Lydions are a new digital asset format that identify and extract the latent value and utility of enterprise data.
Lydion® applications use patented Transactional Proof-of-Work to turn your data into monetizable Lydion assets—utilized and transacted by you and your customers to solve critical business problems and generate new income streams.
You retain complete control and ownership of the data used to create your Lydions, regardless of how they are used.
Lydions are powered by your data and don’t require cryptocurrencies or other underlying economic tokens to have value.
At the same time, Lydions interface seamlessly with all Web3 Layer 2 and traditional financial networks.
In these highlights from DECO’s 2022 Investor Presentation, founders Jennifer Hinkel and Arka Ray detail the current traction that Lydions are seeing in-market, the science and technology powering Lydions, and the Lydion-products that DECO will be revealing in 2022.
The unique features of Lydions let them solve problems that traditional, cloud-based client-server systems cannot. Lydion-based applications enable:
Vaults: Lydions are managed in private, secure Vaults controlled by data generators/owners.
Persistent Data Ownership: The data producer owns and controls the data in a Lydion, even after repeated uses.
Transaction History: Lydions store and recall every transaction in which they have been utilized.
Value Appreciation: The more a Lydion is used, the more (provably) valuable it becomes.
Decentralization: Lydions are managed by fully decentralized apps, giving every user visibility and input on every transaction.
Zero-Knowledge Proofs: Lydions can prove the value and utility of the data they contain without revealing the data itself.