All the latest news, views and announcements from the team at IOVLabs
This is part of a series called “Build to Last” that answers questions that are central to our work at IOV Labs. I have tried to write short-form, low-tech explanations of what can sometimes be complicated, highly technical concepts. Links for further reading are provided when possible.
IOV Labs has announced the second wave of the $2.5 million grant program designed to transform Bitcoin from a simple store of value to a fully decentralised financial system. The 'Rootstock Strategic Grants Program' is currently funding up to 100 projects over the next year that are on Rootstock, the world’s first Bitcoin sidechain which has become a growing hub of DeFi activity on the Bitcoin network since its launch in 2018.
I am excited to share that, on 22nd May 2023, I was appointed CEO of IOVLabs! In the years ahead, I will lead IOVLabs on our mission of providing the next generation of fintech innovators with the decentralised tools and technology to build a new global economy.
IOVLabs, one of the global blockchain technology leaders, announced the launch of a $2.5 million strategic grants program to further enhance the development and adoption of Rootstock, the world’s first bitcoin sidechain which has become a growing hub of DeFi activity on the Bitcoin network.
At this year's Consensus event, Tim Paymans, VP Product at IOV Labs, announced a series of major developments focused on supporting the growth of the Rootstock ecosystem alongside a refined focus and new look for the open source Rootstock Infrastructure Framework (RIF).
Rootstock enhanced its DeFi environment for the Bitcoin ecosystem through seven new solutions, as well as taking further steps towards complete decentralization. Seven new protocols all integrated with Rootstock in February 2023, giving users more options to break away from constraints imposed by traditional finance.
Rootstock enhanced its DeFi environment for the Bitcoin ecosystem through seven new solutions, as well as taking further steps towards complete decentralization. Seven new protocols all integrated with Rootstock in February 2023, giving users more options to break away from constraints imposed by traditional finance.
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RIF Flyover, a new open-source protocol, has been released that enables seamless transfer of Bitcoin between the main Bitcoin blockchain and the Rootstock sidechain in minutes instead of hours without compromising security.
The CEO and co-founder of IOVlabs shared on 16 January two talks at one of the most important conferences in the crypto industry.
Buenos Aires, November 22nd, 2022 -- IOV Labs and Buenbit have partnered to bring the Rootstock and RIF ecosystem to mainstream users. Buenbit users will gain access to Everyday DeFi products and services secured by the Bitcoin network.
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November 14, 2022, Buenos Aires. The City of Buenos Aires and Extrimian have enabled the Rootstock network to achieve another significant milestone with the help of QuarkID and Extrimian. The self-sovereign digital ID solution will make inroads in Buenos Aires to help citizens hold their identities off-chain
The Rootstock Summit is just around the corner and signifies the relaunch of the Rootstock brand. The event will bring together key influencers and ecosystem participants to make important announcements regarding Rootstock and its growing ecosystem.
IOV Labs enables cryptocurrency loans by partnering with El Salvador-based finance cooperative ASCAV1August 31st - Gibraltar - IOVLabs, the company that launched Rootstock, RIF, and Taringa! will provide a loan in the rDOC stablecoin toASCAV DE R.L. valued at 20,000 USD. ASCAV DE R.L will use this value to generate loans to entrepreneurs who do not have access to the traditional banking system. Loans will be made available to 200 borrowers in El Salvador using the ASCAV Wallet, issued by LatamXO, which is integrated with the Rootstock blockchain platform.
On July 16th, 2022, African Blockchain Center for Developers (ABCD) and Techrity, in collaboration with the RSK (Rootstock) community, will hold the first RSK Nigeria Meetup. This free-of-charge event aims to bring together everyone across Nigeria interested in web3 and the blockchain industry. July 11 - Gibraltar, United Kingdom - The keynote speakers at the event will focus on decentralized finance and how blockchain technology can be utilized for social impact and financial inclusion. IOVLabs Co-Founder Gabriel Kurman will host a virtual, detailed questions and answers session to share his expertise with the event participants.
