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iOlite

Anyone Can Write Smart Contracts

iOlite is an open-source, blockchain and machine learning platform, that will allow anyone to write smart contracts, using any language, natural or programming. The platform is developed with the purpose of bringing more mainstream users, commercial and non-commercial, to start using blockchain technology. iOlite tokens will be used to compensate contributors in the iOlite network that help with the machine-learning process: each text parsing suggestion that is accepted by the iOlite Fast Adaptation Engine (FAE), will be compensated with iLT tokens. In addition, authors will be able to share their smart contracts with other iOlite ecosystem members, for fees in iLT tokens.

3.1
7 6 expert ratings
Benchy 3.4
Experts
2.9
3.5
2.5
View rating distribution
~$2,226,746
value of tokens sold in ICO
Ended
Token
iLT
Price in preICO
1 iLT = 0.01768 USD
Price in ICO
0.0221 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, Singapore, China, Vietnam, Hong Kong, Canada, Japan, Korea
preICO start
20th Mar 2018
preICO end
10th Apr 2018
ICO start
12th Apr 2018
ICO end
1st May 2018
More on ICO
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About iOlite

iOlite — Create Smart Contracts With Natural Language
iOlite is a product which focuses on the mass adoption of smart contract technology by providing an easy to use engine which is capable of understanding natural language to be compiled to smart contract code. iOlite is the ideal solution if you don’t want to spend time learning, instead just start creating smart contracts.

iOlite is based on the research done at Stanford University. They invented the FAE (Fast Adaptation Engine), which is capable of converting natural language or any other desired programming language into smart contract code. The FAE is not just straightaway translating your input to code. The FAE depends on contributors (smart contract experts) that are able to define structures containing language expressions. Furthermore, these structures are tied to smart contract code they write. This allows the engine to browse the structures to find the right expression so it can compile the desired smart contract. Whenever a structure is used, a contributor gets iOlite tokens rewarded.

iOlite relies on the community to make the FAE successful. The FAE helps them by applying Machine Training techniques to help it learn and adopt new structures more easily.

iOlite Labs is currently focusing on Ethereum smart contracts with Solidity as there is a massive need.

What this means is that not only can programmers (in formal languages such as Python, C, JavaScript, etc.) immediately use their existing skills to write smart contracts, but also average people with no programming knowledge whatsoever, can just as easily start developing with natural languages like English. iOlite is dissolving the existing technical learning boundaries for creating smart contracts.

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