LITHOSPHERE : A Next-Generation Blockchain Interoperability Platform Powered By AI And Deep Learning

in #blockchain4 years ago (edited)

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Decentralized Finance is a blockchain based form of finance that utilizes smart contracts on blockchain, of which the most common is Ethereum, to provide convectional financial tools rather than relying on centralized financial third parties or intermediaries like exchanges, banks or brokerages. People can use DeFi based ecosystems to lend or borrow money from across the world, trade crypto assets, earn interest and insure against fraud.
Decentralized Finance has caused modern society to change dramatically, bringing about decentralization to internet of values. In simple terms, Internet of Values refers to the online space wherein people can swiftly transfer value between parties without negotiating with middle man and eliminates third party costly charges.
The internet of value is supported by blockchain which is the renowned technology that underpins digital currencies. Moreover, internet of value exist to primarily connect different values to blockchains, enabling smart contracts to have control over them. However, performance of internet of value can only progress and bring more significant influence on modern lives when constraints associated with interoperability, scalability and usability is properly addressed.
Kaj's Lab Lithosphere is well designed to provide solutions to tackle the internet of value existing problems.

LITHOSPHERE is created to be acknowledged as the world's first mature blockchain interoperable platform driven by Artificial Intelligence (AI) in collaboration with Deep Neural Networks to establish innovative smart contracts for different blockchains as well capable to link all types of values regardless of their origin (from centralized or decentralized organizations).
This innovation is designed by a skilled team to be an ideal cross chain hub for non fungible tokens and decentralized finances, empowering different networks to effortlessly connect with each other.
Security remains an utmost factor considered across Lithosphere. Privacy protection is assured for users in relation to storing digital assets and cross chain transactions. Myriad distributed Key Management is implemented in Lithosphere to allow easier control and management of accounts and assets on blockchains in a distributed manner.

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Furthermore, Lithosphere ecosystem leverages LinBFT (Linear communication BFT consensus) which functions as an open and permissionless blockchain system that allows interoperability with blockchains like PoW blockchain, Binance, Cosmos and so on.
Interestingly, there is LEP100 token standard in Lithosphere, which enables tokens to function properly.Also, it operates as supportive launchpad for various DeFi innovations, as such developers are welcome to use LEP100 tokens to represent various assets like stocks, fiat money and cryptocurrencies.
Building of Dapps and other blockchain based digital assets is possible on Lithosphere network. Even, Fast transactions, nominal fees and cross chain trade are vital characteristics of Lithosphere network.

Litho coin is the trademark currency for Lithosphere network, wherein users can use this currency for various purposes like security deposits, transactions and store of values.

In conclusion, Lithosphere is progressing because of the impressive efforts of the team, other products like Lithosphere Dex, Thanos wallet and so on, is made available to contribute positively to growth of Lithosphere as well bring more engagement to the ecosystem.

You can get more information by using the official links below ;

WEBSITE: https://lithosphere.network/
TWITTER: https://twitter.com/SuperLitho
LINKEDIN: https://www.linkedin.com/company/kaj-labs/
TELEGRAM GROUP: https://t.me/lithochat
WHITEPAPER: https://lithosphere.network/papers/
REDDIT: https://www.reddit.com/r/lithospheric/

Writer Details,

BTT Username : Johnson Knight

BTT Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary

Wallet Address : 0x6830258326195b820D60f100354dadDe57c0bBAf

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Nice review, I think this project has the right features which the blockchain community needs.
Good work and more great vibes to you.

Thanks alot!!!