An overview on LaxmiCoin

Laxmicoin: a ‘Made in India’ blockchain for billions

It is a distributed platform for implementing the most advanced blockchain and enabling a number of use cases such as banking, land registry, voting platform and healthcare. health, to name a few. It also plans to create its own network layer to support services like VPN and DNS.

In 2012, accomplished tech expert Mitthan Meena launched Laxmicoin as a decentralized global platform for consumers, as the Laxmicoin team says. blockchain projects like Ripple, Stellar, and EoS.

India-made 2021 Jeep Wrangler set to launch on March 15

If he had obtained clearances in time, this could have been one of the best blockchain projects. He envisioned this in 2012, when most people weren’t even aware of blockchain. As said “better late than never”, even though this team got it started now, we are considering the Laxmicoin “Rover Network” blockchain as one of the top 5 blockchain projects in the world. While most blockchains struggled for scalability, the primary focus of the Laxmicoin team was scalability and the highest TPS (Transactions Per Second) for mass adoption.

This team had clearly written most of the use cases and architecture on www.laxmicoin.com and www.rover.network. Some of the use cases written and explained by the team are

Cadastre is one of the critical concerns for most people and if it is on the blockchain it cannot be manipulated and will not have double ledger or encroachment issues like the movie “Khosla ka Ghosla”.

https://www.youtube.com/watch?v=Eqyor5ibn5A&feature=emb_logo (to integrate)

A blockchain voting platform: Whenever the vote count or the voting machines are to blame, imagine that all the voting records are on the blockchain, even if someone removes the voting machines, they will not be able to manipulate them, and the elections can go away. proceed in a much more fair and transparent manner.

Banks on the blockchain (BoB): Suppose all banking is on a blockchain, Vijay Malia, Nirav Modi, Lalit Modi and Mehul Choksi will not be able to cheat banks because loan officers cannot approve loan more than assets and if they do default, assets start moving to banks automatically without the involvement of third parties. We are simply amazed by this use case.

https://www.youtube.com/watch?v=pd_C9mKDOMg&feature=emb_logo

Delivery: India receives the biggest remittance, everyone pays 2-5% transaction fee and it takes a few days to receive the money, if this is done on the blockchain it can be done with a fraction of percent and within seconds on a grand scale, that’s the vision set by the Laxmicoin team.

Mobile network:A decentralized platform for consumers around the world. Rover Network has the potential to disrupt the business landscape by facilitating the reduction of litigation and fraud to secure delivery and payment, enable transparency in the movement of business assets, and facilitate the flow of trade receivables.

Rover Network will provide solutions to uniquely identify each transfer in a transaction, provide authority and verification. With Rover Network, institutions can follow the flow of funds with greater certainty, providing transparency, speed and verifiable reports. It works on a decentralized network system, which makes it public, easily traceable and, therefore, no manipulation can take place.

Rover Blockchain Laxmicoin Network

Laxmi Coin’s journey

2012: Began the journey of the Laxmicoin project

2017: Relaunch the project

2018 Q2: Launch of Laxmicoin, the first Indian cryptocurrency

Q3 2018: Main net and P2p transactions

Main net is an independent blockchain managing its own network with its own technology and its own protocol.

Bitcoin uses peer-to-peer technology to operate without a central authority or a bank; the management of transactions and the issuance of bitcoins are carried out collectively by the network.

Q1 2019: Launch of Rover Network Alpha

Laxmicoin and the “Rover Network” – A decentralized platform for consumers around the world. It is committed to building the most advanced blockchain, facilitating a number of use cases across different areas such as banking, land registry, voting platform, and healthcare, to name a few. only a few.

2019 Q3: Rover Storage

Rover decentralized storage will bring together the best features of decentralized technology, with attributes that meet the practical requirements of storing large volumes of data. Rover decentralized storage works by distributing data over a network of nodes, in a manner similar to the distributed ledger technology characteristic of blockchain.

Rover Q1 2020 Based App: (The Blockchain Voting Platform)

Whenever the vote count or the voting machines are to blame, imagine that all the voting records are on the blockchain, even if someone removes the voting machines, they will not be able to manipulate them, and the elections can go away. proceed in a much more fair and transparent manner.

Expectations by 2025: More mobile-based applications such as banking, land registry and healthcare

Laxmicoin® Rover Network is a blockchain platform powered by billions of devices. Launched in 2012, and Now is on a mission to create the most powerful infrastructure for decentralized applications.

• Have a large team with qualified developers
• The Laxmicoin team was working with top universities in India to research a new consensus protocol to achieve over 10,000 TPS