ROOT BLOCKCHAIN

in #root6 years ago

RootBlockchain is a service startup model that works on blockchain, thanks to easy-to-use payment tokens, and builds a platform for easy customization, service and blocking technology integrated into business models with business customers.

Business model with RootBlockchain is very flexible, can be in the form of individual business or large company. In contrast to the traditional way as the network grows, the strength of the Blockchain network grows.

RootBlockchain makes it easy for businesses to start playing with blockchain. This service allows companies to integrate technology into an existing platform, customize it based on the application programming interface and enjoy the benefits of the strength and security of blockchain.

Root Blockchain aims to solve this problem with unique offers - Blockchain as Service (BaaS) - the first hybrid blockchain with several flexible options.

It is a well known fact that transaction costs in BitCoin are increasing rapidly to the point when they will ultimately become economically unfeasible at the same time as the time required for confirmation transactions has also increased. This is just one example of what is the current blockchain solution in the marketplace.

Blockchain is a technology that has great potential, but there are also reasons for worry :

  • Complexity. Blockchain has made cryptography more common, but highly specialized industries are full of jargon.
  • The size of a blockchain is a problem because the key-node is already in the blockchain. This directly affects the speed of operation in blockchain.
  • The size of the transaction data increases the blockchain size and increases transaction costs.
  • High price.
  • The truth about where to start, first of all, how to blockchain in the existing IT infrastructure.

Root Blockchain can solve the above problem :

  • Complete the texture using Blockchain as a Service (BaaS). Root Blockchain provides the first hybrid blockchain with flexible options for corporate and retail customers.
  • Complete the blockchain size. The platform uses a unique cryptographic hash of transaction data stored in blockchain.
  • Transaction data - actual data storage.
  • Confidentiality Data.
  • Safe storage. Root Blockchain is fully driven by the API. Just connect your existing business to the Root API and go.
  • Low cost. It's easily plugged into existing rules and starts reaping the benefits of blockchain technology.
  • Efficiency. Root Blockchain uses a unique feature to increase the speed on the blockchain, while at the same time the cost remains low.
  • Storage facilities. Only fingerprints of transaction data are stored in blockchain.

Advantages
Root Blockchain offers several business models:

  1. Private Blockchain - Customers can choose to have their own dedicated blockchain, where only their transactions will be placed.
  2. Consortium Blockchain - A private blockchain for two or more pares. The consortium is ideal for connecting customers and vendors.
  3. Safe - Encrypted data storage is provided as a feature. This is related to the actual blockchain.

How it works

Root Blockchain uses a unique mechanism to increase transaction confirmation rates on blockchain, while at the same time keeping costs low. Only digital fingerprints of actual transaction data are stored in blockchain. The actual data storage itself is optional. If data storage is selected, Root Blockchain provides separate secure secure digital safes for encrypted data storage.

It's very similar to a pure Blockchain project. For example: Ethereum is a startup that operates with blockchain technology, creating a platform for other startups to do ICO to raise funds for their projects and implement blockchain technology to the whole model.

RootBlockchain is driven by the API, which means businesses can benefit from blockchain technology without its full complexity. Just connect your existing business to the Root API and you're ready to use it.

Problem
Current blockchain failures cause an acute FOMO flavor among new and established businesses. The main causes of anxiety are :

  1. Expensive costs associated with the application of blockchain technology.
  2. Confusion about where to start, especially how to integrate blockchain into existing IT infrastructure.
  3. Everyone wants to change blockchain technology but it costs a lot of calculations.
  4. The main drawback of blockchain is related Truth.
  5. Where to start, addressing how to integrate blockchain into an exisng IT infrastructure.

Solution
Root Blockchain is being developed by a team of experts with extensive knowledge at
domain blockchain. After developing some custom blockchains, the team started trying out some common negative patterns. Root Blockchain was born to bring the problem to life.

Root Blockchain solves the above problem with its unique search :

  1. Complete complexity through Blockchain as Service (BaaS) - Root Blockchain offers the first hybrid blockchain with flexible options for companies and customers This separation will be done quite easily.
  2. Resolving blockchain size - Root tool blockchain size is small by using unique mechanisms - only cryptographic hashes of transaction data stored in blockchain.
  3. Low transacon costs - Storing actual data on. Because transaction costs are directly proportional to volume data by not storing their data, users can save on their transaction costs.
  4. Keep data confidential - This is also useful if data is confidential and users do not want the data to be publicly available.

Token
Token Name: RootBlockchain Token
Heart: RBC
Type: ERC20 (Ethereum Blockchain)
Total Offering: 2 500 000 000 RBC
Softcap: USD 1,000,000
Hardcap: $ 30,000,000
Sale of chips: from March 1st to June 31st
Purchases received: ETH
Price: 1 RBC = 0.01 USD - 0.03 USD
Country: India

Sale of Tokens
ROOT BLOCKCHAIN ICO - Root Blockchain will launch a progressive ICO starting in March 2018. ICO's goal is to increase investment for development efforts. A complete Root Blockchain roadmap is posted on its website.
In addition to the actual investment, investors will also be able to use tokens purchased during ICO to pay for transactions sent to Root Blockchain.

PHASE ICO 1
From March 1st
End of March 31
Target USD 5 million
Price $ 0.01 USD
Bonus 6%
PHASE ICO 2
From April 1st
End of April 31
Target $ 10 million USD
Price $ 0.02 USD
Bonus 4%
PHASE ICO 3
From May 1
End of May 31
Target of 15 million USD
*Price $ 0.03 USD
*Bonus 2%

ICO Fund and Token Distribution

  • Development & Implementation 50%
  • Post ICO Marketing & Sales 25%
  • Head of Operations 18%
  • Reserve 7%

Token Distribution

  • Publik crowdsale 72%
  • Team 14%
  • Investor awal 10%
  • Program bounty 4%

Roadmap

For more information please visit link :
Website : https://rootblockchain.io/
White Paper : https://rootblockchain.io/RootCoin.pdf
ANN : https://bitcointalk.org/index.php?topic=2996868.
Twitter : https://twitter.com/RootBlockchain
Facebook : https://www.facebook.com/rootbchain
Telegram Channel : https://t.me/root_blockchain
Telegram Group : https://t.me/rootblockchain
Medium : https://medium.com/@rootblockchain
Author : Ryio123
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1811483

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