Loom Network (LOOM) تبادل

What is Loom Network?

Loom Network is a distributed platform that optimizes data storage and its exchange across healthcare and governmental organizations. It strives for bringing the data on-chain to increase the speed, efficiency, and security.

Originally, LOOM cryptocurrency has been designed as a scaling solution for Ethereum. Still, this strategy was declined as a not optimal one. The first version of LOOM was launched in 2018; the second one was created in 2020.

LOOM takes the 328th position in the Coinmarketap’s list with a market cap of $26MМ. The current price of LOOM is about $0.025. It hit its all-time high of $0,77 in May 2018.