Co-authored by Jeff Scott

As much as businesses need blockchains, the mass-market of everyday users are just as much in need of simplified blockchain technology, and Lamden has the tools to make it happen. We therefore are further expanding how we simplify cryptocurrency technology by introducing a new way for a large user-base to have the access to the benefits of blockchain while remaining in the familiar realm of fiat, through a new concept called tokenized fiat.

Codename “ClovePay”

Our new project, tentatively labeled,“ClovePay” is a new Financial Technology (Fintech) that will accept 95% of cryptocurrencies as well as Tokenize Fiat with the purpose of facilitating the exchange of assets on blockchain based networks.

1 USD EQUALS 1 Tokenized USD Coin

This is achieved by being backed by an established bank and Lamden becoming a legally recognized entity, with legal responsibility for securing the network. This is similar to how other money transmission services like Stripe, Venmo, Square and PayPal operate to send USD. With ClovePay we gain the features of these platforms while applying the advantages of Blockchain. This advantage is then passed to developers via Clove’s API which is part of the Lamden Developer Suite.

Tokenized Fiat for Everyday Users

The process will be simple. Much like other money transmission services, users will create an account and fulfill a KYC process before depositing. Once your account is created, you can deposit money using a credit card or bank transfer, which will then be added to your account.

Behind the scenes, all of the transactions and transfers in the system will be handled with a private blockchain powered by Lamden. Users will be able to freely send and receive money from other users, and because of the blockchain backend, users will also be able to hook directly into dApps via Atomic swaps.

What does this mean for Developers?

Fiat gateways are the next horizon for crypto, but it’s not easy. By having a Tokenized Fiat solution, we allow blockchain developers to just use Fiat Tokens the same way that they use any other crypto. Exchanges and dApps will be able to add USD tokens as easily as they add any other token, and since the backend and legal is all handled through “ClovePay,” there will be no additional hassle for developers to factor in KYC or similar.

We strongly believe that access to Tokenized Fiat is an integral part of our full-featured set of development tools. Tokenized Fiat will be 100% compatible with Lamden’s Atomic Swap engine called Clove API. For the first time Developers will have direct API access to a Fiat on/off ramp; creating possibilities for a new breed of decentralized applications and blockchain use cases.

Lamden’s Smart Contracts will be able to access Tokenized Fiat via Clove API. This opens up free micropayments that can be easily integrated with websites instead of the current 2.9%+ fees paid today. Lamden’s forward thinking platform becomes the ideal place for Centralized or Decentralized Exchanges as it allows them to access Tokenized Fiat for their customers. This will be showcased on Lamden’s own Decentralized Exchange, LamDEX (available 2018 Q4).

Finally, Smart Contracts use Atomic Triggers via Oracles to open up a new ecosystem of decentralized applications with access to real world relevant assets. Developers (such as our recent CEAP partner Elysian International, Inc.) can now create marketplaces to pair real world assets, with real world value, on a decentralized platform.

Where is ClovePay in Development?

The development of ClovePay is two-fold: technical, and legal.

Regarding the technical aspect, Lamden has already set up a test network to use Ethereum’s Proof of Authority technology and have begun development on the coin itself. In the short term ClovePay will be an ECR20 solution which means it will be compatible with all major Ethereum based software and hardware wallets. Eventually a more permanent home for ClovePay will be Lamden’s own Cilantro Blockchain platform.

Regarding the legal aspect, Lamden has already employed money transmission lawyers and have begun the process of obtaining a bank sponsor, all to ensure full legal compliance of ClovePay to SEC regulations. Once the project’s development is at 70%, we will begin pitching a wide number of additional Fintech companies that we have direct connections with as well.

Learn More about Lamden

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Tokenized Fiat — Crypto’s Next Evolution was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

As you may be aware, Lamden has been hard at work developing their own decentralized exchange, LamDEX. Today, we want to announce some major developments to our exchange plans that bring us much closer to actualizing the reality of a Lamden-based exchange. There are two major initiatives that we are announcing:

Introducing Lamden’s Fiat Solution

Lamden has begun its plan to include a fiat pairing through its own tokenized representation of fiat. The new token will run on a proof of authority network, which is a less decentralized method of consensus, but there is no actual centralization concerns due to this coin acting as a payment processor. This acts an alternative to a true fiat pairing, as that legal complications such as the need for a money transmitters license. Our approach would require a bank sponsorship, which we are in the process of obtaining. These tokens would be compliant with Clove’s atomic swaps, thus introducing fiat tokens to the decentralized exchange world.

