Elastos’ cover photo
Elastos

Elastos

Blockchain Services

Singapore , Singapore 1,317 followers

Where Everything is Smarter!

About us

Elastos, founded in 2017 and building on a vision from 2000, is a blockchain-powered internet version. Its recent breakthrough is the introduction of BeL2, a Layer 2 solution leveraging SmartWeb technology to revolutionize Bitcoin transactions. Elastos is using SmartWeb technology to build the Bitcoin second-layer network BeL2, which extends the efficiency and scalability of the Bitcoin network through smart contracts. This endeavor will enable Bitcoin to power a smart economy and effectively release the liquidity of hundreds of billions of dollars in staked Bitcoin assets. With over 50% of Bitcoin's hash power protecting it through merged mining, ELA boasts extremely high security and credibility in its network, earning it the esteemed title of "BTC Queen" within the community

Website
http://elastos.net
Industry
Blockchain Services
Company size
11-50 employees
Headquarters
Singapore , Singapore
Type
Nonprofit
Founded
2017
Specialties
Computer Software, Blockchain, identity, peer-to-peer, data storage, DID, Web3, Metaverse, GameFi, SocialFi, DeFi, Technology, NFT, decentralized marketplace, Crypto, and Development

Locations

Employees at Elastos

Updates

  • Elastos secures $20M in strategic investment from Rollman Management! We’re excited to announce this major milestone, which propels SELA as Bitcoin’s merge-mined reserve asset and strengthens Elastos’ status as a BTFi (Bitcoin-based DeFi) pioneer and Web3 creator economy leader. With the backing of Rollman Management, we’ll continue to build on Bitcoin’s robust security, foster decentralized finance solutions, and empower creators worldwide. Stay tuned for more updates on our progress in advancing a truly decentralized internet. https://lnkd.in/gJFtph6y

  • Elastos Launches the Arbiter Network for BeL2 We’re excited to announce the launch of the BeL2 Arbiter Network, a major step toward enabling DeFi for Native Bitcoin. This milestone brings us closer to staking $ELA to earn BTC, paving the way for new opportunities in decentralized finance in 2025. Learn more here: https://lnkd.in/gWgfs-fN Stay tuned as we continue building the future of Bitcoin-powered DeFi. #Elastos #BeL2 #Bitcoin #DeFi #Blockchain

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  • We are happy to announce that Particle Network's BTC Connect has joined the Elastos ecosystem! Now users will be able to use their Bitcoin wallets (UniSat or OKX) with BeL2 dApps to access DeFi, loans & stablecoins—all in one place. No more multiple interfaces or switching wallets . . . . Sounds familiar? It's just like Web 2! https://lnkd.in/dUEAxY5t

  • Join us today on Moby Media. Elastos Gold community member, Tim Koerber, will be discussing inflation (the good, the bad and the ugly) and how its negative effects can be mitigated with an inflation-proof token.   There are and will only ever be 1,000 Elastos Gold tokens produced – with no possibility of increasing the supply. In this sense, it is 100% inflation-proof.   Elastos Gold solves, not just an economic question, but a societal one: how to fuel and incentivize growth, without the downside . . . . See you there! https://lnkd.in/gMtUrkbF

  • Elastos today joined forces with BukProtocol, to extend decentralization to the travel sector, direct in native Bitcoin.    BukProtocol converts travel bookings and other agreements into tokenized, fully transferable ‘Dynamic Assets’ which can subsequently be monitored, exchanged or traded, in the event of cancellation or itinerary change. Through Elastos’ BeL2 protocol, the tokenization process will be completed directly in native Bitcoin, to maximize the integrity, security and liquidity of the resulting Smart Contracts. Travel is notoriously unpredictable, with itineraries, schedules and routes subject to change at the last minute often due to unforeseen incidents, the consequences of which can range from unused accommodation to multiple reimbursement claims. Now, agencies (or travellers) are no longer left with unused or unwanted reservations; all can be traded or exchanged direct via Bitcoin. Read more here: https://lnkd.in/dGKAW63k #SmartWeb #SmarterBitcoin

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  • Elastos just created the World’s first live music inscription at its Asia OnChain Real World Assets (RWA) event at Token 2049.   This first recording was supported by Elastos partners, YeloPlay, a Web3 platform with a catalog of Indian and Sri Lankan music; many thanks to Mike De Zilva, Kat Sonata and Charth Fernando for performing their composition “Back to the start” which is  now available to fans for all time as a minted collectible of the occasion.   As Mike puts it: “The World’s first live eScription, literally, signals the moment when artists regained control over their creations – it’s massive. And it’s not limited to content, Bitcoin-backed eScriptions will enable artists to develop and define completely new relationships with their audiences, incentivising super fans, for instance, with exclusive content, access and experiences. All – importantly - on the artist’s terms,”   https://lnkd.in/d94NJ6ji

  • Harvard-students and alumni joined forces to launch the "New Bretton Woods Project" (NBW) to use decentralized finance (DeFi) solutions to tackle the global debt crisis.   The goal of the initiative – to be incubated at Harvard Innovation Labs - is to create a ‘New Bretton Woods’ system anchored in native Bitcoin, bringing stability through the utility of a stablecoin. This stablecoin allows users to bypass Bitcoin’s price volatility while retaining the potential for long-term gain, making the product practical for daily use.   Thanks to the BeL2 infrastructure enabling decentralized finance applications (while all the time Bitcoin remains securely on the main network), Bitcoin can be used as collateral for Layer 2 applications such as decentralized exchanges, loans, and stablecoin issuance.   By offering a stablecoin backed by Bitcoin on the BeL2 platform, NBW is giving people a way to protect their wealth and access new financial opportunities, especially in times of economic volatility.   Read more here: https://lnkd.in/d8jeGUQJ   #SmartFinance #SmartBitcoin

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