Root Blockchain 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.
WHY ROOT BLOCKCHAIN IS UNIQUE
Root Blockchain solves many problems with its unique offering - Blockchain as a Service (BaaS) - the first hybrid blockchain with flexible options for both enterprise and retail customers.
WHY ROOT BLOCKCHAIN IS FUTURE OF BLOCKCHAIN
Root Blockchain is completely API driven, which means that businesses can reap the benefits of blockchain technology without the accompanying complexity. Just connect your existing business to the Root API and you are good to go.
ROADMAP
HOW IT WORKS
1.Connect your existing solution with Root Blockchain engine, Blockchain as a Service(BaaS)
2.Choose Private/Consortium/Public Blockchain (Flexible options for both enterprise and retail customers)
3.Root engine API wold help you to store the digital fingerprint of data to blockchain(API driven)
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