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Review on Limestone Network by gregori cordova

Revainrating 4 out of 5

a super ambitious project, which seeks to connect citizens with technology in a futuristic city

As the world becomes more digital every day, there is a need to adapt to new changes, creating innovative technologies that allow people to stay connected at any time. Furthermore, with the expansion of technologies such as IOT, 5G and the advancement of artificial intelligence, nowadays the real-world approaches to the digital environment are increasingly common. In this sense, there are projects that seek to take advantage of all the advantages offered by technology, especially blockchain technology, to bring these innovations directly to people, as Limestone network intends to do, a very ambitious project based on blockchain technology whose main objective is building a fully digitized smart city in South Asia. This city would have both physical and digital infrastructures, which would allow the implementation of more third-party innovations thanks to the implementation of an open source API under the Limestone blockchain. In it, all the data of its citizens such as frequented places, favorite hobbies, articles of their preference, would be registered in the block chain and would facilitate the urban ecosystem, giving more efficiency to the daily activities of its citizens. This city would also offer its inhabitants a digital passport and a wallet in which to store different cryptocurrencies from service providers in the city, which can be spent in all available establishments, giving real use cases and minimizing the use of coins. fiduciaries on paper.

I must say that these types of ambitious projects are fascinating and represent a challenge for humanity, but today we see more frequently how technology is much more continuously associated with all projects carried out by man. Limestone has a tremendous opportunity to be one of the pioneering smart city projects in this new era of technological revolution



Pros
  • it is a highly scalable project with wide possibilities of interoperability with other blockchains
  • because all citizen data would be collected on the limestone blockchain, the quality of life would be streamlined and residents could enjoy many benefits
  • citizens will have a wallet and digital passport and can easily spend their cryptocurrencies in all establishments in the city
  • An open source API will be provided to invite more developers to join and offer services for the city under the Limestone architecture
  • The project is destined to cover more than 190,000 citizens in the city of Cambodia, with the creation of exhibition centers, shops, universities, and with the aim of becoming a financial center of reference in South East Asia.
Cons
  • The project is still in full development, and a huge investment is needed to achieve it successfully