SMART CONTRACTS
Web3 contracts (also known as smart contracts) are crucial in today’s blockchain ecosystem. They enable users to interact online via the blockchain and the many dapps in the Web3 realm. Further, they set the conditions for decentralized transactions without needing a centralized third-party authority for verification.
Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. They typically are used to automate the execution of an agreement so all participants can immediately enjoy certain of the outcome, without any intermediary’s involvement or time loss.
Contact us to know more about how we help bring your business process or requirements into the smart contract execution.
FIAT WALLET
Fiat Payment in web3 payment will use a fiat wallet, which is a place where one can digitally store, send and receive a fiat currency. Very similar to an online bank account, a fiat wallet is simply an account which has a stored value of fiat currencies. Currently, most payment are still using traditional payment via banking system, such as SWIFT or domestic bank settlement.
Contact us to know more about how LYODS can leverage its expertise in compliance that can better facilitate the setup of your fiat payment in Web 3.0 business.
CRYPTO WALLET
Crypto Payment in web3 payment will use a crypto wallet. Crypto wallets often have a non-custodial characteristic, which means that as a wallet owner, one can store digital assets without the need for an intermediary or middleman. The wallet owner remain in complete control of all the stored assets and all the responsibility, so it is essential for owner to keep private key.
Contact us to know more about how LYODS can leverage its expertise in compliance that can better facilitate the setup of your crypto payment in Web 3.0 business
NFTs PROJECT
NFTs, non-fungible tokens, are tokens that live on a blockchain. Differ from cryptocurrency tokens, however, NFTs is unique to confer the “uniqueness” on digital assets that they are associated with. NFTs is a way to represent identity’s uniqueness with value that can be ready to be traded and transferred as an Ethereum-based asset.
In fact, NFTs with smart contracts on the Ethereum blockchain or equivalent empower not only creators but different industries to develop new revenue streams from their digital assets, or even can provide innovative customer experience with the key to metaverse.
Contact our digital transformation team to turn your ideas into executable solutions; and you will know how important from our expertise to strategically mitigate risk so as to connect your operation fundings seamlessly back to real world banking systems.
NGO Projects
Charity / NGO Project – Fundraising is fundamental to the operation of charity/NGO, with the Web3.0 trend, digital fundraising can also be aided through Blockchain. Charities can accept payments securely, transparently, and globally without the need to pay currency exchange fees. In additions to the benefits of reaching Web3.0 donors, blockchain technologies have the characteristics of immutable and traceable – all records are auditable while the source of funds from donor to beneficiary can be traced. This transparency can benefits NGOs for building trust with donors and create better stakeholders’ engagement and reporting.
Contact us to explore the practical solutions and benefits of Blockchain for Charity / NGOs.
IOTEX / IOTA Projects
IoTeX or IOTA combines secure blockchain tech with the Internet of Things (IoT). Track and use data from connected devices. IOTX token is the native token of the IoTeX platform. IOTA use IOTA token. The IOTeX /IOTA is used for payment of transactions as well as staking and participating in the on-chain governance of the platform. It is also used to manage networks, register a decentralised identity, and register new devices onto the blockchain.
Contact us to develop Blockchain tech IoT and integrate into your business, and learn from our engineers and expertise on how we leverage the technologies for transformation.