Multichain has integrated with the RSK blockchain to facilitate the transfer of ETH, USDC, BUSD, and other assets between RSK, Ethereum, and BNB Chain. It marks a significant achievement for Multichain by integrating the first Bitcoin sidechain to enable greater access to DeFi on Bitcoin. Multichain bridge can now benefit from the addition of Rootstock (RSK). Multichain supports over 53 blockchains, 2400+ bridges, and thousands of assets, including ETH, USDC, BUSD, BNB, WBTC, and DAI.
IOV Labs COO, Daniel Fogg, will present at the Consensus Conference in Austin Texas to detail the company's plan to accelerate the day-to-day use of decentralized financial applications through its ‘Everyday DeFi’ initiative. The presentation will be headlined by the launch of RIF Aggregation, a layer 2 scaling solution based on zkSync, that will help onboard the first billion users to everyday DeFi.
Blindex officially integrated with the RSK (Rootstock) Ecosystem in February 2022, announcing itself as the DeFi platform that views all currencies as equal. Two months on, the team has now announced its wider vision - taking Blindex to the next level by stabilizing all the digital assets on the platform and as a first step, launching $bGBP and $bXAU (gold) stablecoins.
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IOVlabs is delighted to announce that a new partner has joined the RSK ecosystem - Carnaval. The highly-curated Iberoamerican NFT marketplace is an industry-first for minting unique artworks on Bitcoin with some of them being tied to physical art. Carnaval launched on RSK combines the security of Bitcoin’s blockchain, viewed as the most secure in the world.
Money On Chain, developed on RSK celebrates its second anniversary of bringing decentralized finance to the Bitcoin network. Since then, several products have been launched, including DoC, the first stablecoin running on Bitcoin. Moreover, BTC holders have experienced up to 25% returns through BPro holdings, providing an appealing option for users to put their bitcoin to work. January 20th, 2022 - Montevideo, Uruguay - The past two years have yielded incredible growth for the Money On Chain product suite. Bringing decentralized finance to the Bitcoin network has yielded nearly 50 million in Total Value Locked, half of which directly resides in Money on Chain. The remainder can be found in RIF On Chain and staked assets, confirming bitcoin holders have a keen interest in revenue-generating opportunities.
Rootstock (RSK) is a smart contract platform secured by Bitcoin's hash power through merge-mining. The project makes inroads in El Salvador, a country recently embracing Bitcoin as legal tender. Over 700 commercial outlets will use Kripton Market, built on RSK technology, to sell products and services priced in BTC. October 5 - Gibraltar, United Kingdom - Making Bitcoin legal tender is a pretty important deal for El Salvador. Doing so introduces new opportunities for service providers leveraging Bitcoin's network to make a meaningful impact. One such solution is Kripton Market, a decentralized marketplace built on the Rootstock platform. Through this online marketplace, anyone can offer products and services to Bitcoin users across the country of El Salvador.
Brazilian cryptocurrency is officially integrated with RSK, a blockchain that unites Bitcoin's security with Ethereum's smart contracts BRZ, the world's largest stablecoin paired to a national currency other than the dollar, is officially integrated with RSK, a Bitcoin sidechain able to execute Ethereum's smart contracts. “RSK combines the best of both worlds: the security of Bitcoin and the power of Ethereum's smart contracts,” says Transfero's Blockchain Developer, Solange Gueiros.
Announces strategic partnership to create socially responsible and financially inclusive solutions enabled by RSK Blockchain and RSK Infrastructure Framework (RIF) Greengage, which plans to become the first digital asset merchant bank, today announced the addition of its first institutional investment receiving a commitment of £2.5 million from Gibraltar-based portfolio firm, IOVLabs. This latest investment will support Greengage’s ongoing expansion, technology developments and team growth, including the hire of a new CFO, Head of Operations, Head of Compliance and Money Laundering Reporting Officer.
