What is AVA Labs

[crypto1010]

Basically anyone using AVA Labs (www.avalabs.org) can deploy new or existing blockchains on the AVA platform and leverage all the features AVA offers like higher transaction speed than VISA, scalability or immutability. You can deploy a blockchain with your own rules and requirements. To showcase the power of AVA, the team has created ‘Athereum’ a mix between Ethereum and AVA.

Additionally, the platform is also capable of tokenizing and deploying assets through AVAs smart assets primitive. One of the biggest problems with the tokenization of assets is legal compliance, something that AVA is aware of, that’s why the platform can obey special covenants.

According to AVA’s website:

‘AVA democratizes financial markets and bridges all blockchain platforms together into one interoperable ecosystem.

Build your own custom blockchains or digitize any assets with arbitrarily complex rulesets.’

[Ganesa99]

AVA - is the first smart contract platform that validates transactions within a second, supports the entire Ethereum development tool and enables millions of full block producers.

[GeorgeReece]

Ava Labs is a smart contract platform that supports the full Ethereum development tool and allows millions of full block producers. It makes launching financial applications using blockchain technology simple. By joining the LACChain Alliance, Ava Labs will explore opportunities for blockchain in the region with other participants in the ecosystem, as well as accelerate the adoption of technology in the LAC.

[JacobJacob]

Ava Labs is a heterogeneous network of custom, interoperable blockchains and custom validators. It can define, launch, and maintain custom blockchains; create and trade smart digital assets; store and transfer values without the need for a centralized entity