AI blockchain platform makes smart contracts intelligent
The platform, called Lithosphere, is offered as the first blockchain to utilize Deep Neural Networks (DNN) in smart contracts. The launch of Lithosphere, says the company, is the first time that Deep Learning will be used in contracts through embedded DNNs in the code. Lithosphere is based on diverse tokens and will connect multiple types of value transfer methods under a single management structure.
Lithosphere will implement a novel Myriad Distribution Key Management (MDKM) to enhance security. Other innovations, says the company, include a new token standard (LEP100) and novel consensus algorithm (LinBFT).
The ultimate goal for Lithosphere, says the company, is for Lithsophere to connect all past and future blockchains, break down monopoly barriers, and create a network of blockchains that can communicate with each other in a decentralized manner. Lithosphere will be launching a variety of initial decentralized finance (DeFi) products that include the Lithosphere blockchain (PoS), Litho cross-chain native token, LithoSwap, a cross-chain DEX with NFT exchange support, LEP100 Token Launchpad – Litho Launchpad, and the Thanos Multi-Currency cross chain wallet.
Other offerings will include JOT NFT Platform, an NFT marketplace, NFT DEX, SDK to create and cost effectively distribute NFT anywhere. Products also encompass FLEEK, a decentralized community-powered gig platform on blockchain, along with LUSD, an algorithmic cross-chain Stablecoin.
Community-governed Lithosphere features a blockchain platform with interoperability, enabling individuals and businesses to work across other blockchain platforms as they choose. Blockchain technology has matured with little innovation over the past several years, says the company, and Lithosphere stands to be the core of next-generation blockchain platforms for any number of applications.
With Lithosphere, other blockchains retain power and authority over themselves, while providing networks with the ability to quickly process transactions. No one will be limited to a single blockchain network, which offers increased flexibility. Lithosphere enables anyone to conduct transactions on any network that supports Byzantine Fault-Tolerant (BFT) consensus mechanisms.
Litho is the native token of the Lithosphere blockchain and the private token sale for $LITHO is now open. For more, see the Lithosphere whitepaper.
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