The Bitcoin ecosystem continues to grow as access is granted to RIF Token holders to gain access to a new investment wallet to get automatic yield. Xcapit, the company that built an investment wallet on RSK network, is adding RIF token in its investment portfolio, allowing for retail users and RIF Holders to earn yield their RIF tokens in a way that is native to Bitcoin and noncustodial. Xcapit allows users to generate automatic investment strategies with RIF, by integrating their Binance accounts with Xcapit. Users will be able also to connect with real economy, by allowing them to convert FIAT-RIF and vice versa (using Kripton API)
The Crypto Hall of Fame, hosted by Moonstock, an online gallery specializing in Crypto Art and NFT created by Aaron Koening, was launched in April 2021. It celebrates major contributors to the blockchain industry with portraits designed by Max Crypotohead. The selection committee reached a decision and announced the twelfth member of the Crypto Hall of Fame: Diego Gutiérrez Zaldívar, co-founder of RSK, the first smart contract platform built on Bitcoin that made it fully programmable, and also co-founder of the Bitcoin Argentina Foundation and the .Ibero-American Blockchain Alliance.
Settle announced RIF’s integration with Latamex, the incoming and outgoing fiat to crypto payment platform Thanks to this remarkable partnership, RIF Token will be available to all users in Argentina, Brazil and Mexico through Latamex. RIF (RSK Infrastructure Framework) integrates with Latamex displaying a simple and customizable user interface to guide the user through the KYC and payment steps. After the user completes the payment flow and the payment clears, digital assets are sent to the user's wallet or fiat funds are sent to the user's bank account. This process is quick and easy for users, as no further processing is required.
Coinsilium Group Limited (AQSE:COIN) (OTCQB:CINGF), the Blockchain and Open Finance venture builder, is pleased to announce that its wholly-owned Gibraltar subsidiary Nifty Labs Limited ("Nifty Labs"), through its partnership with Indorse Pte. Ltd. (“Indorse”), has commenced development work on a new Non-Fungible Token (“NFT”) project to create an ‘NFT on Bitcoin’ marketplace powered by the RSK blockchain, the smart contract platform secured by the Bitcoin network.
RSK Network, the safest smart contract platform in the world that is secured by the Bitcoin Network, has surpassed Lighting Network (LN) total value locked in Bitcoin (BTC), and now stands at 1,445 BTCs locked. The latest milestone is another sign of a strong appetite among users for the Decentralized Finance (DeFi) sector, which defined 2020 and has extended well into the current year.
RSK smart contracts platform had over 259,000 transactions, 50,000 active accounts and reached an all time high of 72% hashing power during April. The amount of solutions and integrations in the RSK defi ecosystem has experienced a significant growth over the last couple of months.
The Colombian oil industry has been in recent years the engine of the country's economy. Oil is the first export product, at 55.4% of total exports, and the main contributor to the State's finances. The regions’ fiscal resources benefitted from the influx of royalties worth 5.9 trillion pesos in the last 4 years. The government's commitment is to work to guarantee that the sector will have the agility necessary to secure energy sustainability and make Colombia a competitive country. In addition to exploration, it is important to increase production, not only from new fields but also through the reactivation of discovered fields that remain undeveloped.
A recent arrival in Latin America, Tropykus finance is a decentralized finance protocol that seeks to connect the Bitcoin community with citizens in emerging economies to offer them better access to intuitive and fair financial products. Tropykus's goal is to use the potential of Bitcoin to drive change in the financial situation of emerging countries, starting with Latin America. This will be achieved by connecting people who want to make a return on their Bitcoins with people who need access to credit with better conditions than those currently offered by traditional banks.
In an effort to transform the value of the water, Kilimo, with support from RSK, a leader in blockchain technology in Latin America, is incorporating a blockchain tool to measure the water footprint of food production using satellite data at the land plot level. Kilimo, the renown AgTech company which has been providing fast and reliable irrigation recommendations for improving output and reducing direct costs for producers of agriculture,has begun issuing verifiable, unforgeable, transparent smart certificates, protected by blockchain and supported by RSK’s smart contract platform. By providing a few pieces of information, a producer can receive a certificate bearing the estimation of the direct blue and green water footprints of their establishment.
