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Cryptocurrencies:  7,471Markets:  31,730Market Cap:  $379,634,976,62224h Vol:  $104,115,653,379BTC Dominance:  60.9%
Market Cap:  $379,634,976,62224h Vol:  $104,115,653,379BTC Dominance:  60.9%Cryptocurrencies:  7,471Markets:  31,730
Bluzelle

Bluzelle (BLZ)

$0.078983 USD (-0.90%)
0.00000634 BTC (-5.62%)
0.00020536 ETH (-4.89%)
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  • Market Cap
    $19,451,750 USD
    1,562 BTC
    50,576 ETH
  • Volume (24h)
    $1,890,969 USD
    151.85004696 BTC
    4,917 ETH
  • Circulating Supply
    246,277,944 BLZ
  • Total Supply
    500,000,000 BLZ

About Bluzelle

Bluzelle price today is $0.078983 USD with a 24-hour trading volume of $1,890,969 USD. Bluzelle is down 0.90% in the last 24 hours. The current CoinMarketCap ranking is #353, with a market cap of $19,451,750 USD. It has a circulating supply of 246,277,944 BLZ coins and the max. supply is not available. You can find the top exchanges to trade Bluzelle listed on our crypto exchanges page.

Bluzelle is a decentralized data layer for dapps to manage data in a secure, censorship-resistant, and highly scalable manner. Bluzelle is powered by Cosmos and its BFT technology Tendermint, making it compatible with various blockchains. As developers continue to build Dapps, relying on centralized databases by AWS, Microsoft and others is a centralized point of failure. True freedom requires the full stack to be decentralized, not just one part. That’s where Bluzelle aims to provide a critical piece in the advancement Defi, supply chains, gaming, and other Web 3.0 sectors.

Starting in March 2016, Bluzelle worked on blockchain applications for banks like HSBC, OCBC, MUFG, and insurance companies like AIA and MSIG. From those learnings, Bluzelle realized the need for a decentralized database as its enterprise projects were being stored on centralized systems. This caused major pains and in 2017 the team began architecting its solution.

Bluzelle is able to provide this solution by acting like the AirBnB of databases. Spare computer storage is sourced from the public, who in turn act as validators for the network, confirming the data is owned and modified by the rightful owner. For this, the storage provider earns a share of the revenue. For customers, Bluzelle can reportedly offer storage at an estimated half the cost of the others.

BluzelleNet powers the entire ecosystem as a 10,000 TPS Proof-of-Stake network. Becoming a validator was designed to be an easy process with minimal technical knowledge. The vision is to have a network of tens of thousands of nodes working together to provide the most available and secure database in the world. Bluzelle wants every device to become a node, from computer hard drives to video game consoles to mobile phones. For those that do not want to become a validator, they are able to delegate their tasks to another validator, ensuring everyone can be part of the network and generate fees.

Members of the Bluzelle team have worked for Disney, Sony, Google, Lufthansa, Electronic Arts. They are recipients of the Technology Pioneer award by the World Economic Forum and named by Forrester as a top blockchain vendor in Asia. Its team is based in two locations, Singapore and Vancouver (Canada). Bluzelle is backed by industry funds like NGC, Hashed, KR1, and Kenetic.

Bluzelle Price

Bluzelle Price$0.078983 USD
Bluzelle ROI
-81.27%
Market Rank#353
Market Cap$19,451,750 USD
24 Hour Volume$1,890,969 USD
Circulating Supply246,277,944 BLZ
Total Supply500,000,000 BLZ
Max SupplyNo Data
All Time High
$0.913922 USD
(Feb 07, 2018)
All Time Low
$0.006067 USD
(Mar 13, 2020)
52 Week High / Low
$0.205335 USD /
$0.006067 USD
90 Day High / Low
$0.205335 USD /
$0.075655 USD
30 Day High / Low
$0.130469 USD /
$0.075655 USD
7 Day High / Low
$0.102668 USD /
$0.075655 USD
24 Hour High / Low
$0.081002 USD /
$0.075655 USD
Yesterday's High / Low
$0.082834 USD /
$0.075655 USD
Yesterday's Open / Close
$0.082834 USD /
$0.076596 USD
Yesterday's Change$-0.006238 USD (-7.53%)
Yesterday's Volume$2,781,316 USD
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