Elastos is a decentralized SmartWeb platform that enables users to truly own and monetize digital assets. By integrating blockchain, decentralized identity (DID), and peer-to-peer networking, it ensures secure data ownership. Elastos combines Auxiliary Proof of Work (AuxPoW) and Bonded Proof of Stake (BPoS) for enhanced security, leveraging Bitcoin’s hash power. The platform supports dApps and a token-based economy, redefining digital property rights.