Introduction
Arthur Labs — The Blockchain built for the internet
Abstract
Most people believe Arthur Labs is developing just another Real World Asset (RWA) blockchain. However, Arthur Labs is building a suite of systems, applications, and a blockchain with smart contract standards to facilitate the means of exchanging physical products, services, and deliveries.
Firstly, Arthur Labs is building out a suite of tools, which will be referred to as systems inside of this document. The first tool is called DEAN, a Digital Bazaar Factory. There are additional tools explained in the same section.
Second, Arthur Labs is building a dedicated blockchain for these systems, which aims to be a hallmark of blockchain innovation. This blockchain is named (The) VAULT. All tools provided by the labs are open source and accessible to developers and entrepreneurs in this blockchain.
A unique feature of this blockchain is its oracle validator model. This model allows for verification of the authenticity of the exchange, which provides the assurance of authentic agents inside the VAULT.
Third, Arthur Labs is publishing open-source standards of its smart contracts prepared as standards to be legally binding for its users and entrepreneurs.
Currently, Arthur Labs has developed out the commerce, service, and delivery contract factories that help developers and entrepreneurs deploy their businesses into Web3, reaping the advantages of authenticity and transparency that their corporate oligarchical competitors fail to provide.
Finally, Arthur Labs intends to provide a series of decentralized applications into its blockchain that helps abstract the information that blockchain fundamentally have such as account abstraction, tools, gas-less experiences, simple sign-on features, and FIAT payments.
Tools and Systems
Arthur Labs has developed a comprehensive suite of tools designed to revolutionize how entrepreneurs and developers build and scale digital marketplaces. At its core, these systems automate the creation of two-sided bazaars and marketplaces through configurable components that can be deployed with either Web2 or Web3 functionality, depending on the builder's requirements.
Through a unified global onboarding form, any entrepreneur can initiate the marketplace generation process, selecting their preferred blockchain infrastructure or traditional web architecture. Each marketplace can be configured for commerce, services, or delivery operations, enabling rapid expansion into various market segments.
The system's primary advantage lies in its dramatic acceleration of development and deployment timelines. What traditionally takes 6-12 months can now be accomplished in days, significantly reducing the barrier to entry for new market participants.
Blockchain
Arthur Labs is planning to build a standalone and independent blockchain for these new markets. By building an exceptionally low gas fee and fast processing network, various new marketplaces, bazaars and online stores can come into existence.
This aims to be a WASM and Solidity accepted blockchain, with various resources and boilerplates to accelerate development time to test, debug and launch a product seamlessly.
Using a unique PoS validation mechanism with an oracle validator model that is incentivized to verify and publish the completion of transactions and real world exchanges. Users can earn additional tokens for self verifying the completion of the service and publish this as receipts.
Contract Standards
Above the blockchain lies a series of contract standards to ensure trade agreements are treated as legally enforceable. As of November 30th 2024, Arthur Labs has approximately a dozen smart contracts that are ready for testing and usage. These include multiple Factory Contracts (which generate contracts through tailored user inputs), for selling goods, purchasing goods, and payment proxy agreements when sellers fulfill provide physical delivery receipts for their commerce.
The remaining include RWG contracts, RWS contracts, and RWD contracts. As Arthur Labs continue its development for these contracts, these boilerplates will remain open source and publicly accessible in Solidity and Rust through authorized organizations GitHub repositories.
Layered Applications
Going beyond the contract standards are the built-in and free to use (excluding gas fees + various transaction/exchange fees) dApps. The following is just a few applications planned for development:
- Wallet Provider: The essential tool for consumers and token holders to be able to interact in Arthur Labs.
- Account Abstraction: This stores and provides consumers an easy to access wallet connection. Node providers inside will receive a sharded piece of the wallet, so the accounts are held encrypted on chain in fragments so that no other user or provider can access the consumers wallet.
- Fiat to token bridge: Arthur Labs additionally will provide a liquidity pool that lets user pay in their native currency, and the pool will facilitate the on chain transaction.
- Gas providers: Some dApps across Arthur Labs may be interested in using a tool in which the marketplace, or platform covers the transaction fees on behalf of the user for a more seamless experience.