iOlite
iOlite
Token: iLT


Bridging the Gaps

ICO dates
Start date: 2018-02-23
End date: 2018-03-16

Registrated in: Estonia

Platform: Ethereum
Type: ERC20

PREMIUM ICO

https://www.iolite.io/ Screenshot
iOlite categories
Software Platform Legal Infrastructure Education Artificial Intelligence
iOlite token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries No
Acceppting ETH
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Random whitepaper excerpts

Bridging the gaps with Iolite blockchain
Figure 2.
How blockchain technology could be used [9]
1. Introduction
Blockchain technology is a very important innovation
engine in todays industry. It is driven by security
and freedom. It is a decentralized form or records
that eliminates borders and connects people around
of world. The system of economics on which crpyto-
currency is based, i.e. blockchain, has attracted many
technology evangelists. Furthermore, Ethereum, the
most popular blockchain for DApp (see Figure 3), is
a special case that has motivated our team to bring
new and advanced solutions. The heart of Ethereum
technology is smart contract[3]).
”Smart contracting ’technology could reduce
banks infrastructure costs attributable to
cross-border payments, securities trading and
regulatory compliance by between $15 20
billion per annum by 2022’” Santander, The
Fintech 2.0 Paper: Rebooting Financial Ser-
vices, 2015

Bridging the gaps with Iolite blockchain
We want to take the ICO idea of crowd-funding to cre-
ate crowd-based efforts for developing/extending lan-
guages. We wish to motivate people to write new
dictionary structures to better understand formal lan-
guages and thus machines.
Part of the IoLite vision is to make blockchain data
valuable and reuse it, not only for block confirmation,
but also as valuable knowledge. The FAE engine not
only provides easy access from different languages to
write smart contract, but actually creates a pool of
vocabularies/solutions for
naturalized
interfaces.
Imagine a mobile developer attempting to create an
application to manage a robot-controlled parking lot.
She can go to the IoLite blockchain and check if such a
robot naturalized interface exists (FAE), and if so, she
can take the SDK and implement it. It is like a Google
translator API. IoLite contributors will obviously want
to extend such interfaces, ...

Bridging the gaps with Iolite blockchain
Android play market: publishing server, IDE, tests,
Google tools, etc.
The Google team created a full ecosystem that has ev-
erything required by developers to create and manage
applications on the Google market. Doing the same for
blockchain technology is extremely difficult, and we fo-
cus on how our IoLite solution can be easily integrated
in existing markets as well-defined and self-contained
plugins in most popular IDE solutions.
1.2. Blockchain
IoLite is a blockchain technology and, as such, it faces
all the challenges of such systems. IoLite is an innova-
tive solution that is motivated by major achievements
within the machine learning industry. The advanced
FAE engine, keeps its data in blockchain and expands
based upon collaboration algorithms. Our primary
goal is to make our blockchain not only a financial
platform, but to actually enrich it with valuable infor-
mation about languages and user char...

Bridging the gaps with Iolite blockchain
Figure 5.
this languages for writing smart contracts. How easy
is it to adapt these languages for writing smart con-
tracts? Consider EVM2 eWASM as a WASM model
which was initially proposed to support compiled lan-
guages like C/C++. This appears to be a potential
solution. However to solve this problem as a low-level
bytecode format is no simple task.
Lets start with Python. Since Python is a dynami-
cally typed language, this would only be possible if the
assembly program would use a runtime environment.
To make this happen we need to use modules such
as PyPy, which has very restricted form. Also, lan-
guages that support lambda calculus[29] or automatic
memory management cannot be compiled directly to
assembly.
The World Bank[25] predicts that crowdfunding in-
vestments will be a $96 billion-a-year-market in devel-
oping countries by 2025[26].
The biggest problem with crowdfunding is trust, an

Bridging the gaps with Iolite blockchain
alternatives.
The work of Sida et al. [28] shows that user can natu-
ralize the core language incrementally by defining al-
ternative, more natural syntax and increasingly com-
plex concepts in terms of compositions of simpler ones.
In their work, they define Voxelurn (and we suggest
adapting this code[32], [33]).
All users share one language starting from DAL
(Dependency-based Action Language). The language
composes actions using expressive control primitives
such as if, for each, repeat, etc. Actions take sets
as arguments, which are represented using lambda
dependency-based compositional seman-tic (lambda
DCS) expressions.
The goal of the user is to build a structure in Voxelurn.
Voxelurn uses definitions, in addition to selecting can-
didates, to serve as the supervision signal. Each defi-
nition consists of a head utterance and a body, which
is a sequence of utterances that the system under-
st...

