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RIFOS Creating the Infrastructure of the Future (On Bitcoin!)
In this video I’d like to talk about RIFOS the RSK Infrastructure Framework Open Standard. Which is aiming to create the basic building blocks to make easier to create applications on the blockchain, adapting them to different companies and service providers, and make them easier to use for the general public as well.
A work that is sorely needed if we want to see the massive adoption that technologies like this can have.
Leveraging Rootstock (RSK) all this will be secured by the Bitcoin Network (the biggest and most secure in the world) and all the fees generated will be deployed to them, helping to make the main chain stronger and better.
With a team coming from mostly emerging and developing economies, the main goal of the people working on RIFOS at the moment (as an open standard anyone can start building on it and no one entity owns it) are focusing on financial services for all the unbanked around the world.
There are already a number of projects, platforms and products available to use. As Bitcoin proves itself as the best asset available, more and more innovation will be driven to this space.
You can find more information at: https://www.rifos.org/
Value for Value Model:
I want the “We Are Bitcoin Community” to feel true ownership of the channel, and be able to grow with it.
For those people who watch the videos and leave a comment (with either something you’ve liked, you’ve learnt, or a suggestion for future topics or something I can improve on) with a Lightning Network address, I’ll send some Satoshis (fractions of a Bitcoin) to them.
As the channel grows, I’ll be able to send more value back to the community, in the form of Sats!
If you don’t have a Lightning Network Wallet, I recommend using ALBY. (https://getalby.com/)
It has several advantages, the address itself is easy to read, mine is WeAreBitcoin@GetAlby.com and you can use it to log into a number of Lightning Network applications that I’ll be covering in future videos!
The team is doing amazing work and I want to help them reach more users (they do not pay me for this, I genuinely like their product).
Thank you!
You can follow me on twitter at: @TheArtOfTomas
Stay tuned for more, and remember to get your Sats on every new video I post!!!
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