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.
|Soft cap||1,000,000 USD|
|Hard cap||30,000,000 USD|
|Restricted countries||United States of America|
|Know Your Customer||No|
Market research and planning to find out gap in blockchain industry and need of Blockchain as a Service(BaaS)
ICO Launching and MVP development of Root Blockchain
Launch MVP of Root Blockchain and engagement and listing on major exchanges.
Launch Root Blockchain public, private and consortium platform.
Launching Root Blockchain integration with Ethereum public blockchain and Retail offering API of Root Blockchain Vault
Launching Root Blockchain Enterprise offering API
Business Development and essential partnerships adapting and implementing the Business in Russia and CIS.
Expanding our Business to USA and EUROPE
Expanding, adapting and implementing the Business to Middle East and ASIA
Many more milestones to achieve
|Token price||0.03 USD|
|Alexa rank||17,092,555 th|
|Promotional video views||1,675|
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