By initially using Ethereum Proof of Authority, we can introduce an easy to use REST API so that the service can be integrated into any application, a liberty no other type of fintech payment system can offer. The system would be completely automatable, which when coupled with our application integration, would cause businesses and other users to become reliant on it, leading to long term use.

This fiat solution is significantly cheaper than other fintech payment options such as Paypal and Stripe. Also, unlike these completely centralized entities, Lamden can provide true client-side payment creation with a crypto-method of signing transactions, something other companies cannot do. This direct interaction with the client would lead to minimal fees for the consumer while providing a steady-stream of revenue for Lamden to pour back into the software to ensure further compliance to decentralized standards.

Lamden’s Exchange Updates

As a preliminary step in the creation of Lamden’s decentralized exchange, we will be working to release a traditional exchange. In the long-term, this traditional exchange will act as a companion to LamDEX. Ultimately this exchange and LamDEX will be integrated into a single app.

Casual traders may prefer the traditional exchange approach while heavier and more security-conscious traders are more willing to switch to the newly emerging decentralized exchange model, as they include a different model of fees-per-transactions and delays related to block-time limitations. Additionally, by offering both options, we can introduce LamDEX to our centralized exchange users to build the LamDEX user base.

We hope with these initiatives, Lamden’s exchange will become one of the most comprehensive exchange solutions available on the crypto market.

Learn More about Lamden

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Introducing Lamden’s New Exchange Initiatives was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are pleased to announce we now have a third partner for the Clove Early Access Program: Elysian International, Inc. Elysian is a decentralized Ecommerce platform for building websites on the blockchain. Their vision is one where Lamden’s Clove protocol would provide them atomic swaps for their private Ethereum sidechain.

An Introduction to Elysian

Elysian is a team of Ecommerce and cryptocurrency experts with a plan to connect the multi-trillion dollar Ecommerce industry with the multi-billion dollar global cryptocurrency market by creating a revolutionary, new Ecommerce platform. Their vision is a future where Elysian is the epicenter of a new model for Ecommerce, powered by the blockchain. The Elysian ecosystem presents a model for sustainability and healthy growth, along with community integration to connect Elysian supporters directly with the team.

What is CEAP

The Clove Early Access Program is Lamden’s initiative to provide worthy candidates a chance to test our atomic swap protocol in its beta phase. This testing will allow these platforms to be the first to benefit from the seamless swaps between blockchain assets that Clove provides, while in turn providing Lamden valuable feedback on the functionality of Clove and helping us improve the protocol and removing any bugs. You can read more about CEAP here.

What Does a Partnership with Lamden mean for Elysian?

Through this partnership, Elysian will be able to use the Clove protocol to complete the functionality of their blockchain system, with the guidance of our CEO, Stuart Farmer, as an official Elysian adviser. Lamden hopes that our protocol will prove useful enough to Elysian to be integrated into their mainchain and be an integral part of what makes their Ecommerce platform run.

Learn More about Elysian

• Check out their website
• Read their white paper
• Join their Telegram
• See what’s next on their roadmap

Learn More about Lamden

• Check out our website
• Read our white paper
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The Lamden project has grown a lot since its ICO, and we have new members joining our community every day. As such, we also have many questions that are commonly asked, which we try to answer as clearly and succinctly as we can on our social media channels. It may now be a good time to compile some of the most frequently asked of those questions and give them a clear, thorough answer, so that everyone can be on the same page.

Is Lamden an ERC20 token?

Yes, but only as a placeholder token until the development of our Cilantro mainnet is complete. Upon the completion of this mainnet, all Lamden tokens will be swapped for the newly minted Tau tokens that now will have their own blockchain.

When is Lamden’s mainnet?

Lamden’s mainnet is scheduled to be released during the fourth quarter of this year, 2018. This is the time above-mentioned token swap will happen. It will mark the completion of the Lamden blockchain that was advertised and promised in our ICO. The testnet for this mainchain is already out. Check it out here.

Are there rewards for masternodes or for staking Tau?

