At our next Meetup we will take a closer look at two different Blockchain Ecosystem projects which are aiming at powering the Decentralized Web (Web3) – ELASTOS and ARTIS.
ELASTOS – Smartweb Powered by Blockchain Technology
Semir Ramovic (Cyber Republic – https://www.cyberrepublic.org/)
Elastos is the safe and reliable internet of the future. Built utilizing the blockchain, this technological breakthrough provides the first completely safe environment on the web where decentralized applications are detached from the internet while also permitting full scalability to billions of users. Elastos enables the generation of wealth through ownership and exchange of your data and digital assets.
Elastos is not a blockchain project but rather a network operating system project powered by blockchain technology so in that sense, Elastos is not directly competing with any other blockchain projects. It can work together with them to form this new ecosystem where the decentralized applications run directly on the device instead of running on the blockchain along with decentralized peer to peer network to transfer assets in a completey closed sandboxed environment, thereby solving the three pillar issues that are prevelant in the internet of today – security, scalibility and decentralization.
ARTIS – Next Generation Plasmachain Network extending the Ethereum Ecosystem
Thomas Zeinzinger (lab10 collective – https://lab10.coop)
ARTIS is a public, permissioned blockchain network, where everyone can read and send transactions, while only some can produce blocks. It will use a combination of Proof of Stake (PoS) and Proof of Authority (PoA) consensus mechanisms operated by highly decentralized and independent validators. Building on the knowledge and strengths of Ethereum, ARTIS is moving towards implementing the Plasma design pattern to connect directly to the Ethereum blockchain.
The ARTIS network will be distributing funds to eligible DApp projects and humans with a sufficiently verified, unique identity. This helps in the creation of an ecosystem filled with real world applications of blockchain enabled technology and provides value far beyond speculation! ARTIS is keeping a special focus on providing a sustainable, scalable and secure blockchain environment with affordable transaction fees and significantly lowered entry barriers for users.
20:00 Q&A and Networking
Looking forward to meet you there!