TI Rating Report: LEDGIS

LEDGIS is a blockchain platform using DPoSS (Delegated Proof-of-Stake & Service) consensus mechanism and can be applied to both public and private chains. It aims to provide a blockchain platform in the era of data sovereignty based on data personalization infrastructure, DID (Decentralized Identifier), and IDH (Decentralized Data Encryption Storage/Sharing Solution).

DIDH (Decentralized Identity Data Hub) is the core technology of LEDGIS. It is a methodology for returning the sovereignty of data from the platform operators to the original owners of data. LEDGIS mainnet was officially launched in September 2019, and certain DApps are now available on it, including LEDGIS NFT, Lemonade Protocol, Real Collection, etc.

$LED is the governance and utility token deployed on LEDGIS Chain, LEDX. It allows staking and could be used as a payment method when purchasing services in DApps within the LEDGIS ecosystem, and it's possible for the participation of voting as well as a delegation of authority.

TokenInsight gives LEDGIS a rating of CCC, with a positive outlook.