[About us] The four problems in original blockchain

Published in

ReapChain Official

2 min readJul 22, 2021

ReapChain defined the problems of DApp and the main net using the existing blockchains as the following four problems, and these four problems confirm the validity of ReapChain’s mission and vision.

· The four problems

1) The security vulnerability of private blockchain

2) Problem of real-time data processing speed

3) Problem with different technical characteristics of the main net required by various

industry-related DApps

4) Problem in developing DApps without specialized technology for blockchain

As a solution to the four problems, ReapChain provides the main net protocol specialized for each industry through ReapChain’s unique blockchain-based technology innovation to overcome the limitations of existing main net protocols. Also, ReapChain implements a practically usable main net protocol that can solve the scalability and versatility problems that DApps are struggling to solve.

ReapChain selected the IoT industry as the first step in applying the developed protocol. Starting with the IoT industry, ReapChain as a blockchain applicable to all industries will play a leading role in popularizing the blockchain technology and creating a new blockchain-based business model.

Such innovation is possible because ReapChain possesses the unique blockchain structure, shellcore structure, the new consensus process, pre-confirmation, and ReapMiddleChain which can be customized according to the characteristics of individual industries. It is the ReapChain protocol’s core philosophy to realize practically usable blockchain for all industries with ReapChain’s unique technology