RSK Bitcoin Smart Contract network and the RIF Platform have integrated the DeFi AMLT Oracle, created by global RegTech provider Coinfirm. All operations conducted on RSK’s protocol will be fully covered with automated proprietary risk assessments from Coinfirm’s C-score based on 270+ red flag algorithms. The use of the Oracle enables the RSK protocol to get a green light for wider adoption by institutional investors and the traditional financial sector looking to gain exposure to decentralized finance.
rLogin integrates with web and blockchain applications to give users control of their own data and digital identity. RSK has launched a unified digital identity solution allowing web application developers to integrate blockchain technologies. rLogin is part of the RSK Infrastructure Framework (RIF) suite of tools and is natively compatible with the Bitcoin and Ethereum networks. The feature gives users of any rLogin-enabled application the ability to use their crypto wallets to authenticate and store their data, porting it across different Web 2.0 and Web3 applications as they wish.
Beexo Wallet is the first wallet to integrate RIF Enveloping, a solution designed to make user payment experience akin to those provided in traditional finance. IOVlabs and the RIF community are today announcing a new service designed to ease onboarding for DeFi beginners at Bitcoin smart contract network RSK. RIF Enveloping is a solution that supports meta-transactions, enabling third parties to subsidize transaction fees for end users.
The 200,000-euro pool will finance small coffee-producing communities that are currently unbanked, through the use of stable cryptocurrencies backed by Bitcoin.
Sovryn, a decentralized platform for trading and lending Bitcoin, has launched and is fully open to the public today. Users can trade Bitcoin in a permissionless, noncustodial, and censorship-resistant way using the Sovryn application. Sovryn is developed on RSK, the Bitcoin-powered smart contract platform. Soon, Sovryn is expected to launch its decentralized governance platform as well.
IOVlabs is pleased to announce the launch of Powpeg, a significant upgrade to the existing peg technology on the RSK smart contract platform. Powpeg is a proof-of-work secured two-way peg used to interact between the RSK side chain and the Bitcoin blockchain. Powpeg is the first Bitcoin peg to provide security assurances based on Bitcoin's proof-of-work, making it the most secure and permissionless peg available today.
Money on Chain is pleased to announce that it is launching a liquidity mining program as an incentive for bitcoin holders. The MOC Liquidity Mining program will award MoC tokens to those who hold the BPro token. The new program makes holding BPro even more attractive, as it adds to the existing suite of benefits provided to users.
Money On Chain is pleased to announce the launch of TEX, a new decentralized token exchange built on RSK, Bitcoin’s smart contract sidechain. TEX automates token swaps using smart contracts, offering users access to DoC, BPro, RIF, and rBTC, among others. The launch further expands the footprint of Bitcoin DeFi based on the RSK technology stack.
The COVID-19 pandemic has accelerated the need to know in detail where the food we eat comes from and what its particularities are. Carnes Validadas has created a new system powered by RSK's Blockchain technology that guarantees extended traceability throughout the beef supply chain.
The RSK Infrastructure Framework (RIF) development team is happy to announce the DAI stablecoin is now available on the popular Bitcoin-powered smart contract platform. This was achieved by utilizing the RSK-Ethereum token bridge, which was launched earlier this year.
IOVlabs, the parent company of Bitcoin smart contract platform RSK and its Infrastructure Framework (RIF), has partnered with Grupo Sabra, a solution company with proven track record implementing real-world enterprise blockchain applications, to create a new Joint Venture called Extrimian.
Nuclearis, an established engineering and manufacturing firm operating in the nuclear industry, has announced the launch of an RSK-powered on-chain solution to track documents related to the nuclear power plant supply chain. The solution is developed with the assistance and consultancy of IOV Labs, the company powering the Bitcoin-powered RSK blockchain and its Infrastructure Framework (RIF).
IOV Labs has integrated Chainlink’s decentralized oracles into the RSK and RIF ecosystems.
With the aim of supporting those who cannot access credit by traditional means. The El Futuro está en el Monte network, the ACDI (Association for Comprehensive Development), and IOVlabs are launching AvalDAO, a lending fund based on Stablecoins.
