Celer Network

by ScaleSphere Foundation Ltd

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RIF Token

by RIF Labs Limited

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IPFS

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Celer Network

by ScaleSphere Foundation Ltd

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RIF Token

by RIF Labs Limited

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IPFS

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What problem does this service solve?

Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.RIF's goal is to allow developers to integrate smart contracts on the Bitcoin blockchain.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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Company Description

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

RIF Token powers the Root Infrastructure Framework Open Standard network. The platform will consist of a suite of open and decentralized infrastructure protocols that will enable faster and easier development of DApps that can work on the Bitcoin blockchain. RIF is built on the RSK smart contract platform, which is secured by Bitcoin's blockchain.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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