Yes, the option to do these will start becoming available after the launch of the Lamden mainchain. Some worry that there is no rewards for taking part in the Lamden system. This was a possibility before, but we decided to include rewards that would be enough to incentivize participation. The first version of our governance policy can be found here.

How many developers does Lamden have?

Lamden has two sets of developers: The core team member developers and a supplementary contracted team of developers as well. Both teams are currently about five in number. Lamden’s four team members can be found here, with an additional developer recently hired not yet on this list.

When is the new whitepaper going to be released?

As we have mentioned upon the start of our whitepaper series just over a month ago. We mentioned a two month estimate, and after five additions in the series, that estimate should still be accurate. The new whitepaper will hopefully be released in less than a month’s time.

Where does the Lamden’s 10,000 transactions a second number come from?

This comes from our plan to implement the consensus protocol we are implementing, the Honey Badger BFT protocol. It is a protocol that been tested over the TOR network and is capable of “tens of thousands of transactions per second.” You can read more about it here.

Is Lamden giving away free Ether/Tau? Am I supposed to send Ether/Tau to a specific address or provide my private key?

Okay, this isn’t actually a frequently asked question, but there are people out there posing as false representatives of Lamden and trying to scam people out of funds. So let me make it clear that Lamden is absolutely not going to ever ask you to send funds to a particular address for other funds in return, nor would we ever ask you for your private key.

My question wasn’t answered!

If you have anymore questions, feel free to come ask them on our Telegram channel, t.me/lamdenchat, or on our Reddit, reddit.com/r/lamden. You can also private message me on Telegram or Reddit (my handle is CR_Lamden for both) or email me at CR@lamden.io. We at the Lamden team are always here to answer your questions.

Learn More about Lamden

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Answering Recent Frequently Asked Questions was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

About two weeks ago, Michael del Castillo wrote this article on Coindesk about current limitations that prevent businesses from adopting blockchain. The argument consisted of a several-layered problem, summarizing the general takeaway at the Depository Trust and Clearing Corporation’s annual fintech symposium in New York City. Castillo writes about three underlying problems: the limits of open source, the need for intentional guardrails, and the uncertainty of regulations. For those that do not know, Lamden is developing a suite of enterprise tools that will allow for enterprise-grade blockchains to be easily deployed and managed. Let us break down Castillo’s points and how the Lamden suite directly addresses these major problems.

The Limits of Open-Source

Castillo cites the concerns of DTCC’s chief technology architect, Rob Palatnick, regarding the use of open-sourced blockchains for business enterprise purposes. The idea of a network of blockchains is mentioned along with a mention of neutral parties who are trusted with ledgers. The ideas discussed come very close to imagining an ecosystem of private chains that are distributed among a private network that meets the level of trust needed for enterprise usage.

This idea speaks to the purpose of implementing private chains as deployed by Saffron, Lamden’s blockchain creation tool. These blockchains can be as permissioned and as private as the network managers desire. On top of this, the idea of a “network of networks,” as explicitly mentioned at the DTCC’s meeting, is exactly in line with the goal of Clove, Lamden’s atomic swap protocol. Clove will allow for the exchange of assets between private chains seamlessly in a trustless manner. Enterprises can benefit from the open-source ideals behind blockchain without having to subject their sensitive data to the public.

Intentional Guardrails

The problems caused by an unpermissioned and turing complete language such as Solidity, the primary smart-contracting language of Ethereum, means that there is a lot of risk to businesses and their blockchains if they code in the same language. The DAO hack, which we’ve also expressed our concern about here, was brought up in the DTCC symposium and the sentiments echoed again match exactly that of Lamden’s: the need for a permissioned smart-contracting language to disallow for malicious code to enter into the network or the dApp or the blockchain.

Lamden has a two-fold solution to this security flaw. First is our soon-to-be-completed permissioned and turing incomplete language, Seneca. The simplicity of Seneca greatly reduces the possibility of attack vectors when compared to other smart-contracting languages. Furthermore, Lamden is committed to make blockchain usage as simplified as possible for enterprise adoption. The second part of the Lamden solution offers Seneca within a smart contract manager, Flora, that will facilitate the use of Seneca and allow for developers to easily code standardized and safe smart contracts for their businesses.

