Open-source Blockchain Application Platform, Lisk Develops an Ecosystem of Interoperable Applications by Benzinga
Blockchain open-source application platform, Lisk develops an ecosystem of interoperable applications
Lisk is a blockchain application platform that envisions a world where blockchain technology is accessible to everyone.
This, combined with the Lisk grant program and tireless commitment to improving the Lisk platform, is what the platform says is helping to shape a vibrant and diverse ecosystem. Although some of its features and functions are still in development, the emerging ecosystem could give users a taste of what the future might look like as blockchain technology becomes more scalable, interoperable, and accessible.
Exploring innovative projects being developed in the Lisk ecosystem The Lisk team describes the Lisk platform as “an ecosystem where developers and entrepreneurs can connect to create their own projects with the tools we’ve built” . To attract more of these developers and entrepreneurs to this ecosystem, Lisk is offering grants to support developers who want to build apps using Lisk’s open source app building platform.
This has helped blockchain developers to work on innovative projects such as virtual reality (VR) games, educational platforms, and social media platforms.
Topas City, for example, will be an immersive virtual world where users can explore a dystopian city and earn tokens by playing arcade games and trading in the marketplace. When they’re not earning money, they can spend time socializing with other Topas residents at 99 Bar or hanging out in their virtual apartment – or inside gated communities, luxury apartments and from a private bar if they are lucky enough to catch one of the rare Elite cards.
Enevti will become a non-fungible tokenized (NFT) social media platform that will move NFTs beyond art and collectibles, giving influencers new ways to engage with their audience. Specifically, the platform will offer influencers a way to turn NFTs into smart utility assets that can be distributed to fans who can redeem them for things like one-on-one video calls, admission to events exclusive and physical gifts.
Meanwhile, Kalipo is a Decentralized Autonomous Organization (DAO) platform that will provide the tools for groups to collaborate online in a more democratic and transparent way. These tools include online voting mechanisms that facilitate shared decision-making and online fund management tools that bring transparency in the collection and use of funds for the organization. These tools can be used by groups of all sizes and for all purposes, from start-ups and nonprofits to neighborhood organizations or parent-teacher committees.
Next steps to expand and improve the Lisk ecosystem? As the research team continues to develop the platform and network, they report that they are nearing the finish line to achieve interoperability within the Lisk ecosystem, which means applications built on the platform will be able to communicate and transact with each other in the near future.
After releasing the core and supporting enhancement protocols that would make this interoperability possible, the team is in the final stages of improving the interoperability solution and officially launching the Lisk blockchain application platform. .
When this happens, users will be able to easily navigate between different apps in the ecosystem and quickly and efficiently transfer NFT and Lisk (CRYPTO:LSK) tokens.
Once the Lisk ecosystem is fully interoperable, the team aims to build cross-chain bridges that would make it interoperable with other blockchain networks, like (CRYPTO:ETH) or Cosmos (CRYPTO:ATOM) & (CRYPTO: DOT) expanding the same kind of connectivity inside the Lisk ecosystem on any blockchain network.
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