Locus Chain (LOCUS)

Locus Chain is a new blockchain technology platform focused on digital security, data privacy, and high-speed transactions. It was created by a South Korean startup called Locus Chain Foundation (LCF) and has been live since February 2018. LCF was founded by CEO Park Jae-eun, and its mission is to create a secure and reliable blockchain technology that enables users to easily and quickly transact with each other while maintaining data privacy. At its core, Locus Chain is a hybrid blockchain system that utilizes both public and private blockchains. The public blockchain acts as a public ledger which records the data of each transaction, while the private blockchain provides a more secure and confidential way of transacting with each other. To further enhance the security of the platform, the Locus Chain platform employs a consensus algorithm called Pact-2.0, which provides a secure form of public consensus while preventing double-spending and 51% attacks. In addition to its ultra-secure blockchain technology, Locus Chain’s primary means of revenue is its utility token called LOCUS. LOCUS is an ERC20 token built on top of Ethereum and enables the users to take advantage of the features of the Locus Chain platform, such as making payments, creating transactions, and holding digital assets. It also helps to incentivize the platform’s miners and users. The primary use of Locus Chain is to provide a secure platform for peer-to-peer transactions. It can be used to store and transfer digital assets, as well as for data security. Additionally, it is being used as a platform to create new blockchain-based applications, such as decentralized exchanges, escrow services, and identity management. You can purchase Locus Chain’s LOCUS tokens on various popular cryptocurrency exchanges, such as Binance, Huobi Global, OKEx, and BitMEX. All of these exchanges offer various trading pairs with LOCUS, such as USDT, ETH, and BTC. Through these exchanges, you can also exchange LOCUS tokens for other cryptocurrencies. In conclusion, Locus Chain is an innovative blockchain technology platform that offers a secure and reliable way of performing secure transactions while maintaining data privacy. It leverages a hybrid blockchain system, which provides users with the benefits of both public and private blockchains. It also has its own utility token called LOCUS, which can be used to access the features of the Locus Chain platform and to incentivize miners and users. Ultimately, with its high level of security and privacy, Locus Chain is a promising blockchain platform that could revolutionize the digital asset and data security space.