WHAT KIND OF BUSINESS IS LOCUS CHAIN PREPARING FOR?
Locus Chain will be used as tools of transaction and authentication for various industries such as medical, shopping, IoT and public sectors starting from energy and communication business. Locus is conducting the business activities for it that using the Locus Chain as a based-technology to constitute Smart City. In fact, the business department has signed a strategic alliance contract with TEC, the organizer of the Tunisian Economic City Project, which is the largest new city construction project in the Mediterranean, and the block-chain platform Locus Chain will be applied as a settlement currency and service platform in various industries such as finance, communication, medical, shopping, autonomous driving cars, AI, etc.. After constructing and verifying these local smart cities, Locus is aiming to create a smart world by gathering these various city plans. Details can be found in the white paper on the official website.