What’s special about the Railz protocol is that the ‘negotiated consensus’ capabilities allow what are essentially today ‘dumb’ IoT devices to start carrying out sophisticated negotiations with each other on a peer-to-peer basis without human interaction. For example, it could enable self-driving cars to negotiate to buy and sell and trade electricity with charging stations in a sophisticated manner where the pricing varied with the amount of electricity being bought or sold, at a specific location at a specific time.
A decentralised next-generation transaction protocol for machines, designed to scale.
Decentralised using the Ethereum blockchain and designed to scale. Next-generation consensus algorithm allows machines to ‘negotiate’ rather than simply agree or disagree. Enables IoT devices to self-organise and configure themselves into complex supply chains. Transmission protocol delivers 30x throughput on Ethereum network under test conditions.
Their goal is to enable a trillion IoT devices to be able to conduct sophisticated commerce, self-organise into supply chains, trade autonomously without human intervention.
|“||October 2017: Inception.
January 2018: Yellow Paper RFC-1 released.
February 2018: MVP.
14 February 2018: Technical Yellow Paper RFC-2 released.
26 March 2018: Railz White and Yellow (Technical) Papers - Public Release.
1 May 2018: Pre-ICO opens.
24 May 2018: Main Token sale to the public opens 1 June.
1Q 2019: Production Blockchain deployed.
|John Corr||CEO and Founder||https://www.linkedin.com/in/johncorr/||3.8|
|Phil Millo||Co-Founder and Advisor||https://www.linkedin.com/in/philmillo/||7.1|
|Vignesh Iyer||Chief Blockchain Architect||https://www.linkedin.com/in/vigneshi/||10.3|
|Sanket Khandare||IoT Product Design Lead||https://www.linkedin.com/in/sanket-khandare/||3.8|
|Vijayta Bhatt||Smart Contracts & DApps||https://www.linkedin.com/in/vijayta-bhatt-a64a152a/||8.3|
|Luke Sherwood||Railz Community Manager||https://www.linkedin.com/in/luke-sherwood-413628156/||7.5|
|Priyanka Pareek||Lead - Token Crowdsale||https://www.linkedin.com/in/priyankap2/||8.3|
|Owen Keane||Advisor - Legal & Regulatory||https://www.linkedin.com/in/owen-keane/||Advisor||3.8|