summary: KardiaChain is The First Decentralized Interoperable and Self-Optimized Blockchain Infrastructure.
content: KardiaChain is a blockchain that interfaces different systems and applications in the blockchain environment. Their objective is to bring together an environment that consolidates the aggregate quality of all things and also establish the framework for the forthcoming blockchain mass reception. The essential arrangement of KardiaChain is the Dual Master Node (or Dual Node for short), it has three known segments: Translator, Router, and Aggregator. This arrangement gives a down-to-earth and non-obtrusive approach to encourage secure and decentralized interchain association, reduces expenses, and increases speed. History KardiaChain was an idea concieved in early 2018 as a blockchain solutions ecosystem, having raised the development funding of $1.7mn via private sale in June 2019 for 16.32% of the maximum supply of their native token, KAI (total of \~816mn KAI allocated). The token was later issued on the ERC-20 standard via IEO on April 8th, 2020, with a maximum supply of 5,000,000,000 KAI. 750mn KAI was available in the token sale and it sold out entirely, raising $1.08mn. The KardiaChain main net was launched in December 2020, following which KAI was swapped to the native chain, which was previously in development. The main net utilizes dual Byzantine-Fault Tolerant Delegated Proof-of-Stake consensus mechanisms on their Dual Node technology. The remaining KAI tokens joined circulation via either block rewards for validators post-main net or vesting releases from the various allocations. Overview KardiaChain is a public blockchain that is mainly focused on Interoperability, it's the world’s first fully interoperable and non-invasive blockchain platform. Their invention, called Dual Node, allows them to expedite the blockchain mass adoption process in an efficient manner, reducing the need for educating the market. They aim to provide more usability and blockchain features for various service providers that are joining the KardiaChain ecosystem. The goal is to build a complete blockchain ecosystem for institutions by taking advantage of 3 main components: gateway, infrastructure, and services Gateway reduces the entry barrier onboard for non-crypto users onto blockchain via user-friendly payment channels. Infrastructure is the interlinked public and private KardiaChain blockchain network for users and businesses to operate, leveraging the unique non-invasive interoperability. Services are the traditional organizations that collaborate with KardiaChain to tokenize and decentralize their existing services/products to become more effective and efficient. Features Supply Chain Management KardiaChain smart contracts provide a secure and transparent yet convenient way to record and track any aspect of a product from its origin to authenticity. Fully Decentralised Cross-chain Exchange Their alpha DEX is running on NEO and Ethereum test nets, successfully swap between NEO & ETH, showing the capacity for ERC20-NEP5 token swap. The whole process happens and is recorded on-chain, Neo test net, EthereumRinkeby, and KardiaChain test nets. Team The team currently has 4 offices in Singapore, Hanoi, Ho Chi Minh, and Seoul. Tri Pham CEO / Co-Founder Tri is a Tech Startup founder and advisor in London with over 10 years of entrepreneurship experience in multiple sectors like mobile app, finance, and services. He focuses his business majorly on bringing cutting-edge technologies to the masses. Huy Nguyen CTO / Co-Founder Huy is a senior Tech Lead Manager at Google, with more than 10 years of experience in building large-scale distributed infrastructures. He has a track record of leading various high-profile projects, most notably Google Access Wireless Platform and Google Fiber Network Infrastructure. Anthony Vo CFO Mr. Vo is a finance person who is currently working as First VP, Bank of Hope, the largest Korean American commercial bank in the US. His previous experience was with KPMG Advisory in a Manager role for Risk Management Analytics. Johnny Tri Dung CBO Johnny is the COO & Co-founder of Big Cat Entertainment. He was the Chief Grow Officer at Galaxy Play, Partner Manager at Facebook Vietnam and YouTube Vietnam, Strategic Business Management Director at Tiki.vn and Asia Pacific Director at CleverAds Corporation. Thang Huynh CRO\\\\ Prof. Thang is a SEW assistant professor in the Department of Mathematics at the University of California, San Diego, receiving a Ph.D. degree from Courant Institute of Mathematical Sciences, New York University. He is an expert in mathematical signal processing, valuation model, and hashing. Thien Nguyen Tech Lead\\\\ Thien is a senior software engineer at Google