Egretia is the world’s first HTML5 Blockchain engine and platform to create an environment of complete, open and friendly to developers programming Web, Games and Apps. Working in partnership with one of the world’s leading HTML5 developers, Egret Tech, Egretia intends to bring a secure, fair, secure and low-cost development ecosystem to the entire community. Developing HTML5 around the world. The vision of the platform is to bring 200,000 developers and 1 billion HTML5 Devices to the blockchain technology.
WHAT IS THE HTML5
HTML5 is a powerful evolution of HTML, short for Hyper Text Markup Language. The HTML5 Technology is globally recognized, and it covers mobile games, the internet, advertising, video, and other industries. The technology has eliminated some of the bottlenecks such as performance and traffic compatibility that were common in operation of games. The cross-platform nature of the technology allows it to be used in different industries creating entirely new business models. HTML5 with the first version was formed in 2008 but until 2011 officially launched with the most modern technology.
Technology
The combination of Egretia Lab and Egret Technologies creates one of the most promising Blockchain-systems, because it is related in its work to HTML5. I must say that Egretia Lab has already successfully implemented HTML5 and a number of advanced tools to improve performance.
First obvious plus – developers are provided with a powerful set of tools from the unique Egretia Lab. With it, you can apply a blockchain in your work to open a flow of assets between users. At the same time, Egretia Lab put together four key platforms. The first one was created for distributing links and efficient data storage, the second one for distribution of games. Then there is a platform for virtual trading, and, of course, the advertising platform Egretia. In general, all aspects of the system, whether players or even providers, will receive many advantages from working with such technologies, and, as a bonus, a blockchain for the formation of a promising ecosystem.
Ecosystem
According to the EGRETIA team, they plan to create the first engine based on blockchain technologies with a convenient and easy HTML5 platform, based on the capabilities of advanced Egret technologies. Developers will have a unique opportunity to create decentralized applications and games on the blockchain already using a proven way, as they say, you do not have to create a bicycle. In addition, the blockchain will work stably with communities, partner data and with only reliable tested tools. This will allow to annex to the world of blockchain about 200 thousand independent developers and at least a billion portable
HTML5 Industry Embraces Blockchain. Both Opportunities and Challenges Exist
While the HTML5 industry has been rapidly developing, we notice that there are still many obstacles regarding its business model, user size, and market size. For example, there is a lack of copyright protection mechanisms and fairness mechanisms to protect games and applications, and a lack of unified and secure trading platforms for virtual assets. The reason for this is because of problems such as the vulnerability of HTML5 game code to plagiarism, the lack of transparency in the probability drop rate in-game tools and the difficulty of circulating virtual assets between games. Blockchain technology is highly respected for its decentralization, security, transparency, non-destructibility, traceability and other characteristics and is naturally suitable for solving the pain points of the HTML5 industry.
However, a seemingly perfect answer still has many problems that reality must confront. The existing blockchain has disadvantages such as low performance and high technical barriers that hinder the integration of HTML5 industry and blockchain technology, and these are preventing HTML5 developers from creating applications that can widely distribute on the blockchain. Egretia Lab is a platform created for the era of blockchain + HTML5. It will solve the fundamental pain points of the HTML5 industry and bring practical, far-reaching significance to the development of the industry.
WHITE PAPER: http://egretia.io/static/Egretia_White_Paper_V1.0.pdf
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TWITTER: https://mobile.twitter.com/Egretia_io
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