Elastos
About Elastos
Elastos aims to create a new kind of Internet, powered by blockchain technology. On this new Internet, people will be able to own digital assets and generate wealth from them. Today, there is a seemingly infinite supply of digital books, movies, music and games. But people do not necessarily own their digital property. You can purchase a digital book, for example, but you can’t sell it to anyone else. So, do you really own it? Elastos wants to make digital assets scarce, identifiable and tradable. Property rights pave the way for wealth creation, and Elastos intends to build a new World Wide Web that respects those rights.
The goal is to create an Internet that allows users to access articles, movies and games directly, without going through a media player or another platform intermediary. Elastos will use blockchain technology to issue IDs for digital content, making it possible to know who owns which digital assets. On the Elastos Internet, filmmakers will know how many times their movies were viewed. The combination of Elastos and blockchain technology lays the foundation for a trustworthy and secure Internet of Wealth.
Elastos will be a platform for decentralized applications (Dapps) that runs on a peer-to-peer network with no centralized control. People can access these Dapps via their mobile phones, without changing their operating system. The old Internet is a Web of information. If you click a URL, you get data. Elastos is creating a Web of apps. When you click a URL, you get code. The Elastos Web will be a special economic zone where Elastos tokens function as the base currency.
Elastos is open-source software whose development process has been sponsored by industry giants such as the Tsinghua Science Park, the TD-SCDMA Industrial Alliance and the Foxconn Group for more than 200 million RMB. Elastos has published more than ten million lines of source code, including four million lines of original source code.
Features
Elastos will use blockchain technology to issue IDs for digital content, making it possible to know who owns which digital assets. On the Elastos Internet, filmmakers will know how many times their movies were viewed.
Elastos will be a platform for decentralized applications (Dapps) that runs on a peer-to-peer network with no centralized control. Elastos users can access these Dapps via their mobile phones, without changing their operating system.
Elastos promotes the property rights of digital content. Elastos has the capability to issue tokens for digital assets or applications and to establish the ownership of digital content through smart contracts.
The Elastos wallet must be used to publish a digital asset, and the balance should be enough to pay the mining fee. Elastos publisher of a digital asset can then create requests for authentication, which will include information such as the user’s wallet address.
The Elastos Token, or ELA, is the intrinsic token on the Elastos blockchain. It can be used for trading, investing in digital assets, paying for blockchain processing fees.
Elastos Roadmap
-
May 2000
-
Chen Rong, a senior alumnus of Tsinghua University’s Computer Science department, returns to China from Microsoft USA and begins research and development for the first-generation Elastos network operating system.
-
February 2003
-
Chen Rong is received by Hu Jintao, the former General Secretary of the Communist Party of China.
-
May 2013
-
Foxconn makes investments in the Elastos operating system open-source software project.
-
June 2017
-
Han Feng, Elastos co-founder, meets Wu Jihan, CEO of Bitmain, and reaches agreements for an angel investment of Elastos as well as the establishment of a blockchain credit union.
The first Elastos technology conference is held at the Institute for Advanced Study at Tsinghua, where basic planning for the development of the Elastos Blockchain is determined.
The Cyber Intelligence Economics and Block Chain graduate program is approved. Chen Rong and Han Feng, the Elastos founders, join the lecturing team. The Elastos Blockchain Project officially begins. -
July 2017
-
The right to use Elastos’ trademark is officially granted to the Elastos team by the Foxconn Legal Department.
Chen Rong, founder of Elastos, publishes Thoughts on the New-Generation of Operating Systems.
The second Elastos technology conference is held at the Institute for Advanced Study at Tsinghua, where it is concluded that the main chain should be given priority in the next phase of development on the blockchain.
The Blockchain and Operating Systems Group is established collaboratively by Elastos and Tsinghua iCenter. Meanwhile, Chen Rong reaches an agreement of strategic cooperation with Da Hongfei, founder of NEO. -
August 2017
-
The third Elastos technology conference is held at Tsinghua iCenter, where the technology road-map and timetable concerning the four big goals and four small targets of the Elastos blockchain are determined.
Version 0.1 of the elastos Whitepaper is published and the official website was made public. -
September 2017
-
According to the instructions given by the leaders of the Ministry of Finance, Elastos decides to focus on development and keep a low profile.
-
October 2017
-
The Elastos Foundation is officially registered in Singapore.
-
November 2017
-
A plenary meeting is held in Shanghai, and the team reaches an agreement regarding the conduct of Holacracy management. The global public relations team, lead by Han Feng, is established.
Elastos and NEO reach an agreement in regards to raising the banner called ‘Beyond Ethereum’. They decide to collaboratively hold its Release Ceremony in Silicon Valley on November 30. -
December 2017
-
The development and strategic cooperation of the Elastos ID service chain and multilayered identity verification service is initiated.
The Elastos public blockchain is officially released, but external nodes remains inaccessible.
Elastos initiates meetups in Japan, Korea, and Southeast Asia. -
January 2018
-
The global token generation event is initiated. (excluding citizens of the People’s Republic of China)
Development and strategic cooperation with mobile web applications initiated. -
February 2018
-
The decentralized version of the Elastos Carrier will be published open source. The development and verification of the primitive model of the Elastos ID service sidechain will be completed.
-
March 2018
-
The Elastos global applications meetup and tour will be held.
Elastos Capital, which aims to support Elastos application ecology projects, will be established. -
April 2018
-
Interface specifications supported by smart contract and sidechains will be published.
-
May 2018
-
Release of Elastos sidechain whitepaper and Simplified Verification System(SPV) for exchanges and wallets integration.
-
June 2018
-
The Elastos ID service chain Open Beta will be published open source, supporting multilayered identity verification.
-
July 2018
-
Large-scale applications and projects which dock financial big data services and medical insurance will begin.
-
August 2018
-
The framework for mobile web applications will be published open source, contributing to elastos’ application ecology.
-
December 2018
-
The mining of Elastos Chain and Elastos ID Chain by external nodes will be open and accessible.
Activity
Team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Advisors
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Last News
- Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
- This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
- If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
