LNX and SWIPE’s partnership has taken another step. With the spread of blockchain awareness and education being one of the main focuses, we came together and organized a meetup at the Java Paragon Hotel in Surabaya, Indonesia. Joining us, we had the great presence of key players in both traditional and crypto industries, such as officers of the public tax service, scholars from top universities and top Indonesian crypto exchanges.
The meetup was a great opportunity to not only present both projects but also spread awareness and exchange key ideas about blockchain. We believe that with the goal of building a truly transparent and decentralized network comes the understanding and respect of each region’s needs and cultures. The LNX Protocol team believes that more meetups like this are necessary and we encourage everyone to participate and learn more about this industry that will soon disrupt the world.
We would like to thank all of the participants and our wonderful community for the support!
ABOUT LNX PROTOCOL
The LNX Protocol is the world’s first DAG infused blockchain distributed ledger that provides expandable scalability, instant confirmation, and security against double-spending and Sybil attacks. The MATRIX Chain remains open-sourced, permission-less, and distributed. Our breakthrough consensus algorithm, the Proof of Check and Balance (PoCB), breeds the self-sustaining and decentralized ecosystem through a counterbalance of power. The LNX platform offers a new paradigm that solves the current predicaments of the decentralized economy at stake.
SWIPE aims to create a network of apps that are able to work together to create valuable data as a collective, instead of relying on centralized intermediaries. As part of the network, all data collected will be aggregated, anonymized and encrypted. It will then be channeled into an analytics engine which packages it to be monetized directly to data buyers in a decentralized data marketplace. This process provides transparency to data buyers as they can trace the origins of the data, creates a fairer way for app developers to monetize data and empowers users by giving them full control and ownership of their data. SWIPE is invested by Kenetic, a blockchain firm that invested in huge blockchain projects like Zilliqa, ICON, and Bluzelle.
Stay tuned, and we thank you for all the support!