Regulations Still Uncertain

The final section of the article refers to the SEC's delivering of subpoenas to blockchain ventures that sought to fund their operations through initial coin offerings.The highlight here is the concern of public blockchains, and the array of legal and technical issues that come with them. The more businesses need to rely on public chains, the less control they have over critical issues such as security, speed, and governance. No enterprise would like such critical factors to be out of their hands if they can avoid it.

The beauty of the Lamden suite is that gives the user a variety of options between public and private chains, as well as hybrid options in between. If they wish, a business can fully remove the need to trust or even deal with any external or public blockchain. Lamden believes that as revolutionary as public blockchains have been, there is also undeniably a place in the market for private chains. These chains provide value in more specific and private operations, where the usage of a public chain would not be appropriate. The legal risks associated with public chains relate to the specific compliances of these public chains and their creators to regulatory bodies. This may have little to do with the needs of a business wanting to use them. Private chains will be more controlled in their usage and likely escape the scope of many regulatory concerns. If any remain, the business now owns the chains they are using, leaving compliance within their control.

A Different Takeaway

As for the takeaway from the DTCC symposium, Castillo opens his article with it: “Blockchains are here to stay, but so too are centralized authorities.” The Lamden suite provides a simple solution which shows that blockchain and centralization are not opposite ends of a spectrum, but two forces that can be a perfect match when the right tools are provided.

You can read the original article covering the DTCC's symposium on blockchain enterprise problems here. You can also read my argument for why businesses need blockchains here, and specifically their need for developer tools here.

The Practicality of Lamden: A Response to Enterprise Blockchain Limitations was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Lamden team has already made rapid progress beyond our own expectations. We have therefore updated our roadmap on our homepage the reflect this progress. Additionally, we have included details for each stage of the roadmap so that all that are interested in the project and its progress have a much clearer picture about what we have done and what we are about to do.

Roadmap Re-Organized

Our previous roadmap had a lot going on, but we wanted to re-structure it so that it is easier for those new to the project to follow. We’ve combine some of the related elements into single milestones, and also added the estimated quarters of completion for the milestones to come. We’ve also reordered some elements based on our current progress.

More Development Stages

On top of the details within each step, we have also added more steps in development to look forward to, such as the alphas of Saffron, Flora, and Clove.

To close, we would like to remind everyone following our project that the roadmap represents planned targets of the project, and are subject to deadline changes. We hope you share our excitement regarding the milestones to come, as we check them off one at a time.

Learn More about Lamden

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Lamden’s Rapid Progress Means Another Roadmap Update! was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

How much do you guess a business today would need to pay a developer to build a blockchain for them? Consider that a software developer of 15+ years makes just over $100,000 a year according to Glassdoor. But you can make up to double that amount with just 2 years of experience as a blockchain developer, as seen here by a job offered right here in Lamden’s HQ city of San Francisco. Blockchain development is a very specialized skill, so it requires specialized devs.

The problem is that we don’t want blockchains to be a specialized field. Those who believe in future of cryptocurrency are waiting for the taboo around it to break so that we can experience the next widespread technological advancement of our time. But as it stands, blockchain development is difficult for new developers to get involved with and prohibitively expensive for businesses.

How will Cryptocurrency go Mainstream?

Let’s be real: adoption takes time and effort. It is hard to change minds and even harder to change habits. How can cryptocurrency and blockchain tech as a whole become part of everyday life?

The answer is the same as any other major invention since the dawn of time: commercialization. If it has a commercial use, then stigmas can only last so long before practical value — coupled with the lure of profits — overcome negative perceptions. I’ve answered the question on whether businesses need blockchains here, but now let’s dive into the next natural question: how will they get them?

Obstacles to Blockchain Adoption

A business blockchain today is very expensive, and very impractical to build. We see this in the salary of any job related to building blockchains like the one from FRG Consulting above. Kris Henley, communications manager with the Centre for the Digital Economy at the University of Surrey, states that blockchain is “turning out to be more complicated than most of us thought. Its tremendous potential is mitigated by its steadfast resistance to being a ‘magic’ solution.” This complexity stands between blockchain and global adoption.

The good news is this is perfectly normal. New technology always starts off as cumbersome and expensive, with only limited and specialized uses to start. Think of everything from steel production to the modern computer: they only become widely adopted when they become commercially viable beyond their specialized uses. In these times, the companies that ultimately have the greatest success, the Apples and the Microsofts, are those that reduce barriers to entry, improve ease of use, and lower the cost of adoption. This is exactly what we need for blockchain: reducing the cost, time, inconveniences, and understanding the needs of businesses and individuals trying to launch their own blockchains and DApps.

