Sequence (SEQ)

Sequence

$0.141881 USD (-0.85%)
BTC (-0.85%)
Market Cap
$6476555.0
USD
45647796.0 SEQ
Volume (24h)
$5817.47
USD
41002.459807867 SEQ
Circulating Supply
45647796.0
Sequence
Max Supply
NA        
Sequence

Sequence Overview

Sequence is a cloud-based service started by a blockchain startup called Chain. It offers ledger service to manage balances in financial and commerce applications like lending platforms, digital wallet apps, marketplaces, exchanges, and similar. It aims to eliminate the need to create a pre-arranged traditional system and offers the product via the cloud as Software as a Service(SaaS).

The benefit of the SEQ service is it will enable the customers to focus on other important aspects of their business without having to worry about the maintaining and managing the ledger infrastructure.

Why such a system is required

Several businesses are wary of the cloud as they fear security to their data especially their financial transactions and other mission-critical applications. Chain guarantees the security aspect as the transactions are encrypted and signed using the public and private keys.

The company started its operations with intentions to target financial institutions and banks but now finds that the services can be extended to almost all the sectors like cryptocurrency exchanges, mobile wallets, pre-paid phones, video and betting sites and several more. Technology has widened the scope and allows the startups to venture into every type of business all of which require some type of balance including prepaid phones, mobile wallets, digital exchanges, and similar.

The process of building a ledger

Building a ledger is not an easy task. Errors, data loss, corrupt infrastructure can all create huge losses. It can also have a wrong impact and cause a breach of trust. Sequence builds a ledger that is robust, secure and ensures high availability integrating it with other applications.

As a business grows, transactions increase requiring more efforts to maintain the ledger. There could times when the ledger may need reconstruction or some modifications. All these require lot of resources and effort which Sequence looks to eliminate. Balances are characterized by “token-like objects” termed as assets that can be embedded into more complex applications.

SEQ is an encoded and secured cloud service that enables its users to create, install, and operate highly scalable and flexible blockchain systems meeting and complying with all the security and privacy norms as required by the financial institutions.

As of today, the software is available free as a public developer preview. However, it is expected to have a formal launch in early 2018 when new functionalities will be added. The startup raised USD 30 million and could pull some of the top investor companies.

Hashgains Mining Plan

TOPAZ
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 175
0.5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
RUBY
$ 400
1 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
EMERALD
$ 2000
5 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
SAPPHIRE
$ 4000
10 GH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
 
Customized
$ 200
500 MH/s
Maintenance Fees per GH/s/day
$ 0.12935
Contract Duration
24 Months
TOPAZ
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
25 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
5 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
RUBY
$ 625
50 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
EMERALD
$ 1250
100 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
SAPPHIRE
$ 2500
200 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
 
Customized
$ 125
10 MH/s
Maintenance Fees per GH/s/day
$ 3.2435
Contract Duration
24 Months
TOPAZ
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
RUBY
$ 500
2.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
EMERALD
$ 1250
6.25 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
SAPPHIRE
$ 2500
12.50 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
 
Customized
$ 100
0.5 KH/s
Maintenance Fees per KH/s/day
$ 0.299
Contract Duration
24 Months
TOPAZ
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
RUBY
$ 245
50 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
EMERALD
$ 490
100 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
SAPPHIRE
$ 980
200 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
 
Customized
$ 49
10 H/s
Maintenance Fees per GH/s/day
$ 0.6435
Contract Duration
24 Months
TOPAZ
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
RUBY
$ 1750
5 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
EMERALD
$ 3500
10 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
SAPPHIRE
$ 5250
15 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
 
Customized
$ 350
1 TH/s
Maintenance Fees per GH/s/day
$ 0.00032435
Contract Duration
24 Months
TOPAZ
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
RUBY
$ 250
50 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
EMERALD
$ 500
100 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
SAPPHIRE
$ 1250
250 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months
 
Customized
$ 50
10 GH/s
Maintenance Fees per GH/s/day
$ 0.0049
Contract Duration
24 Months