Liquidity Network addresses blockchain’s scalability issues, a major obstacle to mass adoption of the technology. Liquidity Network’s technology enables free, instant transfers and the global exchange of digital assets at an enterprise scale.
Slow transaction speeds and fluctuating transaction costs are major problems within the blockchain ecosystem. Liquidity Network’s innovative technology builds on the foundations of peer-reviewed academic research to enable free, instant, worldwide transfer and exchange of digital assets, free from the oversight of any third parties. Moreover, it gives people complete ownership over their funds without the need for entrusted third parties.
The potential of existing blockchain like Bitcoin and Ethereum is enormous, but they have serious limitations in terms of the number of transactions per second they can process. Traditional payment solutions like PayPal and Visa process up to fifty thousand transactions per second, while at present, Ethereum can only manage approximately 15 transactions per second.
Liquidity Network’s unique off-chain technology solves this problem and makes instant, secure and free blockchain payments possible. By utilizing a network of payment hubs, Liquidity allows users to send cost-efficient blockchain payments.
Co-Founder & CEO Arthur Gervais describes the vision for Liquidity Network:
We are motivated by revolutionizing how society trades and interacts. We acknowledge the presence of technical means to catalyze societal evolution; however, the existing blockchains are not able to meet mainstream needs to process thousands of transactions per second. We developed Liquidity Network to solve this problem!
Unlike most projects in the blockchain space, Liquidity Network has kept to their product roadmap. In June 2018, Liquidity Network delivered the first operational off-chain wallet on the main Ethereum chain. It is available on both iOS and Android and allows free blockchain payments between users. Another core feature of Liquidity is its decentralized exchange, powered by its novel off-chain technology. When compared to existing centralized exchanges, a decentralized exchange does not hold the user’s assets, thus making it less prone to hacking attempts.
2019 is gearing up to be a groundbreaking year for Liquidity Network; they are on a mission to provide transfers and swaps of digital assets at an enterprise scale to a global audience. As part of the strategy, they plan to release a new mainnet hub, a passive accept feature, mobile app version 2 and Liquidity NOCUST client. More information about their tech roadmap for H1 2019 can be found here.
Liquidity’s payment solution can be applied to numerous use cases including online advertising, IoT, pay-per-view, gaming, merchandise, rental services, digital goods and all kind of digital payments. Specifically, Liquidity’s low-cost and instantaneous transactions can be useful for emerging markets, where unstable banking systems and inflation can erode the value of local currencies, becoming a problem for payments.
Co-founders Rami Khalil and Arthur Gervais observed the need to revolutionize the way people trade and interact. They understood the importance of individuals to regain power over their own funds. Liquidity Network was then born out of novel academic research. Based in the Swiss Crypto Valley, Liquidity Network is supported by leading VC firms such as FBG Capital, DHVC, zk Capital, ZMT Capital, YouBi Capital, Continue Capital, Thomas Capital, and others.
Press Contact Info: Patricia Bentley, Marketing and Business Development
Email: [email protected]
Phone: 0044 77 10528757
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