Chapter 1: Executive Summary

1.1 Project Overview

LQDTY is a transformative Layer 1 blockchain platform designed to redefine the blockchain ecosystem by addressing critical usability, scalability, and compliance challenges. Built on cutting-edge technology, LQDTY delivers gas-free user transactions (paid by sponsor), biometric security, and robust support for decentralized applications (dApps). This innovative approach shifts transaction costs from end-users to developers, enabling a frictionless experience while fostering widespread adoption.

With its unique fee structure that shifts transaction costs to smart contract deployers, LQDTY enhances the user experience while driving dApp innovation. The platform leverages Proof-of-Stake (PoS) consensus for secure, decentralized validation and supports both decentralized finance (DeFi) and tokenized asset ecosystems. Additionally, an optional biometric layer provides advanced identity verification where needed, further enhancing security and trust in critical transactions.