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The Innovation of LikeLib 2.0 Redefines Public Chain Technology

Published

6 years ago

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LikeLib is a community-based open source blockchain project that uses blockchain technology and digital identities to digitize and informatize assets; use smart contracts to automatically manage assets and information to achieve a diversified network of “smart economy”.

The ecosystem joins the major communities around the world to participate, and is committed to linking all with an open mind, thus building a decentralized network that can expand and achieve multi-party collaboration and win-win in real business society.

LikeLib public chain team leader Mr. Thierry, operations director DIma, and technical general counsel Ms. Olga. All of them have very strong technology and business background.

LikeLib’s core members include Technical Director Mr. Renia, Mr. Yevgeny, Technical Director Daniel, Software Engineer Oleg, Sergey, Dennis, Business Analyst Mr. Andre, Ms. Tania and the community technology development team Ms. Julia Palamarchu, Maksim Hryhoryeu, Daniel Harapko, Anre Ku, Alexey Nekrasov, Alex, etc. have many years of experience in relevant positions in Dublin internationally, as well as abundant professional knowledge and skills.

Some ecological applications of LikeLib blockchain include:

1. The best solution (Biteacon)

Biteacon is a browser that interacts with the LikeLib ecosystem, which can help users explore other network-related information such as its blockchain and transaction volume.

2. The best smart contract (Supplike)

Supplike is a platform with built-in embedded supply chain builder based on LikeLib blockchain. With the built-in builder, you can easily design and deploy the supply chain, assign roles and use it easily, and create code-free solutions for the supply chain through mobile apps.

3. The best solution (LikeLib Analytics)

LikeLib Analytics is the LikeLib blockchain browser and analysis platform, indexing all blockchain data through the big data pipeline and disclosing data and indicators through API and WEB applications.

On this basis, the “blockchain + edge computing” IoT management system, the research of the electronic degree certificate management method of the alliance chain, relay cross-chain technology, channel state differential information vital signs detection algorithms, research on people counting methods based on WiFi perception, Internet of Things architecture for electrical fire monitoring of ancient buildings based on edge computing, and multi-field and interdisciplinary expert selection algorithms for multiple project ecology and algorithm system applications have been successfully developed in the LikeLib public chain main network.

LikeLib 2.0 provides a more secure and stable blockchain service, which covers data connections, hybrid storage, cross-chain technology and other core modules with independent intellectual property rights, which can quickly build solutions for typical application scenarios.

The newly-released 2.0 system will not only reduce transaction program fees, but will also cause block chain replication forks and increase transfer transactions. The average transaction value can be allocated between operational interruptions. Compared with the previous version 1.0, the transaction volume has steadily increased to 10,000 transactions per second, and the transaction speed is about 10,000 TPS.

In terms of supporting smart contracts, interchangeable consensus mechanisms and distributed storage networks, the blockchain consensus mechanism can be replaced according to different factors (such as transaction volume), and a distributed storage network based on IPFS can store a large amount of data outside the chain.

LikeLib2.0 fully uses database fragmentation technology. Only a small part of the input transactions need to be processed, and a large amount of verification work can be completed through other conventional parallel processing on the network.

LikeLib uses Bridges technology, which is a blockchain interoperability technology specifically used to make the LikeLib ecosystem cross-chain compatible with external blockchains (such as Ethereum).

LikeLib cross-chain bridge technology allows cross-chain assets and information exchange between the main network and each project ecosystem, like the axis connecting various islands. The LikeLib blockchain network realizes cross-chain through bridges, which greatly promotes the large-scale assets of ecological projects such as Bitcoin and Ethereum, and the real market liquidity of information. The advantages include multi-signature technology/ring signature technology/hash locking technology.

In addition, LikeLib2.0 also uses Lightning Network transactions and zero-configuration transaction channels.

The existing hosting solutions on the Lightning Network only manage their users’ funds on one or a few, and they will not use one channel with each user. Instead, keep an internal private ledger to record when the funds belong to the user.

Earlier we mentioned the ring signature technology in the LikeLib2.0 cross-chain bridge. The ring signature is named because a certain parameter implicit in its signature is composed according to certain rules. Many of the schemes proposed later do not require the structure of the signature to be a ring, as long as the formation of the signature satisfies the spontaneity, anonymity and group characteristics, it is also called a ring signature.

The security of the ring signature technology scheme is quite high, such as: unconditional anonymity, unforgeability, unconditional anonymity of the signer, and the signer can freely specify his own anonymity range, forming a beautiful ring logic structure, which can realize group signatures The main function of but does not require trusted third parties or group administrators.

