05. Framework

The BLOCKSTREET blockchain framework is operated, owned and controlled entirely by the governance community. The BLOCKSTREET journal service operates on a base of approved data submitted by blockchain news-related information and video providers. It rewards users for verifying and consuming this news data.

By adopting the Binance Smart Chain, BLOCKSTREET is able to provide its services with a number of technical advantages, including high transaction speeds and low fees, Ethereum compatibility, superior scalability, enhanced security and governance, interoperability, and community support. These benefits are expected to improve the performance of the service and enhance the user experience.

1. Decentralized Data

This refers to the collection of data from decision makers who can create and keep up to date the formal and informal rules and policies of the BLOCKSTREET Platform. Through community formation, online forums, service modification proposals and corresponding public opinion are surveyed and reflected in BLOCKSTREET BLOCK CHAIN data.

2. Allocation Service

Define the source of digital funds issued on the BLOCKSTREET Platform and establish fund operation policies. Also, create policy directions that can materialize allocation policies. In addition, you can evaluate the justification for the direction of use to establish a solution internally and give you the authority to control it.

3. Data Subject Management Service

The decentralized, flexible organizations of the BLOCKSTREET system provide a structure that allows commons-based communities to operate in a more decentralized manner, replacing the current centralized structures that currently exist. Rather than relying on traditional top-down decision-making, the BLOCKSTREET blockchain will operate by entrusting the collective intelligence of the community with the responsibility to monitor and evaluate its own performance.