Neblio Partner Tomas Svoboda — AMA (Binance Czech & Slovak) English Translation Transcript

H = Host (Binance)
Q = Question
T = Tomas

H:

Hi Binans! 👋 Welcome to Neblio × Binance AMA. It is a great honor to host today’s AMA on Neblio! 😊

Neblio (NEBL) is one of the cryptocurrencies traded on Binance and today you have a great opportunity to find out what this project is about, plus to win a share of the $ 200 prize pool! 👀

Our guest today is Tomáš Svoboda. @fyziktom you are ready to start with AMA?

T:

Hi. I’m ready :)

H:

Great! 👋 Thank you for taking the time to contact us today. To begin with, can you tell us a little about yourself, who you are and what your role is in Neblio? 🤔

T:

My name is Tomáš Svoboda. I have devoted my whole life to science and technology. Especially software development. I already have a lot of experience from practice, incl. construction and exit of the start-up (development of X-rays and CT for inspection in production). In recent years, I have been focusing primarily on digitization in industry, and this has also led me to blockchain.

I’m a Neblio partner. My position is in the blockchain application layer. At the beginning of the year, I decided to write a C # framework (Virtual Economy Framework), which will simplify the application of blockchain in various applications. This is a package that provides the programmer with all the basic and advanced functions he will need to connect the blockchain to his application.

H:

Let’s talk about Neblio now. Can you tell us briefly what Neblio is? 🤔

T:

Neblio is an open-source blockchain that was created in 2017. The main author is Eddy Smith. This is a PoS blockchain, which has been PoS since the first day of launch. Staking is also possible on Raspberry PI (approx. 5W consumption). Neblio allows you to create your own tokens (similar to ETH).

Neblio is also a cryptocurrency that has been on Binance since 2017.

Neblio has a current supply of around 18m. Staking generates a maximum of 10% inflation. In principle, the maximum supply is infinite, which ensures enough coins for future use (payment of fees or creation of tokens).

Neblio has a stable transaction fee of 0.0001NEBL / kb. A maximum of one transaction can save up to 4kb (for comparison dogecoin only 83b)! Technologically, it is still possible to reduce the fee up to a million times (if the network decides). Thanks to this, it is possible to maintain the usable price of fees even when the price of Neblio on stock exchanges rises.

H:

Although Neblio has existed for several years, it is not well known. Do you know why this is so? 🤔

T:

Neblio is focused on B2B applications. Due to that, the team does not develop much activities in the field of B2C marketing. For them, it is primary to look for B2B partners who are looking for information in a different way.

Neblio does not seek to be a popular cryptocurrency, but a blockchain for serious applications. They do not want to present only visions, but already proven applications. We are working intensively on this and of course then we will be happy to present not only visions, but also supported by a stable application.

H:

I understand. So what are Neblio’s guidelines? 🤔

T:

Technological stability and speed are key for Neblio. Therefore, it is considered what functionalities are added to the core of the blockchain. Industrial applications often prefer high stability of base cells and separation of application layers. For example, a smart contract can run in the second layer and allow independent updates, etc. Decentralization of such a layer can then be implemented by running on a decentralized cloud, etc. For this reason, I also created VEFramework, which creates a second layer over Neblio blockchain (or others) and complements these functions. This layer also allows connection with other blockchains, now for example with Dogecoin.

H:

And what do you personally see as the main advantage of Neblio? 🤔

T:

Simplicity combined with flexibility. Neblio is an infrastructure blockchain. I can create my own tokens on it, which then help me to more easily sort the data on the blockchain. However, starting the development is extremely simple and intuitive. When I looked at other blockchains like Polkadot, etc., I didn’t even bite through all their documentation. It’s just too swollen. That is why I know that Neblio has great potential in the industry, because simplicity, reliability and flexibility are the basis there.

H:

I know that Neblio has its own NEBL token, which is also tradable on Binance. Can you tell us what its use cases are? 🤔

T:

The NEBL token is the basic “coin” in the Neblio blockchain. It has four main functions. The first is the payment of a transaction fee, which contributes to the people who confirm the transactions. These are needed to store the data in the blockchain. The second is therefore the “force” for confirming foreign transactions (so-called staking, which brings 10% appreciation) — which is also an investment tool. The third is the representation of the value for the shift, ie the function as currency. The last main function is the ability to create your own tokens from 10 NEBLs. This allows me to create my own token for my application. They then help me sort the data on the blockchain (they need NEBL for the transaction again).