Coinsilium Group Limited (AQSE:COIN) the Blockchain, DeFi and Crypto Finance venture operator, is pleased to announce that its joint venture company (‘JVC’) with IOV Labs Ltd (‘IOV’) in Singapore (‘IOV Asia’) has signed a Memorandum
CipherTrace adds data attribution from the RSK blockchain and RSK Infrastructure Framework (RIF) and all related tokens to its existing 800+ virtual assets traced on behalf of its clients.
IOVlabs, the parent company of Bitcoin-powered smart contract platform RSK and its RSK Infrastructure Framework (RIF), has joined the Linux Foundation and Hyperledger.
The Light Client enables mobile payments integration with all ERC20-compliant tokens and stablecoins available in the RIF, RSK, and Money on Chain DeFi ecosystems. Today, IOV Labs announced the launch of its Light Client for the RIF Lumino Payments Network, a third-layer Bitcoin scaling solution. RIF Lumino Payments Network enables off-chain payment capabilities for any current or future ERC20-compliant token deployed on the RSK and RIF blockchain networks.
Based on technology as the key to this and future crises, this application, available on mellamodavid19.org, will allow each person to become a hero against the virus and join a movement that will drive digital transformation in different aspects of life. A movement is beginning to take shape in the smartphones we hold in our hands. The efforts against the global health crisis have just gained millions of potential supporters, and in addition, a platform capable of accelerating digital transformation and integrating it into every person's daily life is being built. Technology, as the basis for tackling this and future pandemics, has given rise to DAVID19: a historic solution that brings the human capacity to work together and go much further.
BitGive partners with Direct Relief, GiveDirectly, and One Fair Wage Emergency Fund to provide assistance to those in need amid COVID-19 pandemic. BitGive, the first Bitcoin 501(c)(3) nonprofit, has announced a partnership with Direct Relief, GiveDirectly, and One Fair Wage Emergency Fund to leverage blockchain technology in providing financial aid to those impacted by coronavirus, the BitGive COVID-19 Emergency Relief Fund. With a fundraising goal of $20,000 dedicated to providing personal protective equipment for medical professionals, monetary relief to those who have lost their jobs, and global funding for those in need.
Money on Chain DeFi ecosystem continues to grow with a RIF-collateralized stablecoin and a RIF leveraged product. Money on Chain, the company that built and deployed one of the first bitcoin-collateralized DeFi protocols, announced today the extension of its technology to the RIF ecosystem by releasing the RIF on Chain DeFi platform backed by RIF tokens and deployed on the RSK network. At launch, the RIF on Chain platform will consist of three main assets that interact with each other, and which have been developed to serve different purposes depending on the users needs. These include: the RIF Dollar (RDOC), the RIFpro (RPRO), and RIFX.
This proof of concept is focused on implementing a decentralized platform powered by RSK technology that would allow for end-to-end traceability of account debit claims. Within the framework of the 2019 Financial Innovation Roundtable (MIF, Spanish acronym) of the Central Bank of Argentina (BCRA, Spanish acronym), the Blockchain Group, which comprises IOV Labs, Sabra Group, Banco de la Provincia de Córdoba, BBVA, ICBC, Banco Santander, BYMA, Interbanking and Red Link, has worked through 2019 and early 2020 to design and execute a proof of concept for implementing a decentralized system solution to handle direct account debit claims made by customers.
The pilot will be powered by smart contract platform RSK and RIF technology solutions. Today IOV Labs announced the successful launch of Gasnet, a blockchain network focused on Argentina’s natural gas distribution ecosystem. The network uses IOV Labs-powered RSK smart contracts and its RIF second-layer solutions to increase efficiency, transparency, and information management in the industry. The Gasnet network was launched in collaboration with Grupo Sabra, an Argentina-based software development company.
Bridge opens the doors for interoperability between the two largest blockchain networks in the world. IOV Labs has announced the successful launch of its RSK token bridge between its Bitcoin-powered smart contracts and the Ethereum network. The interoperability protocol allows users to cross RSK and Ethereum ERC20 Tokens between networks. RSK already operates as a sidechain with its own two-way bridge to Bitcoin that allows users to cross their BTC and use them in RSK to interact with smart contracts. The RSK token bridge expands this capability to ERC20 tokens and the Ethere- um dApp ecosystem.