Lamden’s Open-Sourced Developer Suite Solution

Lamden arose from the recognition of this need. Although we pride ourselves on our upcoming blockchain’s state-of-the-art abilities and transaction speeds, the most important thing we are doing is giving the average developer the tools to build enterprise-grade blockchains in minutes. The entire suite of tools is open-sourced and free to use, so there will be no “pay-wall” barrier between any developer and this newly accessible blockchain skillset.

To give more insight as to what exactly we are introducing to the world: our tool Saffron will allow developers to launch and customize their desired blockchain without any blockchain specialization skills needed. For example, an Ethereum-based blockchain can be launched in under ten minutes, as demonstrated by our lead developer Stuart here (this will be further simplified from the user-end as the tool develops). Our smart contract manager, Flora, allows the creation and execution of smart contracts with our much simplified and permissioned smart contracting language, Seneca. Clove is our atomic swap protocol that will allow anyone to swap between virtually any two blockchains, allowing full interchain ecosystems to be built without the need for blockchain-specialized devs.

Blockchain has proven its use, and the interest of companies around the globe in the tech is ever-increasing. However, access to the benefits is still very limited. Lamden will be equipping businesses with the keys they need to profit from this epic shift. In fact, this suite of developer tools does more than just enable businesses to build blockchains; they are the first critical steps toward widespread blockchain adoption in the enterprise world.

The Need for Blockchain Development Tools was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Lamden team continues development at a quick pace, bringing us ever-closer to the reality of our suite of blockchain developer tools. Of course, our work does not end at the development of the Lamden suite. Rather, we are fully committed to facilitating its widespread acceptance and adoption. This means taking our time, money, and effort to get the tools into the hands of developers and ensuring they know how to use them.

The post-developer-suite work is a monumentally important task that requires our full dedication in terms of time and resources. Therefore, we have decided to create a new branch of Lamden which will be specifically tasked with strategizing the adoption and further development of the Lamden suite: Lamden Labs.

Lamden Labs Explained

Lamden Labs will focus on a variety of different techniques to increase the quality of Lamden’s tools and the quantity of those relying on them. Its mission statement consists of three main goals:

1. It will build and encourage others to build applications to be used on the Lamden platform.
2. It will fund projects that will increase the use and adoption of Lamden and the Tau token.
3. It will train developers to use the tools and have them compete in decentralized app building competitions, again for the purpose of furthering the Lamden platform and its adoption.

This is just a quick summary to get everyone acquainted with the idea. To learn more about Lamden Labs, please read the newly released Lamden Labs Charter found here.

Learn More about Lamden

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Lamden Labs: Thinking Beyond the Lamden Suite was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

This will be the first in a series of articles outlining the features and functions of Lamden’s blockchain, Cilantro, which is scheduled to be released by the end of 2018. In this series we will offer an overview of each of the main parts of the blockchain, and offer insight into our thought process and development goals behind each component.

At a base level, the Cilantro Blockchain works on a Delegated Proof of Stake (DPoS) system. Additionally, in order to allow a more secure and streamlined process, the delegates will have oversight from Masternodes. This combination between DPoS and Masternodes overcomes the current weaknesses of purely DPoS systems by helping to reduce the risk of network manipulation by way of collusion.

Masternodes:

Cilantro’s Masternodes will have mid-level rewards that are checked from being too high by the witnesses and delegates, ensuring those running the nodes are those who prefer the welfare of the validation system over personal payouts. This also puts them in the best position to confirm fair-play from the witnesses and delegates. Masternodes have oversight over the delegates, allowing them to root out collusion between delegates and witnesses. The masternodes serve as a storage mechanism for the entire blockchain, and will continue updating the chain in real time using the data provided by the delegates and witnesses.

Delegates:

The delegates of the Cilantro chain perform consensus, package new blocks, and hold the current state of the network. As new transactions come in, they are written in a scratch database, a mini-ledger for performing consensus on current transactions. The set-up is relatively simple, requiring just a stable internet connection.

