Organizations are developing their own blockchains and applications to run on top of them. This defeats the purpose of distributed ledgers, fails to harness network effects and can be less efficient than current approaches.
Key Features
EQ Network facilitates interaction with different blockchains without the need to keep the Network Identity in mind. It identifies the source network and fixes the validation further to transfer assets and deploy smart contracts to the right network using Network Fixers.
Equinox Protocol aggregates identity and permissions of all stakeholders across the team or organization through natively developed and open source smart contract protocol and automates and distributes transaction rights among permitted wallets. Also, it facilitates decentralization of decision making by distributing governance rights among participating wallets. The inclusion of wallet Identity for giving authority to access and interact with protocol is to ensure non-transferability and equality among participating users. The addition and removal of permitted wallets are also a function of on-chain decision voting by participants.
While sending data or assets EQ Network recognize the destined address and validate it to check if it's a correct string. The non delivery of assets to this incorrect wallet address can be recycled and the assets can be recovered over EQ Network.
The transaction tagging allows users to keep records of transactions into different sub heads and each transaction incorporates a unique string to segregate and download it over EQ Network.
The subscription protocol aims to subscribe to the projects deployed using Equinox Protocol. These projects can mint their Tokens on any network and of any type and offer them to be bought by community/investors by creating Project Subscription Offer, the users in turn through a simple UI (Subscription Swap) can connect their browser wallets and buy these tokens at a price defined by the project team. These token buyers can stake these tokens on Yield Dispenser dApp which facilitates them to receive yields proportionately from the projects as and when the participating members in a project release it to the same.
dApp on top of open source protocol to create fully locked Liquidity Pools for Project tokens using Decentralized deployment technology