What problem does this service solve?

RSK aims to improve the functionality and scale of the Bitcoin network.VestChain aims to create a better performing smart contract platform.

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Company Description

RSK is an open source smart contract platform that is secured by the Bitcoin network. RSK is designed to add value and increase the functionality of the Bitcoin ecosystem by providing smart contracts that are compatible with the network's code and can be written in Solidity. RSK smart contracts are powered by the SmartBitcoin (RBTC) which is linked to Bitcoin. (1 RBTC=1 BTC)
RSK developed the RIF Token which is intended to enable users to access a range of DApps within their ecosystem. In September 2019, RSK purchased the Spanish social media platform Taringa with the goal of using the RIF token as an incentive to encourage users to share content.

VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token.

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