with over 10 years of experience in software infrastructure, with strong expertise in highly secure and scalable database systems. Prior to working at Google, he worked at Oracle, Amazon, and co-founded Quosap as VP of Engineering. Nam Do Tech Lead Nam works as a senior software engineer at Google. He has over 10 years of experience in systems infrastructure, advanced algorithms, and complex backend systems, most recently including Google search infrastructure and Assistant platform. Huy Doan Tech Lead Duc Huy is a known software engineer at Google with a deep desire to work on impactful projects. He previously led the Google+ engineering team and is currently contributing to Google Health and Biosciences with his expertise in Machine Learning applications. Luu Tran Director of Product Development\\ Luu is a seasoned developer and researcher with 12 years of expertise in infrastructure solutions for enterprises leveraging emerging technology. Previously, he was the CTO at INVESTIP Group, consulting businesses around the globe, building technology copyrights, and technology transfer. Thao Dang (Astrid) Head of Marketing and Partnerships\\ Astrid is a proactive player with vast business connections, having worked at top ICT companies like FPT Software as an IT business analyst. She was also a Marketing and BD Manager at a leading Vietnamese blockchain agency and VC, where she analyzed investment and built the Asia market for international projects. How it Works The main solution of KardiaChain is the Dual Master Node. This solution offers a non-invasive way to facilitate decentralized inter-chain connection reduces costs and increases speed, further supported by KardiaChain’s sharding capability. It allows interactions between smart contracts on different blockchains and allows the transfer of assets and data cross-chain. The Dual Master Node simultaneously accesses both ledgers of KardiaChain and the other blockchain of choice and uses the BFT dPoS consensus model to support the decentralization in cross-chain activities. It comprises of the following main components: Translator It utilizes Kardia unified Smart contract Language (KSML) to break the language barrier between different smart contract platforms, acting as a middleware for translation of instructions in the smart contract between KardiaChain and external blockchains. Router It determines which is the best chain to direct the translated request based on the multiple inputs like current performance, fee, waiting time, and capacity. Aggregator It batches new updates from other chains in order to reduce strains on KardiaChain and potentially reduce one block of updates to one transaction on KardiaChain. Smart contract templates that allow customization can be deployed on Kardia and then translated and forwarded as native contracts on correspondent chains. Furthermore, the Kardia ecosystem contains a decentralized exchange that allows atomic swap trading between assets on different blockchains. Miners can stake KAI in order to become block creators and validators, join the consensus, secure the network, and earn block rewards. KAI serves as a transaction fee when submitting smart contracts, dApps, or making cross-chain operations. Tokenomics Circulating Supply: 1,750,000,000 KAI Total Supply: 5,000,000,000 KAI Maximum Supply: 5,000,000,000 KAI % of Max. Supply Minted: 100% Network Value: $28,898,100 (1,575 BTC) Network Value at Max. Supply: $82,566,000 Exchange Volume: $1,301,832 ($573,400 excluding wash) IEO IEO Period: 8th April 2020 Total Tokens: 5,000,000,000 KAI Total Tokens Available for Sale: 750,000,000 KAI Total Raised: $1.08mn Average ICO Price Per Token: $0.00144 Total Tokens Sold: 750,000,000 KAI KAI Token Allocation Total Supply: 5,000,000,000 KAI IEO (Gate.io Startup): 750,000,000 KAI (15% of total supply) Ecosystem: 1,000,000,000 KAI (20% of total supply) — 10% upfront, 5% locked for 3 months and the remaining 5% locked for 6 months Community: 250,000,000 (5% of total supply) — Locked for 3 months Private Sales: 816,000,000 KAI (16.32% of total supply) — Locked for 6 months, then vested equally each month for 10 months Block Rewards: 500,000,000 KAI (10% of total supply) — over 5 years KardiaChain Team Locked Tokens Team: 600,000,000 KAI (12% of total supply) — Locked for 12 months, then vested equally each month for 24 months Advisors: 150,000,000 KAI (3% of total supply) — Locked for 12 months, then vested equally each month for 24 months Foundation Reserve: 934,000,000 KAI (18.68% of total supply) — Locked for 12 months, then vested equally each month for 24 months. Exchanges KAI is available for exchange on the following platforms Uniswap KuCoin MXC Gate.io Hotbit Bilaxy Bittrex Coinone Kyber Network 1INCH Exchang