Lambda Continues Successful Partnership with IOST Advocating a More Decentralized Blockchain Application and Data Storage Services

- Lambda, a decentralized infrastructure startup providing unlimited data storage on the blockchain and for the Internet of Things, announced its successful partnership with IOST, an innovative and secure blockchain paradigm designed to provide horizontal scalability and high transaction throughput for a future sustainable blockchain ecosystem.

IOST is building an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of a decentralized economy. Through its powerful consensus algorithm “Proof-of-Believability,” IOST enables next-gen transaction throughput speeds while ensuring nodes stay compliant, using factors including IOST token balance, reputation-based token balance, network contributions and user behaviors.Additionally, IOST aims to provide a platform for third party developers, creators and enterprises by effectively developing community-owned networks.

The partnership between Lambda and IOST provides secure and scalable transaction ability and storage service, resolving the trust issue between users and the storage side through verification and consensus of a distributed node.

“Lambda and IOST both strongly support that storage plays a vital role in blockchain projects,” said He Xiaoyang, founder of Lambda. “Lambda and IOST teams are collaborating to ensure that IOST operates securely and efficiently within the infrastructure platform created by Lambda. We are honored that IOST has become Lambda’s most prominent partner in the technical public blockchain domain.”

“Our partnership with Lambda will motivate IOST to develop into a larger scale application level blockchain. The two parties will jointly ensure the storage integrity of blockchain,” said Jimmy Zhong, co-founder and CEO of IOST. “We are thrilled to designate Lambda as a strategic partner providing us with a robust, distributed storage service as we explore new frontier in blockchain.”

Together, Lambda and IOST are strategically ensuring the growth of decentralized applications on the blockchain and developing a sustainable blockchain ecosystem for the future.

About IOST:

​IOST is a blockchain application platform developed for online service providers, backed by Sequoia, Zhen Fund and other global front-line dollar investors. Led by a team of proven founders and backed by world-class investors, our mission is to be the underlying architecture for the future of online services.

About Lambda:

Lambdais a fast, safe, and scalable blockchain infrastructure project, which provides decentralized applications (DAPPs), data storage capabilities with unlimited scalability and fulfills services such as multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession (PDP), and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB. For more information, please visit http://www.lambda.im.

For more information, please visit and follow Lambdafor real-time updates via its website (https://www.lambda.im), Telegram (https://t.me/HelloLambda), Twitter (https://twitter.com/Lambdaim), Facebook (https://www.facebook.com/Lambdaim), and LinkedIn (https://www.linkedin.com/company/lambdaim).