The Internet industry has experienced Web1.0 and Web2.0 era during the past several decades, and is now rapidly moving into the Web 3.0 era with blockchain, cloud computing, artificial intelligence, and big data as the core, which are driving the change of business form, organizational form and governance relationship. With the development of 5G technology and the coming of connectivity era, many industries including finance, supply chain, games, storage, traceability and content are accelerating the Block-chain Economic Reform (hereinafter referred to as the “Chain Reform”, and a new round of technological revolution and industrial transformation have swept the world. However, there are still many problems to be solved in the course of Web3.0 and the evolution of block-networks:
• The lack of centralization, inadequate sharing, transaction congestion, and expensive transaction costs.
• The lack of interoperability and poor communication between different chains. Value communication between different projects is inadequate, and the island problem still exists.
• Existing cross-chain technology mainly focuses on asset transfer, lacking a well-defined cross-chain infrastructure, which will do harm to heterogeneous architecture integration.
• The “Chain Reform” is difficult to conduct with complex deployment. The existing blockchain architecture cannot meet the needs of diverse and complex application scenarios in the future 5G era.
In order to solve these problems, the Ladder Network comes into being. Ladder Network is committed to becoming a cornerstone and a world leader of connectivity in the blockchain industry of the Web 3.0 era. We ensure the validity of transaction verification by introducing the witness mechanism of threshold signature. We pioneered the cross-chain investment model, promoted the smooth flow of cross-chain assets, and introduced the predictor to open up the barriers between the chain and the real world. Ladder Network has built a distributed, decentralized, safest and largest POS cross-chain network with up to thousands of verification nodes and candidate verification nodes of more than 10,000, which are our key advantages to develop major projects, such as data sharing, security and privacy protection, decentralized exchanges and Web 3.0 e-commerce.
Through strategic cooperation with ABMatrix, it is expected to directly attract tens of millions of IoT user traffic in the next three years.Ladder Network can be used as the first-layer protocol of blockchain industry, interfacing with thousands of second-tier blockchain protocols and building a value network covering multiple areas of enterprise collaboration through cross-chain technology. Ladder Network focuses on the markets of “Million Enterprises’ Chain Reform” and “Million-Chain Interoperability”. The BAAS blockchain service platform, after being established, will support the Initial Coin Offering(ICO) in fields of finance, supply chain, games and decentralized storage, help to realize “Chain Reform” and meet the needs of high-throughput, low-latency, high-concurrency, low-power application scenarios in the 5G era so as to reshape the credit cornerstone and business form of the industryLadderNetwork-Whitepaper-en