Loom Network, introduced on October 1st, 2017, is a platform as a service (PaaS) built atop Ethereum, enabling developers to deploy large-scale decentralized applications (dApps). The primary aim is to provide application developers with smart contracts capable of accessing greater computational resources as needed, or maintaining similar capabilities at reduced costs. This flexibility is particularly beneficial for tasks like user onboarding trials or applications not mandating the full security features of blockchain. Moreover, Loom Network facilitates interaction with off-chain third-party APIs, aiming to serve as a comprehensive platform that enables smart contract developers to build applications seamlessly without requiring a switch to another programming language. Consequently, developers can effortlessly integrate their applications with external systems. Operating on Plasma, a scaling solution facilitating quicker transactions across the network, the Loom Network endeavors to enhance transaction speed and efficiency.