As blockchain lays the foundation for a decentralized infrastructure, Bluzelle team thinks that the future or centralized technology may not be bright. This is the reason Bluzelle was developed as a decentralized database to set a new standard for data storage and management. Its distributed network will offer developers as well as consumers space to store data for their applications.
Bluzelle works by connecting consumers wishing to rent out database space to providers with additional computing resources to offer this storage. Providers earn BLZ and BNT (the two tokens on Bluzelle’s network) in compensation for providing this storage.
BLZ, is the ethereum-based ERC-20 token that was traded during the initial coin offering. BLZ will ultimately be used to purchase the second, BTN, which was created only for use on the Bluzelle platform.