LIOS Platform (LIO) - Hypertranslation Platform bolstered by Blockchain
LIOS Hypertranslation Platform will transform the way freelancers, consumers, employers, governments and the world at large handle linguistic translation services. From the need to have a document, interview, resume, government issued document(s), etc, to the ways in which these tasks will be recorded, payed for, and rebroadcasted in other languages, is getting a complete overhaul. The very core of the Global Translation Industry is getting reworked. It’s getting centralized inside a decentralized world. You see, there really is no “Translation Industry” in the sense of a group of companies big and small banding together to share business data across unique platforms, which will ultimately provide insights into how the companies are performing by benchmarking each other against an average. That is until now, please allow me to introduce, the LIOS Platform. The LIOS Platform seeks to disrupt an industry that hasn’t even been born yet. I guess the LIOS Platform would be more like interrupting, not disrupting, a sleeping industry that operates mainly by freelance workers and is paid for in a multitude of differing currencies from around the world. Over 100,000,000 million people come together every year with the skills and needs that are without a non-proprietary way of handling the never-ending number of languages around the world. A parent company called Systran, will build the LIOS Marketplace, which will be built on top of Ethereum, where consumers, contributors, producers can come together to negotiate and purchase digital translations, future translation contracts and other linguistic related products, all without the need for a supervisory third party to verify or regulate the transactions. Let’s get more into the technology that makes LIOS Platform so transformative for the Linguistics Industry.
LIOS stands for Linguistics Intelligence Open Source and is being actively developed by Systran and another company called 4i. The two companies together boast industry experience of over 75 years combined. Systran has been a market leader in OpenMT and its branch, OpenNMT Technology, for the last 50 years and pretty much wrote the book on neural networks in reference to translating and other linguistic technologies in the deep learning realm. OpenMT stands for Open Machine Translation and OpenNMT stands for Open Neural Machine Translation, with the later dealing strictly through and with Artificial Intelligence data derived directly from translation cooperatives. In fact, a new Artificial Intelligence Platform will be born. One that combines Artificial Intelligence translative technology laced with Blockchains immutable Distributed Public Ledger, which will enable fair compensation for each and all participants, featuring an efficient model of sharing information and resources, which ultimately will create a futuristic and open industrial crypto ecosystem that has never been seen before.
The ICO will feature the LIOS Token, which will be the grease that lubes the OpenNMT based linguistic transactions, that will be taking place in the LIOS Marketplace, created by Systran, which will be run with the LIO cryptocurrency. LIO is the payment unit and surname of the cryptocurrency that operates inside the LIOS Platform. LIO provides a means of payment, producer compensation, and tow way exchange of all transactions that take place in the LIOS Marketplace, while sustaining and expanding the entire LIOS Platform.
With abundant scalability the management of copyrights, IP ownership, fair distribution of revenue generation and technology that limits power from streaming into just one main company, which indicates monopolistic practices, from occurring. These problems are solved by Systran when they created an Ecosystem entrenched in Blockchain, SaaS and OpenNMT, in which all three aspects act as separate layers of the LIOS Platform and shape the data into Artificial Intelligence wrapped morsels. The LIOS Marketplace offers technology fused DAPP’s which specialize in digital content trade, application development and review, enhanced artificial intelligence grounded SaaS infused into already existing IOT language technologies. All these technological elements combine to form a hyper-connected crypto network which creates synergy as it interacts with consumers through the use of AI.
The problem that Systran is facing has been around for twenty-five years, they just have never before been tackled all at once by an individual companies' expertise. Mainly problems with unfair business practices that limit freelance pay, information being unequally spread across borders, linguistic limits acting in parts of digital contents, inaccuracy of machine translations, and low productivity of human translation efforts, biased human based hard copy infrastructures, the inevitable limitation placed on available resources like proprietary technology, big data computing power, knowledgeable industry experts, and lastly the revenue generated has been going to a small group of insider dominated firms. How does Systran solve these problems you ask??
When Systran builds the LIOS Platform and the LIOS Marketplace is born, these problems will be systematically eliminated as the introduction of Blockchain Technology takes over and provides transparent, immutable AI driven data to the newly created LIOS Platform. Over time, consumer trust will forge the bond needed for the new Ecosystem to sustain itself and grow accordingly. Time is all that is needed for this tree to grow. Just add the water of AI data proliferation and watch the miracles happen. Just remember to wait 30 minutes before swimming after eating on the Blockchain courtesy of Systran, 4i and their baby, the LIOS Platform.
