Pantos, the Multi-Blockchain Platform, integrates Lisk in its ecosystem
Lisk announced on Twitter the upcoming integration in Pantos platform, an open-source and open-innovation driven scientific research project focused on cross-blockchain transfers.
📢 We are pleased to announce #Lisk will be integrated with @PantosIO. Created by @Bitpanda, Pantos aims to solve the #blockchain fragmentation problem, by enabling sustainable collaborations between projects and common technical standards for cross-blockchain transfers. pic.twitter.com/p9iRF6cs65
— Lisk (@LiskHQ) 7 marzo 2018
The project is backed by Bitpanda, an Austrian trading platform for cryptocurrencies, in collaboration with researchers at the Technical University of Vienna, the Research Institute for Future Cryptoeconomics (RIAT) and the Austrian Academy of Sciences.
The University of Vienna is already involved in the research crypto project “Ethertrust“, that aims to improve the security of smart contracts on Ethereum blockchain.
BitPanda, formerly known as Coinimal, is a Bitcoin, Ethereum, Dash, Litecoin, BitcoinCash and Ripple wallet that allows users to buy cryptocurrencies with fiat currency (EUR) using Skrill, SEPA or a Credit Card.
They will be focused on Token Atomic Swap Technology (TAST), as cross-chain token transfers will make it possible for users to easily migrate between any current and future blockchain asset, and Lightning Networks.
Pantos will initially be launched on the Ethereum platform, but as soon as possible it will support also Bitcoin, Litecoin, Lisk, Komodo and Wave.
Pantos will raise funds through an Initial Coin Offering, with an hard cap sets at 1500 BTC and the release of PAN tokens. 40% of PAN will be allocated among participants of the ICO, while the remaining 59% of PAN will be reserved as a company reserve for future fundraising, management & employees and bounties. 1% of PAN will be airdropped to eligible Bitpanda users. Click here for more information: Pantos ICO Details.
Founders of Bitpanda Eric Demuth, Paul Klanschek and Christian Trummer stated that:
“The various networks compete not only for investment, resources and market share – but also for knowledge. This is where Pantos comes into play: With the new technology and the PAN Token, for the first time, it is intended to enable valuable transfers of tokens across several blockchains“
Lisk Magazine is a project supported by Lisk Italian Group.