[ANN]⭐️Root Blockchain⭐️ - Blockchain as a Service
ROOT BLOCKCHAIN
The First Hybrid Blockchain with Flexible Option- Blockchain as a Service
ICO is LIVEWEBSITE / WHITE PAPER / TWITTER / FACEBOOK / TELEGRAM CHANNEL / TELEGRAM CHAT / LINKED IN / MEDIUMOfficial RootBlockchain Bounty campaign: 100 000 000 RBC Tokens (~$3 000 000 USD) are waiting for you!
https://bitcointalksearch.org/topic/ann-rootblockchain-bounty-program-3016577
Official RootBlockchain Airdrop: 10 000 000 RBC Tokens (~$300 000 USD) is closed now. Thanks for actively participating.
https://bitcointalksearch.org/topic/airdrop-root-blockchain-1000-rbc-worth-30-15000-participants-limit-3107622
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ICO CAPS
Softcap: $1 000 000 USD
Hardcap: $30 000 000 USD
ICO: March 1st - June 31st
Phase 1 : March 1st - March 31st | Price : $0.01 | Bonus : 6%
Phase 2 : Apr 1st - Apr 30th |Price : $0.02 | Bonus : Visit website
Phase 3 : May1st - May 31st | Price : $0.03 | Bonus : 2%
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Other Languages(Links will be updated after the translation):
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PROBLEMS
______________ The current blockchain craze is causing an acute sense of FOMO amongst new and established businesses. The major causes of anxiety are:
1. Complexity – Blockchain technology involves an enrely new vocabulary. It has made cryptography more mainstream, but the highly specialized industry is chock-full of jargon.
2. The Blockchain size – The size of the blockchain is a problem because the full node will have to store all the transactions that ever happened on the blockchain. This directly affects the speed of operations on the blockchain.
3. Transactional data size – This will add to the blockchain size as well as increase transaction costs.
4. Prohibitive cost – Everyone wants to adopt blockchain technologies, but its cost prohibits many of us from doing this.
5. Confusion of beginning – The major drawback of blockchain is Confusion regarding where to begin, primarily how to integrate blockchain into an exiting IT infrastructure.
SOLUTIONS
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Root Blockchain aims to solve these problems with a unique offering - Blockchain as a Service (BaaS) - the first hybrid blockchain with multiple flexible options.
It is a known fact that the cost of transactions on BitCoin are rapidly increasing to a point when they will ultimately become economically unviable. At the same time, the time taken for a transaction to get confirmed has also increased. This is just one example of what ails the current blockchain solutions in the market.
Root Blockchain makes it easy for businesses to get started with blockchain. Flexible business models, coupled with a well-documented API and low costs enable businesses to easily plug the Root Blockchain into their existing setup and start reaping the benefits of blockchain technology. In addition, Root Blockchain offers multiple layers of data security and privacy that a customer may opt for.
Root Blockchain unique offering:
1. Resolve complexity via Blockchain as a Service (BaaS) – Root Blockchain offers the first hybrid blockchain with flexible opons for both enterprise and retail customers. This segregaon will make it quite easy.
2. Resolve the blockchain size – Root keeps the blockchain size small by using a unique mechanism - only cryptographic hashes of the transaction data are stored in the blockchain.
3. Low transaction cost – Storing the actual data is optional. Since a transaction cost is directly proportional to the volume of data, by not storing data, a user can keep their transaction cost low.
4. Keep data confidenal – This is also useful if the data is confidenal in nature and the user does not want it to be publicly available.
5. Resolve transaction data size – Root Blockchain is completely API driven, which means that businesses can reap the benefits of blockchain technology without the accompanying complexity and costs involved. Simply connect your exisng business to the Root API and get going.
6. Secure vault – If the user requires to upload data along with the transaction, the Root Blockchain is integrated with a secure vault for the encrypted storage of digital assets.
7. Low costs enable businesses – Root Blockchain makes it easy for businesses to get started with blockchain. It easily plugs into exiting setup and start reaping the benefits of blockchain technology.
8. Efficiency – Root Blockchain employs a unique mechanism to increase the speed of transaction confirmaon on the blockchain, while at the same me keeping the costs low.
9. Storage facility – Only digital fingerprints of the actual transactional data are stored in the blockchain. Storage of the actual data itself is optional. If data storage is opted for, Root Blockchain provides a separate secure digital vault for encrypted data storage.
HOW IT WORKS
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Root Blockchain employs a unique mechanism to increase the speed of transaction confirmation on the blockchain, while at the same time keeping the costs low. Only digital fingerprints of the actual transaction data are stored in the blockchain. Storage of the actual data itself is optional. If data storage is opted for, Root Blockchain provides a separate secure digital vault for encrypted data storage.Introduction Video:
MUTIPLE BENEFITS
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1. Because only small digital fingerprints are actually stored in the Root Blockchain, the overall size will be much smaller compared to other blockchains and consequently, speed of operations on the Root Blockchain will be much faster. This in turn means that businesses can take advantage of a faster feedback loop for their transaction confirmation.
2. Since ultimately the users of a blockchain pay for storage, by making storage optional, Root Blockchain provides its users with a way to reduce their overall costs. This has an added benefit that a business may choose to keep confidential data within its physical boundaries while at the same time taking advantage of the provenance and veracity of data that a blockchain has to offer.
BUSINESS MODELS
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1. Private Blockchain - Customers may choose to have their own dedicated blockchain, where only their transactions will reside.
2. Consortium Blockchain - A private blockchain for two or more parties. Consortiums are ideal for linking customers and vendors.
Secure, encrypted data storage is provided as an optional feature. This is linked to, but physically decoupled from the actual blockchain. The entire Root Blockchain offering is wrapped in an API layer which ensure that businesses can easily be up and running in a minimal time frame.
ROADMAP
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ROOT team is dedicated to keep the promises made and that is why we have started our development work even before ICO started.
TOKEN DETAILS
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. | Token name: | RootBlockchain Token |
. | Ticker: | RBC |
. | Type: | ERC20 (Ethereum Blockchain) |
. | Total supply: | 2 500 000 000 RBC |
. | Softcap: | $1 000 000 USD |
. | Hardcap: | $30 000 000 USD |
. | Token Sale: | March 1st - June 31st |
. | Accepted purchase: | ETH |
. | Price: | 1 RBC = $0.01 - 0.03 USD |
. | Country: | India |
TOKEN ALOCATION
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FUNDS DISTRIBUTION
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TOKEN SALE
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THE ROOT BLOCKCHAIN ICO - Root Blockchain will be launching a phased ICO from the month of March, 2018. The goal of the ICO is to raise investment for the development effort. The complete roadmap of Root Blockchain is published on its website.
In addition to the actual investment, investors would also be able to use the tokens purchased during the ICO to pay for transactions submitted to the Root Blockchain.
. | ANALYS | ICO PHASE 1 | ICO PHASE 2 | ICO PHASE 3 |
. | Start
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