o3n [ozone] blockchain layer

Blockchain source

Menu
  • Cybersecurity services
Menu

Lenovo Partners With Blockchain Platform to Develop Its IoT and AR/VR Hybrid Software

Posted on September 7, 2018 by nbelov

sponsored

Lenovo intends to incorporate a blockchain solution to streamline internal operations management procedures.

On Sept. 4, the Credits platform, which specializes in providing a range of services for launching DApps, announced in a Medium post that it joined Lenovo’s New Vision Technology project.

Together, the companies will work on developing an Internet of Things (IoT) and AR/VR hybrid software. The software is planned to be implemented in a variety of industries, such as fintech and logistics, reads the announcement. 

Lenovo New Vision Technology

As the official press release says, Credits “will utilize their blockchain expertise to help facilitate building software” for Lenovo’s New Vision Technology project.

The Lenovo project is focused in the field of artificial intelligence (AI)/augmented reality (AR) and is aimed at providing professional industry solutions for partners in terms of infrastructure, platform development, hardware support, system integration and service assurance.

“The Internet of Things and augmented reality are already changing the way we interact with the world. We are excited to partner with AR titan Lenovo New Vision. I see the combination of AI/AR and IoT revolutionizing the business environment,” Credits CEO & founder Igor Chugunov said in the press release.

Lenovo New Vision Technology intends to incorporate Credits’ blockchain solution to streamline internal operations and management procedures.

“Credits [has] been chosen by Lenovo New Vision Technology thanks to its distinctive technical solutions, such as [a] unique consensus algorithm which consists of dPoS (delegated-proof-of-stake) and BFT (Byzantine Fault Tolerance) features,” says the press release.

The blockchain platform that Credits has built is capable of performing up to one million transactions per second, it offers a processing speed of 0.01 seconds, combined with commission rates of as low as $0.001. The extended functionality of Credits’ smart contracts makes it possible to set cycles and create schedules.

A service in high demand

Credits is an autonomous blockchain platform based on the principles of a peer-to-peer network. The platform specializes in a variety of services that are needed for startups to release their DApps. 

The company’s website states that its “the fastest and most scalable blockchain platform for DApps.” Credits provides its partners with smart contracts, public register and ledger, proof-of-concept and MVP development. The company also provides its blockchain expertise on application development.

The company uses a decentralized system for direct interaction of its members. The system incorporates users of the network, providing them opportunities for creating and using financial services. Every member of the blockchain is able to offer and to use different services. Credits tokens (CS) are used for the operations, states the website.

Today, the list of the Credits’ partners counts over one hundred startups that have implemented the Credits platform to develop their DApp services based on the blockchain system.

 

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Source: Cointelegraph https://cointelegraph.com/

Recent Posts

  • 'Radical experiment': HBO spinout led by industry veteran uses blockchain for new combat game – GeekWire August 9, 2022
  • Ferrum Network Joins Bet Against Blockchain Maximalism: Looks to Secure Parachain with “We Bought DOT” In – Benzinga August 9, 2022
  • Blockchain and NFTs are changing the publishing industry August 9, 2022
  • Do Global Executives Understand Blockchain? – SDxCentral August 9, 2022
  • The Rising Use Of Cryptocurrency Is Expected To Drive The Blockchain In Banking And Financial Services Market – PR Newswire August 9, 2022
  • The Rising Use Of Cryptocurrency Is Expected To Drive The Blockchain In Banking And Financial Services Ma – Benzinga August 9, 2022
  • Bitcoin dominance hits 6-month lows as metric proclaims new 'alt season' August 9, 2022
  • 1inch plugs into Klaytn as Asia continues to climb aboard August 9, 2022
  • Pinterest for Web3: Project launches curation ecosystem on Avalanche August 9, 2022
  • How to bake your own DAO at home — With just 5 ingredients! August 9, 2022
  • What the fork? Ethereum's potential forked ETHW token is trading under $100 August 9, 2022
  • NULS Partners With Suisse Blockchain – Incubator With Its Own IDO Platform – GlobeNewswire August 9, 2022
  • US Government Bans Ethereum Mixer Tornado Cash , Platform Added to OFAC’s SDN List August 9, 2022
  • ZEX PR Wire recognised as “Best PR SAAS Platform in blockchain space” at IBW 2022 organised by BlockOn Capital – The Financial Express August 9, 2022
  • Offchain Labs launches Arbitrum Nova blockchain for gaming and social media – SiliconANGLE News August 9, 2022
  • Blockchain Analytics Platform Merkle Science Raises $19M to Take on Bridge Exploits – CoinDesk August 9, 2022
  • Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Result in Folks Losing Money’ August 9, 2022
  • Blockchain VC 'The Bitcoin Man' Goes Big Into Artificial Intelligence with Solidus AI Tech – The Week August 9, 2022
  • Top 5 Blockchain Startups To Watch in 2022 – InvestingCube August 9, 2022
  • MLSPA and Splinterlands create Genesis League Soccer blockchain game – SportsPro – SportsPro Media August 9, 2022
  • Persystic Token (PSYS): The Blockchain Network Is Shaping Up To Be The Solana (SOL) Of Social Media – The Coin Republic August 9, 2022
  • LykaCoin Enters the Market as "The Blockchain Network" – GlobeNewswire August 9, 2022
  • LykaCoin Enters the Market as "The Blockchain Network" – Benzinga August 9, 2022
  • Layers – The Bedrock of Blockchain – hackernoon.com August 9, 2022
  • F2Pool Co-founder Responds To Ethereum Blockchain Manipulation Allegations – Crypto Times August 9, 2022
  • ZEX PR Wire Recognised as "Best PR SAAS Platform in Blockchain Space" at IBW 2022 Organised by BlockOn Capital in Delhi – Devdiscourse August 9, 2022
  • Podcast: Blockchain for conservation? Maybe, but leave the crypto out – Mongabay.com August 9, 2022
  • Korean Blockchain Project Klaytn Commits $20M to Asian Universities for Blockchain Research – CoinDesk August 9, 2022
  • The Reserve Bank of Australia to explore use cases for CBDC August 9, 2022
  • SoFi Launches Web 3 ETF Focused on NFTs, Metaverse, Blockchain – The Wall Street Journal August 9, 2022

Ad

Ad

©2022 o3n [ozone] blockchain layer | WordPress Theme by Superbthemes.com