L3COS (Level 3 Consensus Operating System) is an algorithm for digitising processes based on Blockchain, which has a three-level structure and is distributed as Platform as a Service for state bodies and businesses. The algorithm is based on the blockchain, in which any decision made at any of the levels will become part of the common chain. The technology involves a three-level framework that provides national governments, businesses, and private individuals with the tools to create a digital economy that does not allow fraudulent activity, financial or otherwise.
L3COS (Level 3 Consensus Operating System) is an algorithm for digitising processes based on Blockchain, which has a three-level structure and is distributed as Platform as a Service for state bodies and businesses. The algorithm is based on the blockchain, in which any decision made at any of the levels will become part of the common chain. The technology involves a three-level framework that provides national governments, businesses, and private individuals with the tools to create a digital economy that does not allow fraudulent activity, financial or otherwise.
== History == Work on the “three-in-one” algorithm was started in 2013 and completed in October 2019. Founder and CEO of the project is Zurab Ashvil, a PHD in Cybernetics and Applied Mathematics, who was previously an executive of the Softbank Capital. The official launch of the algorithm was held at the World Economic Forum in Davos from 21 to 24 January 2020. Over the first eight years, more than $65 million was invested in the company.
Discovered by embedding cosine similarity (sentence-transformers MiniLM, 384-dim).