is achieved
as WWW(World Wide Web). As so, we expect
the useful essence of blockchain may come like WWBW(World Wide Blockchain Web),
which would be the next phase of the WWW.
Blockchain
is often regarded as a technological commodity that possesses public property
characteristics and viewed as a newly formed Economic Layer on World Wide Web.
Trust and fundamental value essential to the economical contract and
transaction are guaranteed by the Economic Layer - the blockchain protocol.
DApps can be created more easily by considering blockchain as Economic Layer.
The World Wide Web seems to be moving towards the next level of the Web, i.e.,
World Wide Blockchain Web. Many
blockchain projects including our KOK PLAY try to become a
blockchain-as-a-protocol (BaaP). Then
many DApp providers with a variety of digital contents can nest their homes on
our KOK PLAY platform
Consensus
Algorithm for KOK PLAY
In the KOK
ecosystem, a node that is designated to generate blocks and participate in
governance is called a Block Generation Node or Block Producer (BP), and all of
DApp are eligible to become a BP. BP’s are selected by the Delegated Proof of
Stake & Service (DPOSS) method. The
consensus between BP’s is performed by the Parallel PBFT algorithm.
BP is
selected among DApp providers that provide high-quality DApp services. The
selection method is ranked according to the votes of coin holders and the
service utilization rate. Selected BP’s are compensated for block generation.
One BP
consists of two logic layers. The upper layer is the Service Layer and the
lower layer is the Communication Layer that is responsible for consensus.
In the
beginning, twenty-one BP’s are grouped by 7 Regions before launching the
MainNet, taking into account the distribution of global communication networks
and the geographic locations of DApp’s.
Some BP’s that do not have to represent DApp’s may join the MainNet as
dummy BP’s. A dummy BP is with only the
Communication Layer. Such BP has a
dummy Service Layer.
Each BP
has its own index number between 0 to 20, which is called the Block Producer
Index (BPI). The node that initiates a block creation at a certain time to
start consensus is called a Primary BP. A Primary BP is responsible to generate
blocks during a Block Generation Period and make block confirmation with its
neighbor Lead BP’s. The Lead BP of a
Region verifies the block with its neighbor BP’s in the same region using PBFT.
Primary BP
is determined during the previous Block Generation Period applying modulo (21)
function to the hash value of a certain block. Each Lead BP sends the consensus
result of its Region to the Primary BP. The consensus algorithm used between
Primary and Lead BP’s is also PBFT.
The overall consensus algorithm for KOK PLAY is
thus Parallel PBFT(PPBFT), which makes block generation and confirmation very
fast. Overall BP configuration schemes
and consensus algorithm can be depicted with some details as following.
Ecosystem
of KOK PLAY and Its Development Partnership
KOK PLAY
is DApp-friendly so that BP’s are selected from the master nodes among those
DApp’s nominate. Such BP’s have valid
interests and motivated reasons to keep the whole KOK ecosystem healthy and
robust.
For many
existing and new digital content businesses to get on board to KOK PLAY
platform, the environment, and tools to make their own DApps are necessary. KOK
PLAY will provide KOK DApp Development Environment (KDEV) and DApp Development
Kit (KDDK) for this purpose.
Well-proven compiler technologies and W3C’s standard data definition XML
are used to design and develop KDEV and KDDK.
Currently, KDEV and KDDK are scheduled to release alpha versions in Q1
and Q4 of 2022.
KOK PLAY
is to share values in fairway amongst all participants in the ecosystem enabled
by blockchain and AI technology.