An Interview With Syed Hasham Ali — CEO, LAN
We would like you to get to know LAN better. And today we prepared an interview with Syed Hasham Ali, LAN CEO, where he talked about modern technologies, the current situation on the market, LAN mission, and features.
Q: Let’s do a little introduction to the project first. How would you describe LAN and its main goal to an average person?
A: LAN is an advanced layer 1 blockchain platform which hosts businesses, services and consumer applications etc., in various domains. LAN will be operational on the Ethereum chain as an ERC20 token initially. Its significant layer 2 component is WASL Platform, a modular and flexible platform that supports building trusted applications and connects secured chains like Ethereum, Binance Smart Chain, Solana, Polygon, Fantom etc., designed for mainstream blockchain adoption in daily lives. Core features of LAN include: rewards, NFTs, swaps, marketplace, showcase, games, assets, payments, security, etc.
Q: Why did you decide to launch the LAN network? What problems existing today can LAN solve?
A: Blockchain overcomes various modern day problems. However, it comes with its own unique setbacks
Following are the setbacks of modern day blockchain technology
1) High transaction fee
2) Security
3) Adaptability to future technologies
4) Scalability
5) Not so developer friendly
6) Inter operability
Q: Blockchain is a promising technology of modern time. In your opinion, will it become a usual part of the average person’s everyday life? What contribution does the LAN network have to achieve that?
A: Language technology company aims to deliver the best layer 1 blockchain network LAN network with supersonic speed of transactions, minimum possible fee, and maximum real world adaptation, such as NFTs, DAOs, DApps and much more.
Language is determined to not just deliver the best of products and services in blockchain arena but also aspires to be the global leader in terms of Launch pads, secure Wallets, cross chain, P2P transactions, etc, by making sure the innovation and development of the network stays as ongoing process.
Our Vision is “To be the best and keep striving to stay ahead of the rest”, maintain the market leader position by having the edge over our competition through our 24x7 in house development team, our Innovative infrastructure is created keeping in mind the futuristic needs of WEB 3.0
Q: What is the most important thing the LAN team is working on right now? How are you making it happen?
A:1) LAN network with its robust customized data structure aims to make sure that no intrusions or online threats, hacks penetrated, its multi layer customized data structure also provides confidence to the user by continuously upgrading the security parameters as an ongoing process.
2) LAN network interacts with all Ethereum virtual machine based chains, thus solving the issue of inter operability.
3) LAN network runs on multi layered proof of stake structure, which clubs smaller transactions together in a single block, resulting in lower transaction fee.
4) LAN network has the capacity to assist multiple thousands of transactions per second, it keeps improvisations as an ongoing process to make sure, to be the market leader in terms of transaction speed.
5) LAN network uses the integration of WEB 3.0 based technologies such as “Augmented reality, Virtual reality, Artificial intelligence, Machine learning, Gaming etc.”
6) LAN network will be using the proof of stake Authority mechanism, thus making it use lighter nodes for operations, however any further requirement to enhance the nodes will be done using renewable energy sources, thus making LAN network the most environmental friendly blockchain.
7)LAN network provides user-friendly tools and tutorials for seamless development of projects on LAN network blockchain.
