Root Blockchain ico is the world’s first hybrid online platform that acts as a gateway for the innovative and advanced blockchain technology. Off course, it is blindly believed to be the expected future of the complete blockchain technologies. Retail customers and businesses (from large to small sized enterprises) are highly benefited with the excellent services provided by root blockchain. It contains an unique connection facility that allows the users to connect their businesses with this platform, thereby helping them to reap enormous benefits and profits in a consistent manner.
Root Blockchain, found online at RootBlockchain.io, provides blockchain as a service, or BaaS, using a hybrid blockchain for both enterprise and retail customers.
The platform sees itself as the “future of blockchain”. One of the unique things about Root Blockchain is that it’s entirely API driven, which means businesses can enjoy the benefits of blockchain technology without developing blockchain technology themselves. They can focus on API development: just connect the existing business to the Root API and you’re good to go.
The ICO for Root Blockchain tokens began on March 1. The company has not launched a beta platform, nor have they provided any technical details of their BaaS platform and how it works. Despite the complete lack of information about the project, the company is seeking minimum $200 investments during its ICO in exchange for “RootCoin” tokens.
Blockchain has been praised as being the most innovative technological development since the internet itself. Every day, we’re learning new ways how we can integrate blockchain technology into contemporary society, making it easier and safer for businesses to send and receive money across the world. But in spite of all of this, blockchain still faces a huge obstacle in its path: its reputation.
The problem with the current business model commonly used in blockchain projects is that it focuses on investors who’re already involved in cryptocurrency. And many of these crypto investors aren’t interested in what these projects can do, but rather how much money they can make buying and selling coins and tokens.
Root Blockchain believes that the future success of blockchain requires onboarding the people who stand to benefit the most from the various projects. For this reason, they have played a big role in promoting their services to entrepreneurs and traditional business investors that stand to gain the most from its services.
Obviously, there are a number of companies currently offering blockchain as a service. What distinguishes Root Blockchain from the competition? What problems does the platform seek to solve? Some of the identified problems include:
Complexity:
Blockchain technology has clear benefits for businesses. However, it’s too complex for many businesses to ingrate into their existing systems. Some companies are simply too small to devote adequate resources to blockchain development. Even companies that have adequate resources will still struggle with blockchain technology because of its complexity and the difficulty of hiring certified blockchain experts.
Large Blockchain Size:
Today, blockchains like bitcoin are nearly 200GB in size, making it increasingly difficult and expensive to run a node.
Large Transaction Data Size:
Increasing transaction data sizes will lead to increased blockchain costs over time.
INTRODUCING ROOT BLOCKCHAIN
RootBlockChain means to take care of these issues with a one of a kind offer — Blockchain as a Service (BaaS) — the first crossover blockchain with various adaptable choices.
The cost of exchanges on BitCoin is quickly expanding to a moment that they will at last turn out to be financially unviable. In the meantime, the time taken for an exchange to get affirmed has additionally expanded. This is only one case of what troubles the current blockchain arrangements in the market.
RootBlockChain makes it simple for organizations to begin with blockchain. Adaptable plans of action, combined with an all-around recorded API and low costs empower organizations to effectively connect the RootBlockChain to their current setup and begin receiving the rewards of blockchain innovation. Likewise, RootBlockChain offers various layers of information security and protection that a client may choose.
The current blockchain fever is causing an intense feeling of FOMO among new and built up organizations. The real reasons for uneasiness are:
The restrictive expenses related to receiving blockchain advancements, and perplexity in regards to where to start, fundamentally how to incorporate blockchain into a current IT foundation.
How It Works
RootBlockChain utilizes an interesting system to expand the speed of exchange affirmation on the blockchain, while in the meantime keeping the costs low. Just advanced fingerprints of the real exchange information are put away in the blockchain. The capacity of the genuine information itself is discretionary. On the off chance that information stockpiling is selected, RootBlockChain gives a different secure computerized vault for encoded information stockpiling.
ADVANTAGES OF ROOT BLOCKCHAIN
Since just little-computerized fingerprints are really put away in the RootBlockChain, the general size will be substantially little contrasted with different blockchains and subsequently, the speed of tasks on the RootBlockChain will be considerably speedier. This thusly implies organizations can exploit a speedier criticism circle for their exchange affirmation.
Since at last the clients of a blockchain pay for capacity, by making stockpiling discretionary, RootBlockChain gives its clients an approach to decrease their general expenses. This has an additional advantage that a business may keep private information inside its physical limits while in the meantime exploiting the provenance and veracity of information that a blockchain brings to the table.
Unique features of Root Blockchain:
It provides an exclusive and useful service known as BaaS, which is an API driven blockchain as a service. It reduces the complexity of integration of blockchain technology into existing businesses.
Unlike the storage of transaction data in the blockchain like Bitcoin, Root blaokchain generates digital fingerprint of the transaction data in blockchain which reduces blockchain size. It reduces the cost involve in a transaction.
Root blockchain it integrated with a secure vault to store digital assets with encryption with multiple layers of data security.
It contains multiple usage options, thereby benefiting its customers. It offers blockchains for retails and enterprises.
It provides a wide variety of business opportunities to its users.
It holds a highly experienced and skilled developing team with a greater technical support.
It provides efficient API integration techniques.
It is a highly stable platform, since it operates over the high potential blockchain technology.
MVP and mobile app is already released.
TEAM
RootBlockChain is in development by a New Delhi-based team. Key members of the team include Girish Kumar (Co-Founder) and Neeraj Tiwari (Co-Founder).
Kumar’s previous experience includes work as co-founder of Loginology, a New Delhi-based tech company, and work as a tech lead and product specialist at Indian tech companies dating back to 2007.
Tiwari, meanwhile, has 11 years of experiencing developing software for various IoT, web, and blockchain projects.
Root Blockchain ICO and Bonus details:
Percentage of bonus offered on the 1st phase of ICO is 6%
Percentage of bonus offered on the 2nd phase of ICO is 4%
Percentage of bonus offered on the 3rd phase of ICO is 2%.
Token: RBC
Price: 0.02 USD
Platform: Ethereum
Accepting: ETH only
Soft cap: 1000000 USD
Hard cap: 30,000,000 USD
Website: http://rootblockchain.io/
WhitePaper: https://drive.google.com/open?id=128-fAU933eoHGoQ_Ksx4PjUqh06uP9W2
Telegram: https://t.me/rootblockchain
Twitter: https://twitter.com/RootBlockchain
Facebook: https://www.facebook.com/rootbchain
Medium: https://medium.com/root-blockchain
LinkedIn: https://www.linkedin.com/in/root-blockchain-55a398158
Link bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1573646