TEJO SURTY: Root Blockchain

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The First Hybrid Blockchain with Flexible Option- Blockchain as a Service

Blockchain has been praised as being the most innovative technological development since the internet itself.

Every day, we’re learning new ways how we can integrate blockchain technology into contemporary society, making it easier and safer for businesses to send and receive money across the world. But in spite of all of this, blockchain still faces a huge obstacle in its path: its reputation.

Since its inception, the blockchain community has struggled to shake its lawless image.

Between 2011 and 2013, Bitcoin was used to buy and sell illegal goods online.

And while facilitating illegal transactions is not what Bitcoin was designed for, the uninformed public still associated the world’s first cryptocurrency with the black market.

The unfortunate truth is that the actions of a few have tarnished the image of cryptocurrency, causing uninformed members of the public to view blockchain technology as dishonest or illegal.

Some examples of this that have drawn public attention include:

The Bitconnect Crash:

A Ponzi scheme marketed as a lending service, Bitconnect went from being worth $2 billion in market value to a total value of $9,200 as it quietly decided to shut down wiping out life savings for some investors.

The BTC Global Scam:

Nearly 30,000 people, mostly from South Africa, Australia, and the United States, were scammed out of $50 million by scammers pretending to be an investment management company.

ICO Scams:

There have even been a few cases of fake businesses taking the time to build legitimate websites, create fake employee profiles, and establish an active presence on the internet, all so they can give the appearance of being a legitimate blockchain project so they can attract investors.

After their ICO, they vanish without a trace — taking investors’ money with them.

And those are just some of the more publicized scams.

There are countless scammers on Twitter, as well as chat apps like Telegram and Twitter, who claim to be blockchain developers who promise you thousands of dollars of free cryptocurrency as long as you send them a small investment of $200 or $300 beforehand.

These scams have become so prominent that Ethereum cofounder, Vitalik Buterin, has addressed the concern on Twitter countless times and has even changed his profile name to “Vitalik ‘Not giving away ETH’ Buterin” as a reminder to people that anyone that the real Vitalik Buterin will never ask for donations in exchange for Ethereum.

Along with scams and Ponzi schemes, hints of insider trading and market manipulation have scared away many traditional investors who fear the risk of investing in blockchain projects isn’t worth the reward.

Generally speaking, there has always been a higher level of volatility in crypto markets.

But with recent talks of cracking down on exchanges in China and South Korea, as well as SEC probes into ICOs in the United States, cryptocurrencies have been especially volatile, with the overall market losing nearly $110-billon in just one day in January.

The problem with the current business model commonly used in blockchain projects is that it focuses on investors who’re already involved in cryptocurrency.

And many of these crypto investors aren’t interested in what these projects can do, but rather how much money they can make buying and selling coins and tokens.

Root Blockchain believes that the future success of blockchain requires onboarding the people who stand to benefit the most from the various projects.

For this reason, they have played a big role in promoting their services to entrepreneurs and traditional business investors that stand to gain the most from its services.

RootBlockchain is a service startup model that works on blockchain, thanks to easy-to-use payment tokens, and builds a platform for easy customization, service and blocking technology integrated into business models with business customers.

Business model with RootBlockchain is very flexible, can be in the form of individual business or big company. In contrast to the traditional way as the network grows, the strength of the Blockchain network grows.

RootBlockchain makes it easy for businesses to start playing with blockchain.

This service allows companies to integrate technology into an existing platform, customize it based on the application programming interface and enjoy the benefits of the strength and security of blockchain.

HOW IT WORKS

Root Blockchain uses a unique mechanism to increase transaction confirmation rates on blockchain, while at the same time keeping costs low.

Only digital fingerprints of actual transaction data are stored in blockchain.

The actual data storage itself is optional.

If data storage is selected, Root Blockchain provides separate secure secure digital safes for encrypted data storage.

RootBlockchain is a service startup model that works on blockchain thanks to an easy to use payment token and builds a platform for easy customization, service, and blocking technology integrated into the business model.

Together with business customers.

RootBlockchain is driven by the API, which means businesses can benefit from blockchain technology without its full complexity.

Just connect your existing business to the Root API and you're ready to use it.

PROBLEM

Current blockchain failures cause an acute FOMO flavor among new and established businesses.

The main causes of anxiety are:

Expensive costs associated with the application of blockchain technology.

Confusion about where to start, especially how to integrate blockchain into existing IT infrastructure.

Everyone wants to change blockchain technology but it costs a lot of calculations.

The main drawback of blockchain is related Truth.

where to start, addressing how to integrate blockchain into an exisng IT infrastructure.

The future of Blockchain

RootBlockChain is fully driven by the API, which means that businesses can benefit from blockchain technology without the intricacies that accompany it.

Just connect your existing business to the Root API and you're ready to use it.

TOKEN DETAILS

Token name: RootBlockchain Token

Ticker: RBC

Type: ERC20 (Ethereum Blockchain)

Total supply: 2 500 000 000 RBC

Softcap: $1 000 000 USD

Hardcap: $30 000 000 USD

Token Sale: March 1st - June 31st

Accepted purchase: ETH

Price: 1 RBC = $0.01 - 0.03 USD

Country: India

TOKEN ALOCATION

TOKEN SALE

THE ROOT BLOCKCHAIN ICO - Root Blockchain will be launching a phased ICO from the month of March, 2018.

The goal of the ICO is to raise investment for the development effort.

The complete roadmap of Root Blockchain is published on its website.

In addition to the actual investment, investors would also be able to use the tokens purchased during the ICO to pay for transactions submitted to the Root Blockchain.