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May 10, 2023

Lattice Network as the Future of Blockchain

Lattice Labs develops layer one, scalable blockchain infrastructure

On 8 May 2023, Lattice Labs, a trailblazer in the world of blockchain technology, made waves with its development of a highly scalable and eco-friendly foundational blockchain infrastructure called Lattice Network. Layer one blockchains may be used to finalize transactions and use cryptocurrency to pay a transaction fee. The total value of digital assets in the world exceeds $1.1 trillion. In such a fertile economy, Lattice Labs guides conglomerates and brands to harness the scalable and sustainable potential of blockchain.

The Lattice Network is a Network-as-a-Service (NaaS) platform that can be scaled, secured, and integrated. Its compatibility with Ethereum and other major blockchain networks facilitates rapid transfers—over 7,000 transactions per second. Further, thanks to Lattice’s AI-generated proof of work consensus algorithm (AIDPOV), transaction fees are null.

A nature of decentralization, coupled with the use of multiple nodes operated by quantum computers, ensures trust and transparency, safeguarding data from imminent breaches. AIDPOV, Lattice Network's innovative consensus mechanism, processes transactions asynchronously, boosting speed and output while eliminating the need for resource-intensive mining. This leverages automation to create an eco-friendly solution with a zero-carbon footprint and zero gas fees.

Industries across the board stand to benefit from Lattice Network's unique infrastructure. From digital asset creation and institutional finance to tokenized content, supply chain management, smart healthcare, and even central bank solutions, the possibilities are endless.

Kriti Swarup
Kriti Swarup
Content Writer at TechNews180
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