The “Solution” Which Brings The Value For Everything — RiveX

OWLBE
4 min readJan 13, 2020

Are you front/backend Developer? or Are you running business/going to build Enterprise? or Are you an Investor? or Are you Trader? or Are you interested in Passive Income? or Finding another Unicorn in Blockchain? or Need domain name in Blockchain?

Oh, It seems like I asked too many questions right? No, I didn’t! Then what? These are the questions asked by RiveX! Yes, You heard it right,You will come to know why!

RiveX is a team of Mavens who are narcissistic in blockchain some of them are working/worked with the core network layer 1-Wanchain; notably, they succeeded by their imagination, impressive, implemention and with good Impact in the blockchain.

RiveX is a unique blockchain project which bridge the gap between the Enterprise and blockchain technology and Defi, being RBaaS (RiveX Blockchain as a Service), Which is a unique model that allows consumers to use the Decentralized cloud-based services to develop, use and host their bockchain apps(Dapps), functions and smart contracts. In a nutshell, they provide full-fledged optimized blockchain platforms that ease the development and integration process.

RiveX is a layer 2 project which is built on Wanchain’s own Private chain mode also known as Lanchain. RiveX is a modular platform which customizes, optimizes, defines and shapes the enterprises to its best. It also enables and enhance’s the scalability with High Threshold of dapps/smartcontracts/apps which are in the part of RiveX ecosystem.

They leverages the interoperability from wanchain to enable/connect’s seamlessly its ecosystem with other blockchain network/enterprise’s for the transfer of data’s or assets without compromising their economical/efficiency/effectiveness. They also Provides privacy on the chain or off chain for its ecosystem(if asked for) without compromising its efficiency/effectiveness.

RiveX network uses Proof of stake consensus method which eliminates huge computational/processing power,expenses, minimizes the hazards,difficulty of validating, energy consumption.

(Note: RiveX is a Stack of high tech platform of solution being economical and effective platform with their — interoperability,scalability,privacy and side chain) — four major solutions.

I will tell you why RiveX is a Unicorn Project and which we cannot question its potential’s! BELOW 👇

1: Are you skeptical about public blockchain because of risk of having a service reliant on a public blockchain become frozen or obsolete due to a hard fork or attack? — Well Rivex Provides you the Private Chain (Side Chain)!

2: You want your Business relay on Public chain but afraid of sensitive smart contracts and transactions on a public ledger which world can see? — Well RiveX has Privacy solution which yields some benefits for your enterprise that need private transactions on a pubic chain.

3: Does your Business needs to transfer data or assets or for supply chain with other business or other blockchain network seamlessly without compromising economical? -Well RiveX has interoperable solution which leverages for you.

4: You are Developer and want to build something on blockchain? -Well for this too RiveX provides Robust SDK and API. It Provides all necessary Guide, toolkits and applications to integrate your business to the RiveX ecosystem.

5: Afraid of copying or type long hexadecimal Crypto currency addresses? — RiveX provides you blockchain-based domain name service which is cornerstone of Web 3.0 solution which let you to choose the name in alphabets and eliminates the hassles.

6: Afraid of creating/saving/keeping your credential information's, writings,documents and some other important’s in/on the google spread sheet or MS kits? — Don’t worry, RiveX provides its Decentralized Office suits for your Business.

7: Need protection for your documents?- RiveX provides you the blockchain based Digital Signature for any type of documents for you by xSign.

8: Are you a Trader? but afraid of trading in centralized exchanges which are prone to hacks, scams, phishing etc.. and you don’t want to take risk?- Remember - “Not your Keys? then its not your coin” RiveX solves this problem too, By providing Decentralized Exchange (DEX) — Your keys,your coins 😃

9: Investor?VC?Holder? Need Passive Income? — Yes, RiveX also provides Passive income for you by Staking or Delegating your RiveX tokens which makes you to participate in network validation directly or indirectly.

10: Against Electrical Power computational energy consumption? — Well, Its not related question because RiveX is Proof of stake not Proof of work, bye bye. (just joking)

“Who else will not be fascinated by this project? which gives you complete satisfactory secured environment according to you in blockchain by its solutions”

As title says it generates huge amount of transactions and less fee from many different aspects in the RiveX chain which directly goes as rewards to the stakers, pools etc..

Meanwhile : Try to read white paper for better in detailed information :)

Disclaimer: I am stating my vision and opinions, I am not giving you any financial advice and if you invest in this project you are responsible for it . You are investing at your own risk and we cannot cover your damages. Always invest only what you can afford to lose and try to diversify your investments. Finally, do your own homework and learn about the project use case, road map and team.

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