Crypto Academy Week 11 | Homework Post for @imagen | Blockchains Projects
Introduction
It's with great honour I am writing this piece, appreciating the privilege enjoyed to be here again to learn from another professor. This time, I learned from professor @imagen as the professor lectured on Blockchains Projects and I am glad that I will be able to design a blockchain of my own in this article.
Overview of Blockchain
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I will like to give a quick flashback to blockchain, Blockchain is a digital ledger used for storing data, value and crypto transaction records such that the records are safe and in a way that makes it hard to alter or hack.
My Blockchain Project- The Issuer (REMITSAFE GROUP)
With no further ado, I have the great insight of bringing up a company that would offer a lot of services that can be utilized in different financial sectors and of course, the tentacle would be spread to the cryptocurrency ecosystem to incorporate some services and refine the existing services. The company name would be REMITSAFE GROUP which will be the issuer of the cryptocurrency from my blockchain project.
Blockchain Project's name: RemitSafe
RemitSafe Blockchain would cut across several financial sectors (make payment on the blockchain, charity foundation, agriculture...) to provide a decentralized platform that enhances the relationship between human and machine, and an improved storage of data with full transparency. RemitSafe will have its native cryptocurrency which would retain the name RemitSafe tokens (RMF) that would have its operation on own network.
Quick Highlights
- Project's name: RemitSafe
- Project's native cryptocurrency: RemitSafe tokens (RMF)
| Team member | Designation |
|---|---|
| Feyikemi Oyakunle | CEO (proposed) |
| Jane Abilogun | Cryptocurrency expert (proposed) |
| Daniel Osaka | Digital marketer (proposed) |
| Frederick Beulah | Website Dev (proposed) |
| Jacobs Reef | Computer Scientist (proposed) |
| Social media platforms | Address/Username |
|---|---|
| Website | www.remitsafe.io |
| www.facebook.com/remitsafe | |
| @remitsafe | |
| @remitsafe |
RemitSafe Project- Whitepaper
RemitSafe blockchain is a new innovation in the crypto ecosystem that will employ a cross-chain technology to build a better blockchain and bring in more innovations to the existing blockchain. We are prepared to utilize some of the traits of Ethereum and Tron blockchains, having the RemitSafe blockchain incorporated with smart contracts which would enhance automatic transaction on our blockchain at ease. Our blockchain operates on the consensus algorithm Proof of Stake (PoS) where the miners would be in charge of transaction verifications on the blockchain.
We are cutting across several financial sectors utilizing cross-chain technology to build a secure gateway payment that comes with fee-less transaction, and decentralized platform that allow users to easily transact easily with full transparency, tokenize any asset (real estate, car, artworks) and we are cutting into the agricultural sector where mechanized farmers can benefit from blockchain by tokenizing their products, also we would extend out tentacles to charity whereby charity workers can easily donate to the verified foundations that are registered on blockchain. RMF tokens of 1,000,000 would be initially minted with the aim of distributing 40% in pre-sale, 20% to charity, 20% to the liquidity providers and 20% to airdrop.
RemitSafe Project- Aims of the Project
- Employing a cross-chain technology to build own blockchain.
- RMF tokens to be used to make payment on the blockchain with no fees.
- We aim at enabling smart contracts to offer automatic transactions fee-less.
- Allow verifiable asset's owners to tokenize their asset on our platform.
- Reaching out to verified charity foundation to help the needy. Donators can subsequently donate to verified foundation on our blockchain
- We are entering agricultural sector thereby connecting farmers to markets after they have tokenized their products on our blockchain.
- Allow liquidity provider to earn more.
RemitSafe Project- Roadmap
Q1 2022- Building our Blockchain
We would initialize the process of building our blockchain cutting across the cross-chain technology to allow the compatibility with smart contracts that will enable our users to interact with DApps easily and fee-less. Our social media campaign would start and the public would be allowed to join the airdrop.
Q2 2022- Building/Testing our DEX and Wallet
The creation of our decentralized exchange and wallet would commence. The creation of these two would be completed during this time and a test-run would be carried out before making announcement of the completion.
Q3 2022- Mining and distribution
We would open the channel for the liquidity providers to start farming RFM tokens with other cryptocurrencies. The presale would start and after the RFM farming period, RFM tokens will be distributed accordingly; 40% to presale, 20% to charity, 20% to liquidity providers, and 20% to airdrop. And we would initialize the process of having a talk with some top exchanges to list our cryptocurrency at completion.
Q4 2022- Listing on Exchanges
Our project would be completed, major listing on exchanges will be done and proper trading would start. Our services would commence fully to the public and further improvement on the blockchain will be brainstormed on subsequently.
In conclusion, It's wonderful to participate in the lecture which allowed me to build a blockchain of my own, RemitSafe blockchain will utilize cross-chain technology to modify the existing blockchains and also brings in innovations. Thanks to professor @imagen for this wonderful lecture.
Cc: @imagen
Hola @fredquantum
Gracias por participar en la Academia Cripto de Steemit.
Buen trabajo, me gustó tu proyecto titulado RemitSafe, lo que más me llamó la atención es el algoritmo en el que opera la moneda.
La información es de calidad. Éxitos en tus próximas tareas.
Calificación: 8
Thanks for the review professor @imagen