Lianxy
Lianxy.net's ecosystem is carefully planned and designed such that it is efficient, secure and ready to use. This page documents some technical details of Lianxy.io so that you can learn how Lianxy.net works and achieve its goals.
DOCUMENTATION
THE LIANXY.IO ECOSYSTEM
01
THE SYSTEM
Lianxy.net’s ecosystem is structured around two major aspects. The first aspect is defined by Dynamic Service Involvement Protocol (DSIP), and a virtual Validating, Matching, and Marketplace Space, including all structured and technological prerequisites for its efficient and resilient operations. The second aspect is defined by the state-of-the-art blockchain technology structure.
Both aspects of Lianxy.net’s core structure will be designed and elaborated in connection with industry standards. The PoQ algorithms and the organizational and market research behind the validation, matching, and marketplace structure with research in the US. and Europe.
The blockchain technology that will be developed and deployed would have a robust infrastructure. Its functions will relate to a plethora of operational tasks including, but not limited to, the facilitation of search, information, and coordination while operating in strict confidentiality in an open, global network where all the participants, creators, retailers, and sellers alike, would control their own data while interacting in a secure and efficiency-inducing operating environment.
Lianxy.net offers all participants in the ecosystem the infrastructure and the indispensable toolkits required to cut costs and increase the benefits of their relevant activities. Thus,
Lianxy.net creates value. Yet, at the same time, Lianxy.net also captures some of the value created, re-circulating it back into the system.
Through its blockchain structure, it converts a fraction of the value created and manifested in the ecosystem into a means of exchange, a vehicle of incentivization, and a store of value. The quasi-monetary system thus established has a precise functional role in the architecture of the ecosystem, and thus has properties that differentiate itself from other crypto products. In short,
Lianxy.net’s blockchain structure has dual functions: (i) to facilitate the activities of content creation, validation, matching, and marketplace functions of the ecosystem and (b) to capture a share of the value created by the economics of the system in order to refuel and facilitate the optimal functioning and the growth of the ecosystem.
02
THE TECHNOLOGY
Lianxy.net marks a new era of technological breakthroughs involving blockchain-centric technologies. Designed with flexibility in mind, it outpaces contemporary alternatives in terms of performance, while innovating on most other fronts:
❑ Innovative Design – Lianxy.net’s core infrastructure is built on top of a unique blockchain-focused barebone, from among the fastest smart contracts in the world to the best performance in terms of throughput and bandwidth. These smart contracts are extracted from the highly acclaimed, audited codes from OpenZeppelin.
❑ Sustainable Technology - the blockchain-centric approach used throughout the Lianxy.net ecosystem has been designed to support and encourage collaboration, rather than unhealthy competition
❑ High-Performance infrastructure - Lianxy.net’s inner workings focus inherently, by design, on a sustainable amount of computational resources, making them suitable even for low-powered ultrabooks.
❑ Fast Adoption – Lianxy.net’s virtual machine would use the C programming language which allows fast compilation into operational bytecodes for further processing. All other functions and features would also be quickly updated throughout the ecosystem.
03
THE PERFORMANCE
Lianxy.io’s performance can be summarized as Efficient, Resilient, and Sustainable.
❑ Proprietary technology - Lianxy.io integrates a truly economic system with ramifications that are subsequently touching the real economy of goods and services, while at the same time touching the symbolic economy of virtual items
❑ Resilience – Lianxy.io’s strategy of growing in stages, fine-tuning its economics and technology in the function of each of the stages of the growth and development process, is also the outcome of special concern regarding the resilience of the ecosystem. We differentiate between the vulnerabilities of smaller-scale and the vulnerabilities and challenges of larger-scale network operations. We give special attention to the early stages of the development process. In the tradeoffs between systemic resilience and maximizing economic performance and efficiency, we prioritize resilience.
❑ Network Effects – Lianxy.io will be designed bearing in mind the crucial role network effects play in the life-cycle of platforms and ecosystems and therefore the development strategy has internalized the priority of focusing on each stage and critical threshold associated with the increase of network effects. Our approach to the growth of scale from smaller networks to larger networks will allow us to calibrate the functionality of the ecosystem to the scale of network effects.
❑ Economy of Scale – Lianxy.io’s development plan will factor in the relationship between, on the one hand, fixed costs, variable operating costs including those related to the blockchain, and on the other hand, the growth of the ecosystem.
❑ Branding – Lianxy.io is focused on its underlying core competence and value-creating content and infrastructure. As such, it is building its brand around competence, not around superficial attributes. Lianxy.io is a cost-reducing, benefit-enhancing value creation system, built on top of a state-of-the-art blockchain technology structure, spanning the space between, on the one end, the real economy of goods and services, and on the other end, the symbolic economy of virtual monetary items.