Bridging the gaps with Iolite blockchain
There is another issue that must be mentioned. Any
user using the system in a malicious way would be
identified, and if she passed KYC, she would not be
permitted to participate in foundation plugins. All
structures would be dropped from the codebase, and
plugins would mark usage of this code as unsafe. From
the system perspective, when a user writes code and
base collection cannot solve the syntax, it will perform
a look-up in the staging collection (code that is pro-
vided by contributors).
The part of code that was parsed well with the base
collection would be marked correct (of course the ap-
plication itself must pass unittests collection, but syn-
tax would be defined as correct). If user code will
not solve the text, it will perform a look-up in the
staging code (code that is provided by contributors)
and it will bring the solution from the top 10 con-
tributors. Of course, this means that a new contrib-

Bridging the gaps with Iolite blockchain
green (the color here represents the level of trust),
staging structures will be yellow and author infor-
mation will be available on line. If a parser fails,
it will instruct the user that this part of the code
failed and no alternatives were found.
For more details check Figure 7 Algorithm 1
If user code cannot be parsed, the system will propose
a solution based on a learning system. If user agrees,
he must become a contributor (refer to Section 2.4).
When a user completes a smart contract, she will be
able to simulate publishing and identify:
1. Cost of the smart contract, including fees for code
contributors (fees would be very low).
2. Simulate a smart contract triggers to check if code
is correct. The user can create a list of events used
by the smart contract and check results. Simula-
tion cost is zero, only publishing will require fees.
2.4. Iolite contributors
The heart of the IoLite blockchain is it...

Bridging the gaps with Iolite blockchain
6. Each time a new smart contract has been pub-
lished in blockchain which has used contribu-
tor structures, contributors will be rewarded and
their structure rank will increase.
7. If the structure rank passes the threshold, it will
be submitted for review by a foundation engineer.
8. If it is approved in review, new structures would
be integrated in the base tree.
During FAE development other options such as
DAG
[38] would be reviewed.
3.1. Blockchain collaboration method
2.4.2. Contributor account creation:
1. If the contributor is new, the system will generate
tasks for her, the moment her account is created.
2. The user will be required to write a smart contract
that will trigger events that enable the next step
in registration.
3. After a user has passed the smart contract test
(only engineers who understand smart contracts
can be contributors), the user would be required
to pass a...
Alfred Shaffir
Alfred Shaffir Co-Founder, CEO

Dmitry Kuzminov
Dmitry Kuzminov Co-Founder, CTO

Vladyslav Makarian
Vladyslav Makarian Smart-Contract Expert

Artem Gorbachev
Artem Gorbachev Blockchain Expert, PHD

Shlomit Avni
Shlomit Avni Business Development

Nir Blumberger
Nir Blumberger Community manager

Hosam Mazawi
Hosam Mazawi Marketing, Crypto-Business

Michiel Mulders
Michiel Mulders Content Strategist

Yoav Schumacher
Yoav Schumacher UI/UX Designer

Stas Oskin
Advisors Stas Oskin Advisor

Sebastian Stupurac
Advisors Sebastian Stupurac Advisor

Richard Kastelein
Advisors Richard Kastelein Advisor

Marek Herm
Advisors Marek Herm Advisor

Liraz Margalit
Advisors Liraz Margalit Advisor

Frank Frausto
Advisors Frank Frausto Advisor

Erik Alberts
Advisors Erik Alberts Advisor

Frank Frausto
Frank Frausto
Advisor
Vice President of Digital Marketing
Marek Herm
Marek Herm
Advisor
Attorney at Law & Tax Counsel
Richard Kastelein
Richard Kastelein
Advisor
Communication Advisor
Publisher, Entrepreneur, Tokonomist
Publisher and Founder at The Blockchain News
Blockchain News Publisher
Leading Crypto-News Writer, Founder of Blockchain News
Founder, Blockchain News Writer, Publisher, & Entrepreneur
Blockchain Media Advisor
BLOCKCHAIN NEWS PUBLISHER
Co-founder of Initial Coin Offering (ICO) company CryptoAsset Design Group
Project Ambassador
FOUNDER OF BLOCKCHAIN NEWS
Founder of the Blockchain News
ICO Advisor
Sebastian Stupurac
Sebastian Stupurac
Advisor
STRATEGY ADVISOR
Project & Product
Community Advisor
Project & Product at WINGS DAO
Blockchain Funding Expert
ADVISOR
Stas Oskin
Stas Oskin
Advisor
TECH ADVISOR
BizDev and Core Dev
Blockchain Expert
Advisor
Michiel Mulders
Michiel Mulders
Content Strategist
Stellar Expert
Hosam Mazawi
Hosam Mazawi
Marketing, Crypto-Business
ICO Advisor
MARKETING AND BUSINESS DEVELOPMENT
MARKETING AND BUSINESS DEVELOPMENT
Nir Blumberger
Nir Blumberger
Marketing & PR
Nir Blumberger
Nir Blumberger
Community manager
COMMUNITY
Artem Gorbachev
Artem Gorbachev
Blockchain Expert, PHD
Math Model Developer