🌟 [ANN][REAP] ReapChain - Secure and Transparent Blockchain-Based IoT Ecosystem

[meetAm]

ReapChain IoT Application Example. Smart Grid.

Smart Grid



https://medium.com/reapchain/reapchain-iot-application-example-smart-grid-bbff03e2e7b0

[1715483457]

1715483457

[1715483457]

1715483457

[Digital_Seung]

ReapChain Business Model Structure



1) Reap SDK is provided as a software service (SaaS, Software as a Service), which incurs a license fee.
2) Reap Platform is a service operation platform, and platform for data store where data transactions occur.
3) Reap HUT is a temporary storage which incurs the cost for data transmission and storage.
4) Data processing company acquires necessary data through Reap Platform.

https://medium.com/reapchain/reapchain-business-model-structure-589c8b1eb8fe

[r4Anjee]

So I wonder is there any chances for security problems depending on Micro Controller Unit (MCU) performance?

If you have the minimum device performance to use the library provided with the Reap SDK, it is unlikely that performance-related security problems will occur

[proDissc]

It is interesting how to support short-range communication between adjacent devices with Internet of Things technology?

Basically, as I know, any IoT devices communicate through a connected communication network protocol.

[helenfast69]

Is the information is stored in the ReapChain blockchain even during short-range communication between devices?

If it's necessary, even short-range communication can be stored in the ReapChain system without any problems

[meetAm]

ReapChain Profit Structure

It is possible to establish a business model and generate profit through ReapChain BaaS (Blockchain as a Service).



https://medium.com/reapchain/reapchain-profit-structure-944d6833bfc0

[matvynos]

I have a technical question, can ReapChain run smart contracts with multiple signature addresses or it is impossible in this case?

[aZabosnor]

I have a technical question, can ReapChain run smart contracts with multiple signature addresses or it is impossible in this case?

As I know, in ReapChain platform, you can simply use Ethereum-based smart contract code.

[Digital_Seung]

Ecosystem and participants of ReapChain



https://medium.com/reapchain/ecosystem-and-participants-of-reapchain-8746535e5632

[helenfast69]

Future plan of ReapChain

Building ecosystem for a data sharing platform across industries



https://medium.com/reapchain/future-plan-of-reapchain-ee113266faa7

[meetAm]

ReapChain Token Economy 1

ReapChain, which is easy for anyone to use, aims for a platform sharing economy business model providing economic incentives to the participants of blockchain to encourage them to activate ReapChain voluntarily.



https://medium.com/reapchain/reapchain-token-economy-1-9a0562c3ae8c

[serhammeg]

Interesting, if the power supply is cut off due to a sudden power outage, can IoT data disappear without being stored on the blockchain?

First of all I think, it is necessary to check whether there is no risk of raw data being transmitted in real time before being stored in the ReapChain when power supply is suddenly cut off or there is another problem

[aidit45@gmail.com]

Interesting, if the power supply is cut off due to a sudden power outage, can IoT data disappear without being stored on the blockchain?

All infrastructure to run IoT also requires hardware, If before store to the blockchain, then I don't think the data will stored in the blockchain

[Digital_Seung]

ReapChain Token Economy 2



https://medium.com/reapchain/reapchain-token-economy-2-134b53475f9d

[helenfast69]

ReapChain Fees and Reward structure



https://medium.com/reapchain/reapchain-fees-and-reward-structure-a3cab8f593bc

[meetAm]

REAP token allocation



https://medium.com/reapchain/reap-token-allocation-d2efd99efe08

[Digital_Seung]

ReapChain Consensus Process and Block Generation



https://medium.com/reapchain/reapchain-consensus-process-and-block-generation-7fa5a45f55ca

[helenfast69]

Use of Proceeds and Platform Revenue



https://medium.com/reapchain/use-of-proceeds-and-platform-revenue-7cbbb5d335b4

[aZabosnor]

I heart that ReapChain will do additional reward for users and participants about 10% of incentive to vitalize ReapChain. Is it true?

Yes, apart from the rewards for the total transaction fee income, 10% of the total REAP will be paid as an incentive to standing and steering committee nodes

[meetAm]

ReapChain Road Map 2021



https://medium.com/reapchain/reapchain-road-map-2021-b9dbe887985d