PoQ
The PoQ consensus algorithm is a ranking mechanism for content, content creators and validators and it is used to promote quality content to ensure high product and service sales. It calculates trustworthiness scores for content creators, validators and pays according to content scores, ranking and trustworthiness.
Lianxypedia
Lianxypedia is a collection of rich product and service data catalogues that stores data about all known products and services, and represents the foundation to deliver a seamless omnichannel experience for the retail industry. It unifies product data created by retailers with product data provided by suppliers and rich content generated by consumers.
Network
Participants
Network participants encompass Content Providers, Content Validators, Content Consumers, Service Providers, and Blockchain Endorsers.
E-Store
An E-Store is a collection of digital sales channels that participants in the Lianxy.net ecosystem assemble and utilize to advertise, assess and sell products. The content generated and framed by Lianxy.io and provided is called B-Frame.
B-Guilds
B-Guilds can create, or sign up for, groups that function as communities which focus their activities on specific contents, brands, shared interests or other self-defined objectives. Lianxy.net thus offers its participants the toolkits to take advantage of the benefits of economies of scale and network effects by organizing in groups or communities.
B-Keepers
B-Keepers are technological and operational infrastructure providers in the Lianxy.net ecosystem, and serve a dual function: (i) as storage unit providers and operators, and (ii) as blockchain endorsers. The data generated by Oracles and the product data uploaded by its B-Guilds are stored by B-Keepers. Upon storing a B-Frame, any given B-Keepr would record that in a public permissioned blockchain.
Oracles
Oracles are high-trust critical function providers in the operational architecture of the Lianxy.net ecosystem. They are responsible for, among others, (i) B-Frame assemblage process, (ii) performing awareness and custody function of what content URLs are used, etc.
Lianxy.net's Protocol
01
Technological Governance
Technological Governance focuses on the functional aspects of the technological infrastructure on which the Lianxy.net ecosystem is built. It refers to the technical parameters, rules, and protocols designed to (1) optimize the functioning of the technological and technical processes which are supporting overall the ecosystem/platform and (2) address the technological facet of potential vulnerabilities, opportunistic behaviors, malfeasance (including coordinated attacks) taking advantage or targeting the barebone blockchain-driven technological infrastructure.
02
Operational Governance
Operational Governance deals with the procedures and protocols governing the operational activities and interactions of the ecosystem/network participants (individual and collective) in the process of executing their specific roles and functions, while pursuing their particular objectives on the platform and in the ecosystem. The key Operational Governance mechanism is incentive alignment via a structure of benefits, costs, and potential penalties. The structure of incentives for each type of network actor (individual and collective) has been set up in connection with the operations of the system and the structure of incentives. The function is to regulate the mix of cooperative and competitive behavior on the platform in ways that optimize the operations of the ecosystem. The Operational Governance process maintains “good behavior” as the precondition of “good governance” and calibrates the system’s operation by reinforcing or diminishing the cooperation or competition dynamics between the actors via the incentive systems. Operational Governance has two dimensions, each determined by the type of actors it regulates: (a) Operational Governance centered on individual actors and their actions and (b) Operational Governance centered on communities and collective action.
03
Structural Governance
Structural Governance (SG) will deliver the following core functions: Supervises the maintenance, functioning, upgrading, system development, and crisis management of the system (TG & OG as defined above). These functions are to be executed by the following SG bodies: (a) A Governance Board and as the Lianxy.io ecosystem grows (b) an Advisory panel consisting of selected network participants.
04
Corporate Governance
Corporate Governance (CG) focuses on the overall ecosystem, as well as the direction of growth and development of Lianxy.io. It will be organized in compliance with all legal and regulatory requirements, taking all the standard forms required by law and best practices. It will include mechanisms for: (1) Accountability, (2) Transparency, and (3) Responsibility.
Lianxy.net’s Four-Level Governance
Lianxy.net’s Dynamic Service Involvement Protocol (DSIP)
Data and information have always been the backbone of organizations and businesses, and in recent times, running a smooth business is a daunting task because of ever-rising customer expectations. In e-commerce, trusted, high-quality product content data is a crucial resource for brands, retailers, and manufacturers. Today, much of the product data is siloed, making it expensive and difficult for e-commerce companies to access it. During the ongoing pandemic, e-commerce has boomed, but not all online retailers have seen their sales rapidly increase. Those that lacked high-quality and relevant content have been left behind.
DSIP is a two-sided marketplace connecting content providers with content consumers. On the supply side, content creators, such as manufacturers, brands, individuals, influencers, and 3rd party retailers, upload content and get paid and rewarded for it. If the digital content (such as product description, photos, etc.) comes directly from manufacturers or brands, it does not need to be validated. If the content comes from other content creators, then the content will be rated by Lianxy.net’s PoQ algorithm. On the demand side, brands, retailers, third-party retailers, or other content consumers (such as marketing companies, marketplaces, etc.) pay for content and get rewards based on the subscription selected.