Lambda (LAMB) is a native token on the Lambda ecosystem, which supports multi-chain data cooperative storage, cross-chain data management, data privacy protection, and distributed intelligent computing. It enables functionalities such as Proof of Recoverability and Provable Data Possession through Lambda Chain and Lambda DB. The Lambda project focuses on data collection, transmission, storage, computing, and transactions, with its IoT-oriented system. It integrates all-time series data globally, allowing data owners to sell their data through smart contracts in the marketplace. Lambda also offers storage space renting services and verification services for data integrity, facilitated by its storage miners and validators. Lambda was founded by a team of Chinese entrepreneurs and software developers, including He Xiaoyang, Li Monan, and Bingquing, who are also associated with OneAPM.