Today, IOV Labs and blockchain venture builder and advisor Coinsilium announced the formation of a Joint Venture company in Singapore with to promote IOV’s RSK and RIF OS blockchain solutions in Asia Pacific enterprise markets. Key objectives for the JV Company are to accelerate adoption of RSK’s products, services and technologies in the Asian markets and the RIF token which powers the ecosystem of solutions developed by RSK, their partners and independent developers around the world.
Today, RIF, whose decentralized application protocol is powered by Bitcoin smart contract platform RSK, announced that dexFreight, a decentralized logistics platform, will begin the integration of RIF’s Storage and Payments solutions. The RIF Storage solution testnet, developed through a partnership with Swarm, was rolled out to the public on January 8. dexFreight will integrate RIF Storage to store and retrieve encrypted versions of documents such as bills of ladings and proof of deliveries that require distributed storage and timestamping.The protocol introduces decentralized incentives using the RIF token, while also providing a unified interface that allows users to connect and switch between a number of decentralized storage networks, including IFPS.
MoneyOnChain the creator of the first stable asset collateralized with bitcoin launches the first dollar stable asset backed with RIF. During it´s first year of existence RIF platform has matured into a full blown set of decentralized protocols and applications. Some of the most remarkable announcements during 2019 were: RIF Name Service that enables the use of Aliases, making the use of blockchain technology easy and intuitive across platforms, is utilized across RIF Payments, RIF Storage, RIF Communications and other RIF Services providing a seamless experience to end users.
The protocol will allow Bitcoin holders to hedge against volatility and enable the creation of DeFi services for the Bitcoin ecosystem. After eleven months of simulations, testing and two audits, Money on Chain is launching the Alpha version of its decentralized stablecoin protocol on the RSK network. Backed by Bitcoin, the protocol is comprised of two tokens that provide several use cases for Bitcoin holders, including leveraged Bitcoin operations.
The fund will provide financial backing for projects developed using RSK’s Bitcoin sidechain
IOV Labs has announced the launch of the RSK Grants Program, a developer fund of $200K dedicated to projects built on the RSK smart contracts platform. RSK is a Bitcoin network sidechain that enables the creation of Dapps that run on BTC.
The global fund plans to continue aggressively investing in promising ventures. During SF Blockchain Week’s VC Panel, Monday Capital, in partnership with IOV Labs (RSK) Innovation Studio, announced the completion of the first round of investments of its Ecosystem Fund. Two of the three investment recipients, Vega and Multis, were announced in early October, with the third, Pocket Network, set to close its own seed round within the month.
The global fund plans to continue aggressively investing in promising ventures. During SF Blockchain Week’s VC Panel, Monday Capital, in partnership with IOV Labs (RSK) Innovation Studio, announced the completion of the first round of investments of its Ecosystem Fund. Two of the three investment recipients, Vega and Multis, were announced in early October, with the third, Pocket Network, set to close its own seed round within the month.
The project that brought Smart Contracts to Bitcoin is now the most profitable Bitcoin merged-mining platform in the blockchain space. RSK, the Bitcoin-backed smart contracts platform, has announced that it has launched an incentives program that significantly increases mining rewards, paid in RBTC, RSK’s native token. The network has increased mining rewards by over 1,000 percent compared to the current rewards.
IOV Labs, the blockchain technology organization that developed the world’s first Bitcoin-backed smart contract platform RSK and its P2P solutions layer protocol RIF OS, announced a partnership with BINARYSTAR
RSK and NXTP launched the first regional blockchain acceleration and adoption program aimed at start-ups and companies interested in developing their blockchain products.
IOV Labs, the organization behind the RSK tech stack and RIF exchange ecosystem, announced today that its node upgrade, Wasabi 1.0.0, is up and running within the RSK infrastructure.
Coinsilium Group Limited (NEX:COIN), the blockchain venture builder, advisor, and investor that finances and manages the development of early-stage blockchain technology companies.