Custom tokens greatly simplify the creation of custom applications. Now I test them in several PoCs, for example for publishing news and podcasts, NFT for the needs of selling digital art, sending encrypted messages, playing chess, sending production data in automotive, software licensing, etc.

H:

Amazing! Thanks for answering all my questions! That was my last. 👍 And now let’s see what our community has prepared for you! 👀

— -
community questions start here
— -

Q:

Hi Tom, what do you think is the most interesting project created on Neblio blockchain?

T:

Dogeft at the moment. It is an integration of Neblio and WooCommerce (plugin for WordPress), which creates Eshop with NFT (these are on Neblio Blockchain). These NFTs are purchased using Dogecoin, which is also fully integrated into VEFramework. Stores are automatic and all orders are processed using an application that serves as a backend and may not be accessible from the outside. It’s a very good concept that shows how easy it is to add Neblio or Dogecoin to an eshop.

Q:

Currently the technology is changing every second, is NEBLIO afraid in the future its project will be lagging behind new projects with newer technology? Does NEBLIO have a plan for this?

T:

Like other projects, Neblio is evolving. He’s just more careful. In industrial applications, this is an advantage. Many “innovations” can be implemented in higher layers or as plugins, which allow easier and safer maintenance. It is also an advantage in terms of security

Q:

Most investors focus only on the short-term price of the token instead of the actual value of the project. So what are the benefits for long-term investors in NEBLIO?

T:

Mainly focusing on industrial applications. Last year, I launched the PLFramework project, which greatly simplifies the creation of production line control software. We now have it deployed on several lines in an automotive company. These lines will be in operation for about 10–15 years. Their main brain is an industrial computer, which thanks to the connection to Neblio will also serve as a node. This will create a truly stable base of nodes as well as users. Approximately 150 tons are produced daily in the given production hall. products and they travel to other processes or to the OEM. Each of them will have their NFT in the near future :)

Q:

Hello Tomáš, Dom and others, I have a question for you regarding the use of Neblio in small and medium-sized enterprises. As you know, in the Slovak Republic and the Czech Republic, their number is more than 90% compared to the large ones, and I think that this group of entrepreneurs is also among us here. How can these companies take advantage of a given token / coin resp. of this project eg in corporate data management? What specific benefits are we talking about and what are the input costs — whether time or money. Thank you in advance for your reply and your time. D. L. (@laitkeep)

T:

Definitely. The benefits of using a blockchain are from individuals to large multinational corporations. It has two levels. The first is that you only use Neblio as a decentralized database and store production data in it, for example. There you can use a third-party application and even in this mode you will save incredible costs compared to conventional production data storage systems. The second level is application, where the company itself uses, for example, VEFramework and creates or updates its application. This makes it possible to reduce over 90% of application development costs compared to the centralized models used today. Of course, it’s not entirely for 100% of applications, but in most cases, the savings are incredible.

Q:

Marketing is at the heart of every project, so it’s important to let people know its potential. What is NEBLIO’s strategy to attract new users and Investors to your platform and retain them for the long term?

T:

Neblio is now focusing on marketing to B2B partners. B2C marketing should rather be in the hands of application partners, such as me. We are now testing a number of PoCs, and as soon as we have the results, the phase will begin when we will present this information more within the retail investor communities. Most industrial partners do not want to speak in public without completing the testing phase. But don’t worry, it will come soon :)

Q:

Are we able to see the real application of Neblio in our Czech regions and what branch of companies would you recommend Neblio?

T:

Yes. The VENFT application is already running publicly. It is part of VEFramework, as an example of the possible use of the VEDriversLite package. It is a web wallet that integrates with the NFT platform. At the same time, it enables the creation of NFT Events and Tickets (these can be used as concert tickets, online meetings, etc.). VENFT also includes encrypted messages. This application is in the beginning, but now more and more users are coming daily.

Q:

It seems that you want to compete with polkadot or solana, for example, but I see there

The main difference in the number of tokens issued is you much lower why? It is calculated with fact

that fewer tokens means higher price?

