04/08/2018, 10:51:38 am
06 July 2018
Loopring Protocol is responsible for the creation of the NEP-5 LRN token which is a utility token that fuels those backend transactions on the network. Loopring Protocol is an agnostic protocol network that is driven by blockchain technology.
Individuals can engage in cryptocurrency trading in a trustless, anonymous and secure way by directly authorizing orders right from their respective wallets through the use of their private keys.
The Loopring infrastructure has been set up for the cyber-economy which is one that will have both humans and Artificial Intelligence (AI) agents freely interacting, engaging in value transfers, economic activities, and exchanges under a decentralized ecosystem.