FLETA’s Beta Testnet Launching Ceremony

11th of April 2019

FLETA at Deconomy 2019

4th-5th of April 2019

FLETA at START Hack 2019, Switzerland

3rd – 4th of March 2019

FLETA in Malta Blockchain Summit 2018

1st-3rd of November 2018

FirstChain,

the founder of FLETA,

all started from one question:

“What Platform could resolve

the issues facing current

blockchain platforms and

create a sustainable blockchain ecosystem?”

The first generation blockchain platform, Bitcoin resolved the double spending issue of cryptocurrencies.

Following Bitcoin was Ethereum, the second-generation blockchain platform, who realized the diversity of services in the blockchain platform via smart contract.

For blockchain platforms to take on sustainability and be operated in such a manner, developers should be able to develop DApps without any hassles, and users should be able to use it readily. It is with this in mind that FLETA came up with an optimal platform, meeting the needs of the platform participants, with our advanced technology.

TECH & BENEFIT
Independent Multi-Chain Structure
Less financial burden for both developers and users
Limitless number of DApps can be accommodated
PoF (Proof-of-Formulation)
Prompt creation and dissemination of blocks
Real-time confirmation through observer node, minimize unnecessary Fork
Block Redesign
Block size reduced by 43%
1.8 times faster transaction processing speed
Data storage optimally reduced
LEVEL Tree
90% reduced validation size, compared to Merkle Tree
High quality transaction validation with less data reception
5 times faster speed of transaction validation process
Parallel Sharding
Parallel action possible without double spending
Focused on TPS enhancement through increase in shard numbers and each shard’s TPS
Able to process 20,000 transactions per one second
  • Limitless

    Scalability
  • Independence

    of each DApp
  • Reasonable

    Execution Fee
  • Super-fast

    Data Processing
  • Sustainable & Optimal

    Data Storage Capacity
Project Roadmap
  • 2018

    Q3

  • 2018

    Q4

  • 2019

    Q1

  • 2019

    Q2

  • 2019

    Q3

  • 2019

    Q4

    1. Complete Development of PoC Code
    2. PoF (Proof-of-Formulation)
    3. Block Redesign
    1. Unveil Web Simulator
    2. PoF (Proof-of-Formulation)
    3. Block Redesign
    4. Complete Development of PoC Code
    5. Independent Multi-Chain Structure
    6. Smart Contract
    1. Open Testnet
    2. Complete Development of PoC Code
    3. Parallel Sharding
    1. Update Testnet
    2. Parallel Sharding
    3. Plan FLETA’s own DApp Project
    1. Open Mainnet & FLETA’s first DApp Project
    2. Open Developer Portal (Beta)
    1. Open Developer Portal
    2. Open FLETA’s own DApp (Beta)
Core Team
  • Paul Park

    CEO / Co-Founder

  • Henry Hong

    COO / Co-Founder

  • Sam Jeong

    CTO

  • Jason Kim

    Director / Co-Founder

  • Peter J

    Director / Co-Founder

  • Scott Park

    Certified Tax Accountant

  • Gerrard Kim

    Director

  • Bina Cho

    Director

  • Soo Kim

    Head of Branding

Advisors
  • Unenburen Ulziiburen

    Chairman & Co-founder of Bitmonex

  • Sven Moeller

    Head of Tokenization Services, Swisscom Blockchain

  • Mickey Kim

    Director of Asia Pacific Business, Google Hardware

  • Ishida Akihisa

    CEO of Eversystem

    Head of FLETA Japan

  • Daniel Eom

    CEO of Foresting

    Former Senior Director of 500v2

    Former Business Analyst of McKinsey

  • Du Hee Lee

    CEO of LIKE LION

    Acclaimed Programer

  • Yoon Kim

    Senior Advisor at Corent Technology

    Former CEO of Motorola Korea

  • Sam Soo Pyo

    Senior Advisor at Kim & Chang

    Former CEO of Oracle Korea

  • Dong-Yun Lee

    Advisor at Mirhenge

    Former Director of IBM Asia Pacific

  • Hae Won Choi

    President of Linn Consulting

    Former CEO of SAP Korea

  • Young Jin Son

    Former CEO of CISCO Korea

    Former CEO of Microsoft Korea

Partners
More About FLETA