What is LemoChain?
The Founders of LemoChain (Lemo for short) are committed to developing a decentralized data circulation ecosystem, focused on facilitating the effective open exchange of structured business data. Built on blockchain technology, Lemo’s ‘Smart-Contract Value Transfer Protocol’ is able to achieve a P2P and B2B data exchange across a DApp platform – a decentralized application platform suitable for a range of industries (including education, social networking, gaming, recruitment, finance etc.). Lemo’s innovative technology, comprehensive ecosystem governance and inclusive nature will facilitate an allencompassing platform for widespread data pioneering.
From a technical viewpoint, Lemo possesses strong research and development capabilities. Through implementing an established technological framework, Lemo will be the first blockchain to run on a D-PoVP (Delegated Proof of Valued Participation) consensus mechanism. This innovative mechanism will be implemented in alignment with varying regulatory requirements across a broad spectrum of commercial applications.
Meanwhile, the adoption of secure multi-party computation, zero-knowledge proofs and homomorphic encryption will ensure secure and efficient data transfer; thus establishing the underlying trust foundations for data circulation on Lemo.
From an angle of ecosystem governance, The Lemo Foundation is designed to drive R&D growth, governance transparency and the overall development of the LemoChain ecosystem, so as to strive for universal security and cooperation between all stakeholders. The Foundation regularly evaluates all aspects of the open source community from several dimensions such as code management, team management, financial management and public relations. Thus, the sustainability of Lemo, the efficiency of the Foundation’s management and the security of crowdfunding can be ensured.