IOV Labs, an organization dedicated to the development of the RSK Smart Contract Network and the RSK Infrastructure Framework (RIF OS), today announced a partnership with Swarm, a distributed storage platform.
RIF Labs, owner of RSK Labs, has officially launched the RIF Lumino Network as part of the RSK Infrastructure Framework (RIF OS). Bitcoin and blockchain scalability is one of the most important issues being discussed throughout the ecosystem these days. While the RSK Network added smart contract capabilities and onchain scaling improvements on top of the Bitcoin network, it is not enough to achieve transaction processing levels on par with those offered by major payment processors around the world. On top of this, onchain scaling impacts the future as every record saved on the blockchain needs to be saved forever.
RIF Labs, owner of RSK Labs, and Monday Capital, announced the launch of the first Blockchain Innovation and Development Studio for Bitcoin, RSK and RIF OS in San Francisco and a global Ecosystem Fund. The Studio will create new developer tools that will streamline the integration of decentralized infrastructure. It will be a space of experimentation that facilitates the creation of next-generation blockchain solutions in partnership with startups and corporations in order to identify real-world problems that blockchain-based products and services can solve.
RIF Labs has announced that developers can now launch a RSK Smart Mainnet node on Microsoft’s Azure BaaS offering, becoming one of the few public blockchains supported by Microsoft’s Blockchain as a Service (BaaS) marketplace. The integration provides a simplified process for setting up an environment that facilitates the development of decentralized applications (dApps) and services supported by the Bitcoin blockchain. This enables users to deploy and configure an RSK blockchain network in minutes, instead of setting up local servers and manually installing and maintaining the nodes. Now both non-blockchain and blockchain developers can learn and experiment at a low-cost and easily on the RSK network.
RIF Labs, the purpose-driven organization led by the RSK Labs founding team and other top executives, has announced an expansion into Asia with the opening of two new offices in Singapore and Shanghai. This will enable RIF Labs to continue development of its partner and developer communities in the Asia-Pacific — a key market for RIF Labs given Asia’s reputation for blockchain adoption, financial innovation, and strong developer talent.
RIF Labs, the purpose-driven organization led by RSK Labs’s founding team and other top executives, has announced that the RSK blockchain has become the most secure smart contract platform in the world, and second most secure blockchain behinnd the Bitcoin blockchain. As reported by the Crypto51 website, which aggregates data from Mine the Coin, CoinMarketCap, and NiceHash, the cost to execute a 51% attack on Bitcoin costs US$ 244,853. By surpassing 45% of the hashing power of the Bitcoin network, an attack on the RSK Smart Contract Network would cost approximately US$ 112,000 per hour. This makes RSK one of the most secure and reliable platforms for developers to build their dApps, and proves that merge-mining can succeed in securing Bitcoin sidechains.
RIF Labs, the purpose-driven organization led by RSK Labs’s founding team and other top executives, is announcing the official launch of the RIF Name Service (RNS), which is the first implementation of the RIF Directory Protocol and allows users of the Root Infrastructure Framework Open Standard (RIF OS) full access to the serrvice that enable users to easily identify relevant resources like RSK addresses, public keys, social network handles, among others on the RSK Live Network via readable aliases and domain names.
RIF Labs, the purpose-driven organization led by RSK Labs’s founding team, is celebrating the one-year anniversary of the launch of the RSKSmart mainnet with a report highlighting its progress since. Following its launch in 2018, the growth of RSKSmart in its first year of service has set the stage for continued momentum in 2019:
RIF Labs, the purpose-driven organization led by RSK Labs’s founding team and other top executives, is announcing the official Latin American launch of RIF OS (Root Infrastructure Framework Open Standard) at the Latin America Bitcoin and Blockchain Conference in Santiago, Chile. RIF OS is a suite of open and decentralized protocols that enables faster, easier, and scalable development of distributed blockchain applications (dApps) within a unified environment.
RIF Labs, the purpose-driven organization led by RSK Labs’s founding team and other top executives, has announced the creation of a suite of open and decentralized infrastructure protocols that enable faster, easier, and scalable development of distributed blockchain applications (dApps) within a unified environment.