Locus Chain History

What does Locus Chain do?

Locus Chain (CRYPTO:LOCUS), a decentralized public blockchain platform, tackles performance and scalability issues while preserving decentralization's core value. It employs a novel consensus mechanism, Proof-of-Stake with Delegated Proof-of-Stake (PoS-DPoS), ensuring high transaction throughput and low fees. Operational projects within Locus Chain encompass its fully functional mainnet launched in 2022, a secure Locus Chain wallet for LOCUS token management, the Locus Chain Explorer for transaction and block tracking, and the Locus Chain SDK to build decentralized applications (DApps). Locus Chain aims to offer a high-performance, scalable, and secure platform for DApp development and interaction, potentially revolutionizing the DApp landscape. Despite being in development, it has already gained a significant following of users and developers, serving as the foundation for various innovative DApps.

Documentation

Company Snapshot

Employees

11-50

Market Cap

$42.72M

Head Office

Singapore

Year Founded

2018

What does Locus Chain specialise in?

/Payments /Platform /Scaling

What are the products and/or services of Locus Chain?

Overview of Locus Chain offerings

Supply Chain Data Marketplace: Locus Chain offers a data marketplace where businesses can buy and sell supply chain data. This data can be used to improve the efficiency, traceability, and sustainability of supply chains.

Supply Chain Efficiency: Locus Chain helps businesses to improve the efficiency of their supply chains by automating tasks and streamlining processes. This can lead to significant cost savings and improved customer service.

Supply Chain Security: Locus Chain helps businesses to improve the security of their supply chains by preventing counterfeiting and theft. The platform uses blockchain technology to create a tamper-proof record of all transactions.

Supply Chain Sustainability: Locus Chain helps businesses to improve the sustainability of their supply chains by reducing waste and emissions. The platform can also be used to track the carbon footprint of products.

Supply Chain Traceability: Locus Chain provides complete traceability of goods and materials throughout the supply chain. This allows businesses to track the origin and movement of their products, which is essential for food safety and other compliance requirements.

Supply Chain Visibility: Locus Chain provides real-time visibility into the movement of goods and materials throughout the supply chain. This allows businesses to track the status of their shipments and identify any potential delays or problems.

Locus Chain

What does Locus Chain do?