Multiversum

MULTIVERSUM is a platform that enhances data layer through a self verifying and distributed structure of organized data entities related to one another by symbolic links.

PROS:

• The use of multicurrency wallet boast the security level and  the platform reliability as there is protection of the users from scammers, hackings  and wrong transactions
• The transactions carried on the platform have insignificant cost  which are next to zero  in the environmental footprint making  the platform use less costy
• The platform application supported by Android and IOS  enables the users to effect easy transactions  as they are able to send and receive payments everywhere across the world ones downloaded and installed in their phones
• The creation of Relational Crypto Database enables the platform to handle  a series of data grouped in graphs of complex data structures  related to one another
• The funds are transferred across the  users wallets faster in less than 0.2 seconds  with a secure validation of the transactions
• The platform technology enables it to run different transactions parallel and split region mechanism of block chain allowing for greater horizontal scalability  and increase  processing transaction capacity  with additional computational power
• The  platform allows rollback of undesired operations which can be enabled on all the tokens and  application on the platform
• The proof of integrity which replaces proof of work and  the proof of state in various shape  enables the verification of cryptographic validity of the compiled nodes  and uniformity of the various responses from the majority of these nodes

CONS:

• The white paper information lacks approval by law
• The platform token use is restricted in some areas
• The funds raised at the token pre-sale lacks insurance and warranty hence can be easily mishandled

SUGGESTIONS:

• The whitepaper should be fully approved and backed up by law to prevent misleading the users
• The funds raised at the token pre-sale should be insured to avoid any losses

Multiversum is a Blockchain 4.0 project. This blockchain generation terminology is far from being universally accepted, but is often used for marketing purposes. In a nutshell, the Multiversum project is a universal blockchain that can be used to facilitate transactions. Its features and characteristics will, it is claimed, put it far ahead of current solutions and will enable it to compete with various top blockchain platforms.

The team are planning to implement a range of innovations to ensure high network capacity and performance. The solution will employ a new consensus algorithm (Proof of Integrity) along with Crypto Relational DB, parallel computing and blockchain rollback.

At the moment the team are offering a testnet mobile app, which can be essentially considered as an MVP. Nevertheless, the project is still at an early development stage.  

One of the project’s shortcomings is its documentation. It is not very high in quality, given how complex and ambitious the project is. There are many aspects, especially technical, that have not been described in much detail; this makes it difficult to properly assess the project. Plus, the information provided on the site and in the white paper is inconsistent. At the moment, different sources provide different information on team members and advisors.

The main project risks are associated with how ambitious the project is. When a project claims its solution is “revolutionary”, it not only garners attention but also means higher quality requirements.  Development of advanced technologies is an important objective for fintech startups. However, it is also important to pay attention to market behavior and dynamics, otherwise the 4.0 or even 5.0 blockchains (these will enter the picture sooner or later) risk being unrealized and remaining simply ambitious projects.