Ring signature is a special group signature. There is no trusted center and no group establishment process. For the verifier, the signer is completely anonymous.

Theoretically, zero-knowledge proof can prove something to everyone else without exposing any proprietary, and the generated proof is small in size, the verification cost is very low, and it has nothing to do with the amount of calculation that needs to be proved.

LikeLib2.0 uses the generation algorithm (G) to generate public parameters for the proposition, the proof algorithm (P) to generate the proof of the satisfiability of R1CS, and the verification algorithm (V) to verify the proof and other technical methods and means to finally generate the proof. It can be proved that there is a secret value reset equation satisfied without revealing the secret.

LikeLib2.0’s “decentralized and distributed” technology means that all information is publicly recorded on the “public ledger”, and can only be entered and cannot be modified, so that the complete copy of the blockchain includes each executed action, so About the value belonging to each active address (account).

The overall situation has continued to iterate for thirty years, and only then has today’s prosperity been achieved, and only then has “Internet +”. If you still have confidence in the blockchain, perhaps you should give it more time. The LikeLib2.0 public chain system has already given the blockchain a gratifying answer in 2020.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Rhode Island Author Tony Jones Announces New Book Exploring Blockchain Technology

Published

11 hours ago

on

September 3, 2026

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RHODE ISLAND, United States, 3rd Sep 2026 – Rhode Island-based author and media professional Tony Jones has announced the release of a new book exploring blockchain technology and its potential applications in modern digital systems.

The book examines blockchain-based technology and discusses topics including transparency, security, accessibility, digital records, and public confidence. It provides readers with an overview of how blockchain systems work and explores considerations surrounding their use in large-scale technology applications.

As blockchain technology continues to develop across a range of industries, the publication offers readers an opportunity to learn more about the technology and its characteristics, including the ways information can be recorded, managed, and accessed through blockchain-based systems.

The book reflects Jones’s interests in communications, technology, psychology, and public engagement. His work explores subjects at the intersection of technological innovation and society.

The new book is available through Barnes & Noble.

About Tony Jones

Tony Jones is a Rhode Island-based author and media professional with interests spanning communications, technology, psychology, and public engagement. His work explores ideas at the intersection of innovation and society.

Publication Details

Author: Tony Jones
Subject: Blockchain technology
Availability: Barnes & Noble

Learn more about the book:
https://www.barnesandnoble.com/w/making-a-case-for-holding-political-elections-on-the-blockchain-tony-jones/1149089731

LinkedIn:
https://www.linkedin.com/in/tonyjonesinri/

Media Contact

Organization: Tony Jones

Contact Person: Tony Jones

Website: https://www.tonyjones.org/

Email: Send Email

State: RHODE ISLAND

Country:United States

Release id:48592

The post Rhode Island Author Tony Jones Announces New Book Exploring Blockchain Technology appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Tazapay Now Live on the Borderless.xyz Network For Seamless Money Movement to Asia Pacific and Latin America

Published

11 hours ago

on

September 3, 2026

By

New York, New York, September 3rd, 2026, FinanceWire

Tazapay is live on the Borderless.xyz, putting nine additional markets, local-rail payouts, and stablecoin settlement behind the single connection

Borderless, the global stablecoin orchestration and liquidity network, today announced that Tazapay is live on its network. Tazapay, headquartered in Singapore and licensed there as a Major Payment Institution by the Monetary Authority of Singapore, brings payouts and collections over domestic rails in markets including Singapore, India, Indonesia, the Philippines, Thailand, and Australia, along with Brazil, Mexico, and Colombia in Latin America.

Businesses paying into these markets have typically run a separate provider relationship per market, each with its own contract, compliance file, and settlement timing, with correspondent banking layering fees and delays underneath. Through the Borderless network, clients reach Tazapay’s coverage over the connection they already operate. Payouts arrive as local currency in the recipient’s own bank account as a domestic transfer rather than an international wire, and collections run in reverse through virtual accounts with local account details in domiciles including Singapore, Australia, the UK, and the UAE. 

With Tazapay live, Borderless clients can turn on nine additional markets without a sourcing cycle, a new integration, or additional negotiations. The Borderless network connects 19+ locally licensed providers across 113+ countries through a single API.

“The demand we’re seeing from enterprises and fintechs across Asia Pacific is unmistakable. Businesses there want to move money faster and at lower cost, and our clients want to reach them,” said Alex Garn, Chief Product Officer at Borderless. “This is exactly what we built Borderless to do: extend the network’s reach across Asia Pacific and its depth in Latin America, and hand it to every client through the connection they already run, with Tazapay’s local rails behind every corridor.”

