Have you ever wondered how to make Blockchain more accessible for everyone? Don't worry someone already has too, and they are doing something about it.
One of the greatest features of Blockchain Technology is the ability to organize a decentralized database in chronological order automatically. There is no need for a superior organism directing the flow of data since the blockchain is programmed to do that work on its own. Every contributor to a network is well aware of what is done with the information he leaves on it, and all the process is done without needing a high authority managing the process. The basic premise of the tech looks like a great, structured model that most companies could have to save a lot of money in the organization of archives and a way to have any piece of information regarding financial transactions in a handy manner. Unfortunately, Blockchain is a literal puzzle for most of the world. Not to mention quite expensive.
Massification: The main goal
The main issue faced by Blockchain massification is that even after ten years of being out there in the open, there is still a lot of people who don't grasp the idea behind what it is, and how it works. The opinions of many multinational are just plain misinformed, even if some of them are slowly turning their heads to see the benefits tied to the security features of the Blockchain. The people working at Root Blockchain are looking to close the path of misinformation by doing work akin to what a powerful company like Apple do. They are looking to make Blockchain easier and accessible for everybody. And they plan to do so with a platform that disengages the data of financial transactions from the actual transaction as it happens.
A solution suitable for small business and big companies alike
Root Blockchain is not offering to create the blockchain network of every company that wants to integrate the technology into their infrastructure. While that kind of initiative would report enormous financial benefits, this is not the endgame for the developing team. The company is looking to be the blockchain ecosystem of choice for everyone who needs this type of framework to deal with digital currencies. This is a way to offer one of the cheapest forms of high-speed blockchain without spending huge amounts of money and work on coding and hardware to maintain this type of network. If you are wondering why now it's the right time to do this, the discreet way big banks corporation are approaching Blockchain might be your answer to that.
Why is this needed? Why it has to be done now?
A quick search online will reveal that companies such as Bank of America, J.P Morgan Chase, Citigroup, the BBVA group, The Commonwealth Bank of Australia and tech companies like IBM, Intel, and Cisco are developing their work and tools using Blockchain technology. At Root Blockchain, they envision massification as something that is coming in the short term. For the team, it is time to get ready now. The tech and the knowledge are already out there. The will to make it reach further than it has to is the one thing that is lacking. Maybe because of greed, perhaps because of some other type of unknown reason. Root Blockchain is planning to do this by making an ecosystem that will keep evolving to give more room to handle the transactions of each company that joins them.
How to get there: The tech and the Plan
The way they plan to do so? They are looking to resolve the complex issues of managing a Blockchain network using BaaS features. They also plan to handle the size of operations and maintain the lowest costs they can offer while offering something that most blockchain networks fail to provide: Privacy. The Root Blockchain will give their customers the choice to have seamless adoption of a system that can be used by anyone, even if they don't have any expertise on blockchain technology. It's the path to massification and the use of digital currencies at the retail level. To learn more about the long-term plans of Root Blockchain you can visit their site :