Witnesses:

The witnesses make up the pool of potential delegates and elect the current delegates through voting. The Cilantro blockchain has free transactions using a unique ‘stamp book’ model. Cilantro participants can either make stamps with a relatively quick PoW process, or use Tau tokens to purchase stamps. Stamps can then be staked in a ‘stamp book,’ which ensures that only high-speed stamp transactions are processed through this alternate channel in the blockchain. The witnesses validate these PoWs and stamps to ensure that transactions are valid before sending them on to the Delegates.

Lamden on Twitter

The Cilantro Blockchain Explained https://t.co/Rcx9mmYlTa $TAU #cryptocurrency #blockchains

Conclusion:

The Cilantro Blockchain will act as the foundation upon which all of Lamden’s development tools operate. Cilantro is already in alpha and open for anyone to test here. The chain will act as the intermediary chain between all blockchains, including those created using the Lamden suite. It can also be replicated and deployed through Saffron by any business for their own private chain.

Learn More about Lamden

• Check out our website
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The Cilantro Blockchain Explained was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.

Once again, the crypto-scene has entered the spotlight in the financial world, thanks yet again to a massive Bitcoin bullrun (and subsequent crash). Along with this cryptocurrency revival comes a craze for blockchain for everything. From IBM to Iced Tea, blockchain is a sure-fire way to draw attention to your business and get ahead of the competition.

However, now the prices have slumped and the market is back to normal (as normal as crypto markets can get), and people are back to asking the same questions they always do once the craze is over: is blockchain suitable for business? Why do all of these businesses want blockchains? Do businesses even need blockchains, or are they just a fancy way to store data that isn’t really anything revolutionary?

Let’s go back to blockchain basics

Let’s untie all the excitement that comes with cryptocurrency and actually look at what blockchains essentially are. In reality, blockchains are a type of database that keeps immutable records. It almost sounds boring, but that’s essentially what they do: really trustworthy data keeping. We can also throw in automated, unbreakable contracts which execute and move data.

So why is this particular way of keeping data so sought after now? Let’s agree that some of those pushing blockchain for their businesses may be doing it for publicity purposes and that it may not even be a healthy adoption of the tech. However, once we put zeal aside, we can also agree that blockchains will definitely provide solutions to age-old record keeping problems that we’ve not seen the likes of before.

The reason Bitcoin works and became a household name is because it figured out how to have unchangeable and uncopyable data. This data was labeled as a currency and is now starting to be accepted as such, but we can replace “data” with any type of record that needs protection from alteration: money, deeds to property, voting results, insurance records, certifications, credit history, identity validation, taxes, brand-name products, and anything else that requires a record for authenticity.

So what does this mean for businesses?

A blockchain distributes the trust of this data across a network and allows for immutable records for any of the above types of data. Even a “private” chain is only such because it is closed to the public. It will only have value to its owner if trust is distributed enough for all those using the chain to agree on the immutability of the data. It is an automated process that saves time and money while ensuring authenticity and proof of ownership. A business can set up an internal blockchain that keeps any type of data coordinated at any level it needs. It can be within a single branch, across an entire corporation, or even a multi-corporate partnership to facilitate business between different entities.

The inter-business blockchain is particularly interesting. With it, record-keeping is shared among businesses, presumably with nodes kept across these businesses to create trustless records with immutable histories. Now, throw smart contracts into the mix to allow automated execution of deals between these businesses, and we have a massive digital infrastructure performing highly sensitive transactions in a way that requires no active management or oversight. This is where blockchains cross the line from trendy to revolutionary.

The need for enterprise blockchains is real, and is set to become a massive market. The hyper-competitive nature of the above-mentioned industries will ensure that is a reality as soon as possible. One “enterprise blockchain” will not capture the full markets for any of these industries. Lamden is set to break into an emerging market where the demand will likely be hundreds of folds more than the supply. We believe we will ultimately have the edge due to our focus on ease-of-use, pre-provided developer tools, and interoperability between private chains through atomic swaps.

The question of whether blockchain is here to stay is becoming less debatable day by day. It is very likely that we may soon see corporate blockchains become the standard, and companies like Lamden as essential as Microsoft in providing basic business technology.

Learn More about Lamden

• Check out our website
• Read our white paper
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Do Businesses Need Blockchains? was originally published in Lamden on Medium, where people are continuing the conversation by highlighting and responding to this story.