“Expanding globally shouldn’t mean navigating a fragmented payments landscape market by market,” said Rahul Shinghal, CEO of Tazapay. “Through this partnership, Borderless clients get Tazapay’s infrastructure, including local collection and payout rails, virtual accounts, and modern settlement options, through a single API. We’ve spent years building that depth across APAC, and putting it within reach of more businesses is what makes entering a new market genuinely simpler.”

Tazapay corridors are available to Borderless clients today. Businesses can contact the Borderless team to enable them on their routing.

About Borderless

Borderless is a global stablecoin orchestration and liquidity network. Its single API connects wallet infrastructure to 19+ licensed stablecoin providers across 113+ countries and 72+ fiat currencies, giving businesses the speed of an aggregator with the economics of going direct. Borderless is SOC 2 Type II certified and headquartered in New York. Users can learn more at borderless.xyz.

About Tazapay

Tazapay is a cross-border payments platform headquartered in Singapore and licensed as a Major Payment Institution by the Monetary Authority of Singapore. It provides local collections and payouts, virtual accounts, and stablecoin settlement for businesses operating internationally. Users can learn more at tazapay.com.

Contact

Sarah Cohen
SJC PR
sarah@sjc-pr.com

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Press Release

DWF Labs Expands Global Regulatory Footprint with BVI Virtual Asset Service Provider Approval

Published

12 hours ago

on

September 3, 2026

By

Road Town, Tortola, British Virgin Islands, September 3rd, 2026, Chainwire

DWF Labs, an established, market-tested investor and market maker built to strengthen digital asset market infrastructure at scale, today announced an expansion of its global regulatory footprint with a group entity granted Virtual Asset Service Provider (VASP) regulatory approval from the British Virgin Islands Financial Services Commission (BVI FSC).

Granted under the BVI’s Virtual Assets Service Providers Act 2022, the approval authorizes DWF Labs as a registered VASP, to provide the exchange of one or more forms of virtual assets, as well as to participate in, and provide financial services related to an issuer’s offer and/or sale of a virtual asset.

The approval enables institutional clients access to DWF Labs’ integrated OTC trading and market making capabilities, including spot trading across thousands of digital assets and stablecoins, through a regulated BVI entity. It also strengthens the company’s ability to deliver investment, incubation and ecosystem development services to support token issuers and digital asset projects on a global scale. 

The BVI has established itself as a leading jurisdiction for decentralized ledger deployments and structured real-world asset (RWA) tokenization. The territory now represents nearly 10% of the global tokenization US treasuries market, with $1.5 billion in distributed value. BVI-domiciled entities also facilitate more than $1.2 billion in active, circulating stablecoins – figures underpinned by more than 24,700 stablecoin asset holders and weekly transfer volumes of $694.1 million. These figures (Source: rwa.xyz treasuries and stablecoins) reflect the strength of both the regulatory and market infrastructure DWF Labs is now positioned to operate within. 

Heng Lee, Managing Director and Partner at DWF Labs said, “The Virtual Asset Service Provider (VASP) approval from the British Virgin Islands Financial Services Commission (BVI FSC) is a key step in responsibly expanding and delivering DWF Labs’ regulated digital asset services to international institutional clients.” 

“As the digital asset market and industry continue to mature, and adoption increases, this addition to our regulatory framework will enable us to deliver a broader range of solutions, products, and services, while reinforcing our focus upon transparency and governance.”

DWF Labs will continue to expand its regulatory footprint across key global markets, supporting its international growth strategy and commitment to operating within robust regulatory frameworks.

About DWF Labs

Established in 2022, DWF Labs is an investor and market maker, focused on giving builders the capital, liquidity, expertise, and partnerships needed to take ideas from concept to scale. DWF Labs is among the world’s largest high-frequency digital asset trading organizations, active on more than 80 centralized and decentralized exchanges. The firm supports over 20% of CoinMarketCap’s Top 100 projects and 35% of its Top 1,000, and has worked with more than 1,000 blockchain companies across Layer 1 and Layer 2 networks, DeFi, gaming, AI, payments, infrastructure, and tokenization.

The firm’s work is organized across four business lines: Liquidity (institutional market making and liquidity provision), Investment and Incubation (strategic capital and token advisory for emerging projects), Ecosystem Development (go-to-market support), and OTC and Structured Markets (tailored trading solutions for institutions, funds, and protocol treasuries). DWF Labs also founded and incubated Falcon Finance, a synthetic dollar and universal collateralization protocol.

DWF Labs operates a globally distributed team on a 24/7/365 basis. 

For more information, visit www.dwf-labs.com, or follow DWF Labs on X, LinkedIn, and Telegram.

Contact

DWF Labs
press@dwf-labs.com

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