T:

Due to the fact that this is a PoS blockchain with 10% inflation, the supply will gradually increase. I don’t know the specific decision why such a large amount was burned, but I will definitely ask the founders about it :)

Q:

Many new projects initially developed well but were suddenly abandoned. How will NEBLIO manage the project to maintain its position in the market and become a good project in the blockchain world?

T:

Neblio has been here since 2017. Even after the end of the bullrun in 2018, they continued to focus intensively on development. This convinced me, for example, because it can be seen that they do not do it for money, but for technology. Now, thanks to me, they have gained a large number of contacts in industrial applications, thanks to which they will establish a strong position. It will probably take time for retail investors to understand. Thanks to the fact that it is an OpenSource project, I have the opportunity to possibly create a fork and continue development if anything happens. This also calms me down, which is why I chose Neblio as the main basis for VEFramework and my other projects.

Q:

How much does one have to pay to create programs on your platform?

T:

Virtually nothing. The whole VEFramework is Opensource also for commercial purposes (of course I welcome donations, because now I’m doing everything for free: D). Now I also provide Airdrop 0.05 NEBL + 100VENFT (Neblio tokens). Thanks to this, it is possible to start developing and testing immediately. If someone needs help, I am available and it is possible to agree on a larger airdrop, so that in the first steps the developer does not have to look for Nebl somewhere on the stock exchanges. With one Nebl it is possible to perform up to 5000 transactions, so the development is very cheap. It is also possible to use Testnet, but I do not have it integrated in VEFramework yet.

Q:

Safety and security are always the most important things. So what is the security mechanism of NEBLIO to ensure user data do not become the target of hackers?

T:

This would certainly be better answered by the author of Neblio, Eddy. From my point of view, the key is that at the moment the blockchain is functionally minimalistic, so it does not contain, for example, integrated smart contracts, which are one of the simplest targets for attacks. The data itself is accessible on the blockchain and it is more on the application layer how the data is protected, encrypted, etc.

Q:

What are your advantages over other popular programming or project creation platforms and more?

T:

The main one is probably C #. Most other blockchains have a comprehensive framework only in JavaScript, Go, etc. C # ignored a lot and yet in industrial applications JavaScript does not work. Even C # is hard to push there, but it is already gaining a place. In a few years, it will be the leader for industrial applications and the blockchain that such a framework has (now Neblio and Ethereum) will have a fundamentally more advantageous position (ETH not because of fees and speed: D).

Q:

What companies have you already worked with and in which do you see a great application of these technologies?

T:

During my career I have worked with about 150 manufacturing companies. I probably see the greatest potential in companies such as Continental, AVX, KIEKERT, Brano Group, with whom I have worked intensively for several years, and the savings in using our solutions are absolutely incredible for them. Mainly due to the fact that we often dealt with the delivery of machines to more locations such as the Czech Republic-Mexico-Korea and everything must be connected. However, in about all those about 150 companies, I see a huge potential to save them huge costs and processes.

Q:

If you compare IOTA and Neblio, why should the customer choose the right Neblio for a company application, eg in automotive.

T:

I believe that every blockchain makes sense in certain applications. I probably wouldn’t compare. That would be better done with IOTA developers. I like the amazing simplicity and speed of Neblio. I had trouble starting at IOTA and also didn’t have a C # library. That also led me to Neblio. When I tried to use it in several applications, I found that it provided everything I needed. So I stayed with him until I needed something else. I haven’t come across it yet after six months :)

Q:

Is there a plan to connect with another cryptocurrency? Did Dogecoin, etc., fall here, or is it just a theoretical comparison?

T:

Definitely, but now, due to the complexity of testing, I limit myself to Neblio and Dogecoin (mainly because of adoption, because people accept it. Functionally, it is a disaster: D).

Thank you for the questions. Because time is coming to an end, I don’t have time to answer everything. I hope that I still provided a basic view of Neblio and its use.

It is certainly possible to contact me directly by e-mail or by telegram or twitter

H:

Thanks a lot. Good job! Nyní And now, can you choose the 4 best questions whose authors will win $ 25 each? 🙏

End of AMA

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