INDIAN FIRST UNIQUE BLOCKCHAIN PROJECT.

Blockchain is a shared , immutable ledger for recording the history of transactions. It fosters a new generation of transactional applications that establish trust , accountability and transparency-from contracts to deeds to payments. Today I will introduce you to a mind blowing project in India.

Eleven01 is one of the fastest and highly scalable blockchain protocols that has been developed with the aim of bringing widespread blockchain technology to life. Eleven01 protocol provides platform developers to create blockchain based applications in the blockchain ledger.

UNIQUENESS OF ELEVEN-01

Eleven01 protocol also focuses on developing advanced blockchain technology to address security and scalability issues . With the Eleven01 protocol, INDIA will have its first ever platform which will allow blockchain developers to create, publish, and extend the core blockchain services to the 2nd largest internet population of the world. As a natural extension, developers from other emerging market will have a blockchain protocol tailor made for their country’s needs and requirements. The developers claim their solution can be adopted by any industry. The users will be able to select a transaction engine to meet their needs. Eleven01 will be able to choose from various algorithms, Proof-of-Stake, Proof-of-Work, BFT-based algorithms, etc. Initially, the solution will adopt ERC20 Eleven01 tokens. These tokens will later be converted into native Eleven01 tokens. The solution will also allow to create asset tokens. Eleven01 will employ oracles to ensure that off-chain systems can be used to verify the token authenticity

The Eleven01 Foundation is a multi-organization conglomerate which collectively works towards bolstering India’s Blockchain prowess. Eleven01’s blockchain protocol, built in collaboration with Tech Mahindra, is India’s first blockchain protocol, and has the unique distinction of taking in government compliance under consideration. The foundation will also launch several initiatives which will create a world class support ecosystem for blockchain startups in the country.

Roadmap 

For info kindly access the links below

TELEGRAM:https://t.me/Eleven01Protocol

FACEBOOK:https://www.facebook.com/eleven01.io/

TWITTER:https://twitter.com/ELEVEN01dotIO

Whitepaper: https://docsend.com/view/aepwxcv

WEBSITE:https://www.eleven01.io

5 Pager : https://docsend.com/view/2dam948

Author: Dulo Wegner

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