Root Blockchain ICO (RBC)

Future of Blockchain


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. How does the project create value to the ecosystem and differs from competing projects Root Blockchain offers several business models: Private Blockchain - Customers may choose to have their own dedicated blockchain, where only their transactions will reside. 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 timeframe.

Cryptocurrency Investment Media Software
4.7

by expert rating and reviews


4.4
ICO PROFILE
5.0
TEAM
5.0
VISION
5.0
PRODUCT
Ended
Token RBC
Platform Ethereum
Price 0.01 USD
Country India
ICO Start Date 01 Mar 2018
ICO End Date 31 May 2018

About Root Blockchain

Blockchain is an exciting new technology that has the potential to disrupt industries and at the same time presents new business opportunities. However, blockchain has its share of drawbacks, namely:

  1. Complexity.
  2. The blockchain size - this directly affects the speed of operations on the blockchain.
  3. Transaction data size - this will add to the blockchain size as well as increase transaction costs.


Root Blockchain solves the above problems with its unique offering - Blockchain as a Service (BaaS) - the first hybrid blockchain with flexible options for both enterprise and retail customers.

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 existing business to the Root API and get going.

Root keeps the blockchain size small by using a unique mechanism - only cryptographic hashes of the transaction data are stored in the blockchain. 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. This is also useful if the data is confidential in nature and the user does not want it to be publicly available.

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.

Team

Nathan Fillion member of Root Blockchain ICO
Nathan Fillion
Co-Founder & Technical Advisor
Girish Kumar member of Root Blockchain ICO
Girish Kumar
Co-Founder
Ray Naicker member of Root Blockchain ICO
Ray Naicker
VP for Marketing
Ken Taylor member of Root Blockchain ICO
Ken Taylor
Chief Operations Officer
Animesh Sharma member of Root Blockchain ICO
Animesh Sharma
Lead for Communication
Neeraj Tiwari member of Root Blockchain ICO
Neeraj Tiwari
Consultant

Milestones

  • 1

    Oct 2017

    Started market research to find out gap in blockchain industry.

  • 2

    Nov 2017

    Start the development of registration and ICO platform.

  • 3

    Mid Dec 2017

    Start internal testing of registration and development platform.

  • 4

    1st Mar 2018 - 31st Mar 2018

    Launch of ICO Phase 1.

  • 5

    1st Apr 2018 - 30th Apr 2018

    Launch of ICO Phase 2.

  • 6

    1st May 2018 - 31st May 2018

    Launch of ICO Phase 3.

  • 7

    31st May 2018

    ICO end.

  • 8

    July 2018

    Launch ROOT internal exchange and wallet, Launch of Root asset tracking software demo version.

  • 9

    Aug-Sep 2018

    Engagement and listing on major external exchanges.

  • 10

    Oct 2018

    Start talking with different private and government agencies for using our asset tracking software.

  • 11

    Jan 2019

    Launch of Root software for end user use and Launch of Root blockchain API.

  • 12

    Feb 2019

    Launch of our Android APP.

  • 13

    Mar 2019

    Launch of our IOS App.

Financial

Token Sale Info
Token RBC
Token Type ERC20
Platform Ethereum
Price in ICO 0.01 USD
Tokens for Sale 1800000000
Investment info
Accepting ETH
Distributed in ICO 72%
Soft cap 1000000 USD
Hard cap 30,000,000 USD

Others in "ENDED ICO"