What problem does this service solve?

IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.RealTract's goal is to create a better performing smart contract platform.

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Company Description

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.

RealTract is developing a smart contract platform based on a Directed Acylic Graph (DAG) protocol. They hope to create a faster and more scalable smart contract platform that can handle more use cases. The RealTract network is currently powered by the Ethereum-based RET token.

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