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Summary of ELIS Technologies
About ELIS
- ELIS Technologies Ltd is an Ireland-based robotics and AI enterprise.
- Develops drones and systems with proprietary 3D GPS eMapping technology.
Key Features
- Produces drones for real-time geomembrane monitoring and damage detection.
- ELIS Token (XLS) is a cross-chain utility token for the ELIS ecosystem.
ELIS Token (XLS)
- Operates as ERC-20 token on Ethereum blockchain.
- Support for Polygon, Fantom, and BSC blockchains coming soon.
- Utility: enforces compliance
About ELIS
ELIS is a decentralized, open-source, and community-driven cryptocurrency ecosystem that empowers individuals and businesses to harness the potential of blockchain technology.
What is ELIS Technologies? ELIS Technologies Ltd (“ELIS”), an Ireland-based robotics and AI enterprise, specializes in developing cutting-edge drones and systems that seamlessly integrate its proprietary 3D GPS eMapping technology.
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ELIS boasts its own cutting-edge R&D and production facilities, where it manufactures drones capable of conducting real-time, automated inspections and monitoring of geomembrane integrity. This real-time measurement capability enables the prompt detection of geomembrane damage, thereby facilitating swift remedial action before any significant environmental harm can occur.
ELIS officially launched on October 18th, 2018.
Introducing the ELIS Token: a versatile, cross-chain utility token that powers the entire ELIS Hardware-as-a-Service ecosystem, redeemable for a wide range of services offered by ELIS Technologies Ltd. (denoted by its ticker symbol “XLS”).
Discover more:
https://cointelegraph.com/press-releases/elis-technologies-launches-market-for-robotics
Situated on which blockchain is ELIS located? Notably, $XLS tokens function as ERC-20 tokens, operating atop the Ethereum blockchain, with forthcoming support for the Polygon, Fantom, and BSC blockchains. Furthermore, a native cross-chain bridge solution is being developed, enabling the seamless transfer of $XLS tokens between chains while preserving their utility within the ELIS ecosystem.
What is the utility of XLS? By harnessing the power of blockchain technology, $XLS ensures cryptographically verifiable compliance with standards for 3D eMapping AI, robots, drones, and other devices. Through the issuance and monitoring of survey certificates, which are openly verifiable via a public ledger, $XLS provides an unparalleled level of data accuracy and retention, thereby setting a new benchmark for the industry.
The token serves as a motivator for liquidity providers and enables the community to exercise its voting power in shaping the future of the ELIS ecosystem, influencing key decisions that drive new product development and ecosystem evolution.
The XLS token contract is situated on the Ethereum blockchain, with its unique identifier being 0x0f2D719407FdBeFF09D87557AbB7232601FD9F29.
The circulating supply of XLS is capped at 200,000,000, although this figure is subject to potential adjustments in the future, contingent upon community deliberation and a subsequent ratification through a governance vote.
The ELIS smart contract code has undergone a rigorous auditing process by an independent security firm, ensuring its compliance with industry best practices and adherence to stringent audit methodology standards.