LBank announced the fourth phase of Launchpad, and EchoLink will be the fourth phase of LBank’s Launchpad project. This Launchpad will be based on the investment model and determine the user's investment amount based on the user's average daily holdings of mainstream currencies in the past seven days. The investment time is from 00:00 am on January 18, 2024 to 14:00 pm on January 24, 2024 (UTC+8).
EchoLink is a Solana-based Decentralized Physical Infrastructure Network (DePIN)-oriented Internet of Things (IoT) oracle. It utilizes advanced attestation mechanisms to provide data capture, measurement and verification services for numerous IoT devices. Echolink uses zero-knowledge proof and homomorphic encryption technology to ensure that data is transmitted securely to the oracle node while maintaining integrity. It not only bridges data and blockchain, but also provides software and hardware toolkits for the DePIN project, aiming to integrate IoT and blockchain.