CryptoMediaClub
Monday, July 7, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Significant RIF and Rootstock Developments Were Unveiled on Stage at Consensus 2023

27.04.2023
A A
0
132
VIEWS
ShareShare

Significant RIF and Rootstock Developments Were Unveiled on Stage at Consensus 2023

Tim Paymans, VP of Product at IOV Labs, made a number of significant announcements at this year’s Consensus event that promote the expansion of the Rootstock ecosystem and update the open-source Rootstock Infrastructure Framework (RIF) with a more focused approach.

Two significant RIF developments were disclosed during the discussion:

Five complimentary Product Development Workshops are available to companies who want to create and market cutting-edge finance solutions using blockchain technology and the RIF protocols. Partners chosen for the program will have access to Rootstock developers, product specialists, funding, and marketing assistance.

RIF has a new visual identity that better reflects its mission to hasten the creation of practical, inexpensive, and scalable blockchain-based finance products and services.

On top of the Rootstock sidechain, it is simple to create accessible and user-friendly financial services thanks to the RIF open-source collection of tools, technologies, and protocols.

RIF was created to assist programmers and financial pioneers in resolving actual, day-to-day problems for users. The collection of open-source technologies serves as the foundation for developing programs that enable safe, straightforward, and inexpensive ways to transmit, store, and borrow money.

In his presentation at Consensus 2023, Tim Paymans detailed the motivation for IOV Labs’ creation of RIF and how the company intended to help the development of the decentralized protocols going forward:

“Our vision at IOVLabs is a safe and equitable global financial system that enables everyone to participate and prosper. We believe the best way to make this vision a reality is by putting the tools, technology, and resources directly in the hands of the builders, founders, and financial organizations on the front line of the future of finance.

Tim Paymans also disclosed that IOVLabs would begin a $2.5 million grant program for companies and developers to create DeFi apps on top of Rootstock, the most secure, permissionless, and censorship-resistant Bitcoin sidechain in the world. This news was in addition to the RIF advancements. IOVLabs wants to help entrepreneurs and founders construct their financial futures by providing 100 grants this year. The start of the program is scheduled for the next weeks.

Pei Chen, VP of Growth at IOVLabs, remarked on the news:

“IOVLabs’ investment in the Rootstock strategic grants program reflects our commitment to supporting the development of a decentralized financial ecosystem through community effort.”

“Over 1 billion people lack access to financial services worldwide. RIF aims to change this by reducing the complexity of decentralized finance and making it accessible to all.”

Businesses, entrepreneurs, and developers may utilize the open-source RIF suite to develop new services or incorporate cryptocurrency into already-existing products. They can also express an interest in working with RIF to jointly develop a product.

The purpose of IOVLabs is to provide the groundwork for financial inclusion. As part of its mission to create a secure and fair global financial system that allows everyone to participate and succeed, part of this endeavor involves promoting the development of decentralized protocols like Rootstock and RIF.

Share10Tweet6ShareSharePin2

Related Posts

Tether USDT: Massive 1 Billion Minting Sparks Crucial Market Shift
Blockchain

Tether USDT: Massive 1 Billion Minting Sparks Crucial Market Shift

04.07.2025
0

Skip to content

Read moreDetails
Hancom With Pioneers RWA Space with Gold-Backed Stablecoin

Hancom With Pioneers RWA Space with Gold-Backed Stablecoin

03.07.2025
Stablecoin Revenue Soars: Companies Post Massive $10 Billion Annual Earnings

Stablecoin Revenue Soars: Companies Post Massive $10 Billion Annual Earnings

03.07.2025
Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets

Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets

30.06.2025
Web3 Security: GoPlus Unveils Crucial Clarification on Venus Protocol $2M Theft

Web3 Security: GoPlus Unveils Crucial Clarification on Venus Protocol $2M Theft

25.06.2025
Load More
Next Post
One crypto wallet launched 114 dodgy memecoins in two months

One crypto wallet launched 114 dodgy memecoins in two months

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Crypto Leaders Plan to Raise $100,000 for Kamala Harris to Influence Crypto Policy

Crypto Leaders Plan to Raise $100,000 for Kamala Harris to Influence Crypto Policy

10 months ago
New Global Dollar Network Project Aims to Accelerate Global Stablecoin Adoption

New Global Dollar Network Project Aims to Accelerate Global Stablecoin Adoption

8 months ago
Bitcoin post-Christmas dip under $43k triggers marketwide liquidation of $170M

Bitcoin post-Christmas dip under $43k triggers marketwide liquidation of $170M

2 years ago
KAITO Token Surges 53.4% This Week: This Is Behind The Fast Value Enhance

KAITO Token Surges 53.4% This Week: This Is Behind The Fast Value Enhance

4 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

Trending

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH
All news

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

07.07.2025
0

A sophisticated cyberattack on C&M Software, a technology provider for Brazil’s Central Bank, has triggered a wave...

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

06.07.2025
Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

06.07.2025
Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

06.07.2025
XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

06.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz