THE RESILIENCE OF EURO

[allen9791]

SPECIAL PLAN FOR APPRECIATING EURT IN VALUE

As you may have known, EURT is a native token of RVChain. Therefore, once the RVChain goes live, all preminted ERC-20 EURT tokens shall be migrated to the RVChain. That is, all EURT tokens on the Ethereum blockchain will be destroyed, and replaced by a newly minted counterpart on the RVChain.

The rest of the token supply is subject to mining. In another word, it is dedicated for rewarding network participants (or verifiers) who contribute their resources to verify the transactions on the RVChain. It is worth mentioning that all transactions incurred on the RVChain network shall be subject to transaction fee to be collected in EURT. A portion of the transaction fee is given to the network participants, while the other is burnt off. This token burn inevitably leads to the depreciation of token supply over time, which translates into an appreciation of the token price against fiat.

 

[MoolAman]

just know since the 2nd this month here in germany is again an economic shutdown. while in the netherlands live goes normally on. both are euro zone countries. so it polarized nowerdays

 

[allen9791]

ESTONIA CENTRAL BANK TO CONDUCT DIGITAL CURRENCY RESEARCH

The Estonian central bank, Eesti Pank, announced the launch of a research program to study how to build a digital currency infrastructure.

According to a statement, Eesti Pank partnered with technology companies SW7 Group and Guardtime for the research project. It aims to see if a keyless signature infrastructure (KSI) blockchain solution can run its virtual currency program. Estonia already uses KSI blockchain technology for its e-government services. The bank’s project will also look into new payment solutions “that can be made possible by using electronic IDs and other Estonian e-government solutions.”

The project, however, will not specify which technologies should be used.

The project will consist of several phases and will last about two years. The first phase will study how to build a scalable, practical, and secure platform that meets the requirements of digital funds. At the same time, the platform also needs to tick the boxes of speed, security, privacy, and resilience.

 

[allen9791]

BLOCKCHAIN FOR ASSET MANAGEMENT: IMPROVED SECURITY

Blockchain can be considered as the next trend in asset management. The question that remains is what advantages can blockchain bring to the industry?

Improved Security

One of the best advantages of blockchain is that it improves data security. By offering an immutable record of all transactions it disrupts the conventional security methodologies. Every block is encrypted before linking it to the others. This minimizes the impact of a data breach by distributing the records across multiple nodes.

Moreover, combined with traditional disaster recovery solutions, blockchain can effectively prevent data loss. An attacker would have to change all data blocks at the same time, which is very difficult to do.

 

[allen9791]

Blockchain for Asset Management: Improved Operational Efficiency

Blockchain can be considered as the next trend in asset management. The question that remains is what advantages can blockchain bring to the industry?

Improved Operational Efficiency

Replicating a database on multiple servers is not the first thing that comes to mind for improving efficiency. However, the blockchain structure allows the nodes to communicate almost instantly, increasing speed and effectively improving operations.

The nodes don’t even need to send information to one another – when one node updates its own records, the blockchain automatically validates, changes, and updates the records on all other nodes to match it. This distributed structure of blockchain offers a significant increase in speed for B2B transactions, making it suitable for the asset management industry.

 

[allen9791]

ESTONIA - EUROPE’S STARTUP NATION

The country’s startup success started in 2003 with Skype, which was built and developed in Estonia. The success of Skype had an enormous impact on the local startup ecosystem as it represented the first time that a truly global multinational startup was being created and nurtured from this relatively small country. Fast forward 17 years and Estonia is now one of the world’s top startup nations.

On the fintech front, Estonia was also known for being home to the fintech unicorn Transferwise who is currently valued at $ 5 billion.

Among the key figures illustrating Estonia’s thriving startup ecosystem, which currently counts about 1019 ventures, is startup funding. The revenue of Estonian startups totaled 196.5 million euros in Q1 2020, growing by 66% year-on-year. Another key indicator is startup employment, which has also been on the rise, demonstrating Estonia’s insatiable demand for tech workers.

 

[allen9791]

RITVA - ABOUT US

Ritva is a financial organisation of Crystal Technologies corporation, which is established in Tallinn capital, Estonia, EU.

Not only having an experienced professional team, Ritva has also been associating with many experts in such fields Forex, trading, etc. With the recent release of RVchain technology platform - the unique technology Ritva has many ambitions to create a financial empire in European area in particular and all over the globe in general. Operating as an investment bridge, Ritva plays an essential role in linking investors worldwide with a professional investing environment and experiences the latest breakthrough in the technology field.

 

[allen9791]

RV-CHAIN ROADMAP

The distributed ledger technology has been widely hailed as the breakthrough technology. It has realised a significant number of application scenarios, and improved workflow of many domains. Nonetheless, there remain a few major concerns in adopting and deploying the distributed ledger technology at scale, in particular the throughput scalability and confidentiality protection for transactions.

In our research called RV-Chain, we take advantage of a trusted execution environment to offer confidentiality protection for transactions, and scale the throughput of the network in proportion with the number of network participants by supporting parallel shadow chains. To bring the RV-Chain to fruition, a strategic plan of development has been unveiled and divided into 5 different eras, namely ALUS - Foundation, KAAL - Scalability, SALADUS - Confidentiality, REKENDUS - Mass Adoption and ELAGU - Sustainability. Each era concentrates on a set of functionalities that will be delivered across multiple code releases. Although the phases of RV-Chain will be implemented consecutively, the work for each phase happens simultaneously, with research, prototyping and development proceeding all at once across different stages.

The work of each phase is clustered and introduced on its own page, demonstrating years in the making. An overview of the objectives of the phase will be presented. Furthermore, you will able to find descriptions of the critical functional factors and links to associated academic research, status updates, and even real-time code commits on our website.