Prismo Technology Roadmap
Last updated
Last updated
Phase 1: Establishing the Foundation with the Department of Budget and Management
The journey of Prismo begins with a critical foundational step: deploying the Minimum Viable Product (MVP) framework in collaboration with the Philippine Department of Budget and Management (DBM). This initial implementation, known as the Prismo Public Protocol MVP, focuses on enhancing document security and operational transparency within government processes. By leveraging blockchain technology, the Prismo Accountability Layer ensures data integrity and traceability, addressing the long-standing challenges of inefficiency and opacity in governmental workflows.
Objective: This phase serves as a real-world demonstration of blockchain’s transformative potential in government systems. By showcasing its ability to streamline and secure sensitive operations, Prismo establishes credibility, paving the way for future adoption by enterprises and governments globally.
Phase 2: Empowering the Ecosystem with the Token Launch
Building on the foundation, Phase 2 focuses on launching the $PRSM token in collaboration with the Quadratic Acceleration (Q/ACC) program. Scheduled for Q4 2024, this Token Generation Event (TGE) introduces innovative funding mechanisms such as Quadratic Funding (QF) and Augmented Bonding Curves (ABC). These tools incentivize early adopters and foster community-driven growth while providing essential liquidity for ecosystem expansion.
Core Objective: The $PRSM token launch secures the financial groundwork for scaling the Prismo ecosystem. By engaging early backers and incentivizing participation, this phase ensures the alignment of stakeholders with the long-term vision of global adoption.
Phase 3: Public Testnet Launch and Ecosystem Expansion
With a solid foundation and financial infrastructure in place, Phase 3 marks the technical rollout of the Prismo Layer 2 testnet. Built on Polygon’s zkEVM technology, the testnet introduces scalable and secure blockchain infrastructure tailored to the needs of enterprises and governments. This phase emphasizes community engagement through rewards and grants, encouraging active participation and feedback from users to refine the network further.
Objective: The testnet serves as a proving ground for Prismo’s capabilities, ensuring the system is robust and efficient for mainnet deployment. It also provides a platform to highlight the scalability and enterprise-readiness of the Prismo ecosystem, attracting interest from global stakeholders.
Phase 4: Mainnet Launch with Advanced Features
Phase 4 heralds the deployment of the Prismo Layer 2 mainnet, a milestone that integrates key features such as secure transactions, scalability, and governance tools. With the mainnet live, Prismo intensifies efforts to onboard global enterprises and government institutions, focusing on critical sectors such as supply chain, finance, and public services.
Objective: The mainnet launch is a transformative step toward large-scale adoption, showcasing blockchain’s tangible benefits for enterprise-grade solutions. By demonstrating the value of blockchain in real-world scenarios, Prismo aims to cement its position as a leading technology partner for governments and enterprises worldwide.
Phase 5: Integration of Cutting-Edge Technologies and Global Adoption
The final phase of the roadmap underscores Prismo’s commitment to innovation and global expansion. Advanced features, including Homomorphic Encryption for enhanced data privacy and Vector Database technology for superior data retrieval and scalability, are integrated into the ecosystem. Additionally, Prismo begins exploring consumer-focused applications, diversifying use cases to drive mass adoption.
Objective: Phase 5 positions Prismo as the premier blockchain solution for enterprises, governments, and consumers alike. By delivering a robust, scalable, and sustainable ecosystem, Prismo ensures its technology remains at the forefront of global blockchain innovation.
Conclusion
Prismo’s roadmap outlines a strategic journey from foundational implementation to global adoption. By focusing on scalability, security, and innovation, Prismo aims to bridge the gap between blockchain technology and real-world applications. Each phase is meticulously designed to build trust, drive engagement, and deliver value, positioning Prismo as a cornerstone in the future of enterprise and governmental technology.The Prismo Technology roadmap is designed towards establishing a decentralized, secure, and scalable blockchain ecosystem. This period is segmented into five distinct phases, each designed to progressively build and expand the Prismo Technology ecosystem, culminating in widespread adoption by enterprises and governments. The roadmap encapsulates the development of the Prismo testnet, the launch of Prismo Nodes, community engagement initiatives, a token generation event (TGE), and efforts to onboard key stakeholders. Throughout these phases, Prismo Technology is committed to fostering a secure, efficient, and user-centric blockchain ecosystem. By strategically navigating through these developmental milestones, Prismo Technology aspires to revolutionize how transactions and digital interactions are conducted, paving the way for a more transparent, decentralized, and inclusive digital future.