FLETA is a blockchain platform that aims to offer infrastructure that can be applied to real-world business models. FLETA has its own core blockchain technologies like Level Tree Validation, Parallel Sharding, Independent multi-chain Structure, Block Redesign, and PoF(Proof-of-Formulation) which is its own consensus algorithm. With them, it aims to solve problems that existing platforms have such as slow speeds, scalability limitation, and excessive fees and provide a flexible development environment.
Why Faceter is the next big thing? In next 3 years over 1 billion cameras will be installed across the globe, producing petabytes of video recordings daily. Faceter is designed to perform big data video analysis in realtime – extracting faces, objects and events resulting in the transformation of these meaningless recordings into meaningful assets.