logion blockchain pitch deck

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

https://kdrive.techmedev.eu/app/share/123339/bae7bbd5-4161-4b13-9e3e-57643072223e

logion project, substrate and polkadot

logion is a project that aims to build a blockchain network (thanks to substrate technology and this development environment), a polkadot parachain, stable, clear, transparent, in which the nodes will be held by public and ministerial EU officers. This network will have first an operating cost advantage but will also offer very specific services:

  • an enhanced mode of proof for operations carried out using this network
  • an oracle’s service provided by certified professionals
  • legal services which will be complementary to the blockchain technology
  • trusted third party services

These services will be available for the entire ecosystem as a result of the interoperability potential offered by Polkadot.

In a nutshell, here’s how things are going.

Polkadot is a platform that allows distinct blockchains to transfer messages and exchange transactions, through a relay chain, turning them into a big multi-chain network. It provides networking and consensus layers that allow blockchain developers to focus on creating business logic with unique features and implementing it in a parachain.

The parachain (parallelized chain) is what allows private, public, and consortium blockchains to connect and scale.

Polkadot consists of many parachains with potentially different characteristics. Even non-blockchain systems or data structures could become part of the network. Even stand-alone blockchains as Bitcoin, Ethereum, and Tezos could be connected to Polkadot by developing an appropriate parachain.

logion will be a parachain, so an independent blockchain that provides own blocks. A parachain can have its own monetary system, its own logic, and its own interactions with third-party applications or separate blockchains. Parachains inherit security from the relay chain (Polkadot). They can also send messages and provide services to other parachains. Each parachain is connected to some validator for a certain period of time and is hosted with its own set of collators.

That’s how we’re going to build our blockchain network and services provider. We’ll start the first serious work this summer!

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