logion is a DAO blockchain network in which nodes are owned by EU Judicial Officers.
Extract from the White paper:
Today, either a company, a public institution or an individual willing to build alternative models on a blockchain infrastructure experiences a number of challenges. Current environments are not adapted for mainstream adoption.
Indeed, where to turn to in case of litigation over operations completed on blockchains today? Who is responsible for malicious behaviors, breaches or data manipulations? Blockchains and the question of liability remains a very delicate question over which users have little or no security.
In the same vein, how to ensure that this disintermediate network is effectively not in the hands of a few actors? With the main popular consensus mechanisms, the risk of nodes concentration is real. As a result, new models cannot be built on resilient infrastructure.
In addition, how to build viable models with fees that may be, or that are, subject to fluctuations with the network demand?
Also, how can you prove the authenticity of a data record in the blockchain today? You can show the stamping, but what about the probative value of this electronic record? How does it differ from another means of evidence?
Who can provide the link between operations or data from the outside of the blockchain to the inside of the blockchain? Computers? Programmed systems? How is their authenticity guaranteed?
Considering these challenges, how can we build new paradigms on environments that do not ensure the construction of stable and secure models?
Here is our answer.
By bridging the gap between the real world and its rules, and the virtual world and its efficiency.
With logion, we put humans at the heart of the solution. We built a hybrid blockchain network with European Judicial Officers playing the role of validators. As they are sworn in, they offer legal guarantees and ensure a high security level to users.
This blockchain infrastructure is the backbone of logion ecosystem. A collaborative tool opening the doors to alternative and decentralized models.
Forming an integral part of the environment, a decentralized storage system and independent multi-signature wallets are connected to the blockchain. One network, three layers managed by trusted partners: blockchain nodes, decentralized storage, secure wallets.
We are also convinced that a distributed network should be decentralized from the maintenance of its infrastructure to its governance. For this reason, all decisions affecting the network are taken by governance members being validators, investors and the core team.
With an on-chain governance structure, logion is therefore a fully decentralized ecosystem.
Here is the link to our pitch deck light