Introduction
The InterlockLedger is a general-purpose blockchain made for real-world applications. It is built of three layers, tightly connected and integrated:
- A Data Layer, in which data is stored;
- A Transaction Layer, by which transactions happen; and
- An Application Layer, in which applications run.
This perspective unties transactions and applications from data in a way that every transaction uses only the data needed as required, enabling greater customization, adaptability and efficiency at the same time, by avoiding unnecessary processing and storage.
In conventional distributed ledger technologies, all user applications must run their data through blockchain applications and deal with a cryptocurrency (or some other kind of token).
The InterlockLedger enables users to access their data without these intermediaries, through a web services API.
Blockchain vs IL2 application layers
Comparison between conventional DLT and InterlockLedger applications in terms of basic architecture.