The latest smart contracts platform Lisk is gaining popularity as an alternative to Ethereum. Since its successful crowdfunding campaign which helped the platform raise over 14,000 bitcoin, the platform has made some rapid progress in terms of development and strategic partnerships.

Lisk cryptocurrency platform is powered with LISK cryptotokens and these tokens can now be traded on multiple cryptocurrency exchange platforms. In recent news, Lisk platform announced the inclusion of LISK cryptotokens into seven new exchanges, which brings the total number of exchange supporting LISK to 18. The list of new platforms includes Yuanbao.com, Jubi, BitBays.com, Touzibi.com, Livecoin.net, BitBay.net and ChameleonBit.

Lisk is a decentralized applications and custom blockchain platform that allows developers to create blockchain based applications using full stack JavaScript programming language and hosting it on custom side chains. Creating decentralized applications on Lisk is a three step process that involves coding, deployment, and use. A wide range of APIs made available by the platform makes the whole process of development much simpler. In the coming days, the platform intends to introduce Lisk VM to offer an added layer of safety and security to the applications.

In order to keep up the momentum, Lisk has been actively recruiting developers and evangelists across the world. The platform already has Lisk ambassadors promoting its use in multiple countries.

In a statement, the CEO and co-founder of Lisk Max Kordek says,

“We recognize at Lisk that blockchain applications are automatically global. Therefore, we made the rapid globalization of our developer community and exchanges an immediate priority. We are pleased that the Lisk message of scalable blockchain applications using sidechains and the ability to port over existing programs written in JavaScript has been so well received.”

Applications built on Lisk are supported on multiple platforms. It can run on a wide range of systems ranging from the high-end VPS to low end devices like Raspberry Pi and Odroid, making it an ideal platform for projects on the Internet of Things. It can be used as a Blockchain as a Service platform to operate on Azure VPS, Google Cloud, Digital Ocean and Vultr. If that’s not enough, developers can also use their Raspberry Pi to build a custom BaaS in their homes.

The ease of development, hosting and potential uses helps Lisk gain an advantage over existing smart contracts platforms like Ethereum, RootStock and Counterparty. The future growth potential of the platform combined with increasing trading opportunities for LISK cryptotokens offers a promising future outlook for the platform.

Ref: Finance Magnates | Image: Lisk