RSK Infrastructure Framework offers a wide range of solutions based on blockchain technology such as payments, storage and domain name (RNS). It is also a third layer above Bitcoin. In this article, as Kriptokoin.com, “What is the RSK Infrastructure Framework?” We will answer the question. In addition, we will touch on other questions about the project.
What is RSK Infrastructure Framework? What Does It Do?
RSK Infrastructure Framework aims to build a new internet where users have control over their privacy. At the same time, it aims to make the end-to-end network accessible to everyone around the world. So Inclusive Internet. They want to achieve this with IOV labs, the internet of value. It originates from RIF labs but now has a different name as it is easy to identify. This also separates the organization from the RSK platforms.
It is possible to send uncensored digital assets with Bitcoin. RIF adds additional layers of identity, storage, communication, gateways, micropayments. In this way, it creates a decentralized sharing economy that protects the rights of users and individuals.
What is RIF Coin?
RIF coin allows any token holder to use services and dApps built with RSK architecture. It is RIF’s ERC-677 utility token. The RIF token has the following use cases:
Network Fees: DApps created on the network use RIF as the base payment token.
Staked Collateral:RIF can be staked as collateral for the issuance of various assets in the RIF DeFi ecosystem, such as RIF Dollars.
What is the RIF Ecosystem?
RIF ecosystem; DeFi has many features such as storage, name service and payment solutions. Below are some of the primary components:
- RIF on Chain: Stable asset solution featuring RDOC, an asset-backed stablecoin pegged to the US Dollar and fully collateralized with RIF tokens.
- Token Bridge: An interoperability protocol that allows users to quickly and cost-effectively move tokens between RSK and Ethereum networks.
- RSK Swap: An automated liquidity protocol implemented using a non-upgradeable smart contracts system.
- RWallet: Allows sending-receiving RIF, BTC, smartBitcoin (RBTC) and other RIF-based assets via mobile phone.
- RIF Marketplace: A marketplace where RIF-based decentralized services such as domain exchange, permanent storage and RIF Payments are made available to users, among others
What is RSK Infrastructure Framework? How to Get RIF Coins?
The RSK Infrastructure Framework is currently traded on numerous cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. The exchanges where RSK Infrastructure Framework is traded are listed as follows: Binance, MEXC, KuCoin, Gate.io. Users who want to invest in the project should open an account on one of these exchanges.
