SINGAPORE, December 13, 2018 / PRNewswire-PRWeb / – Blockchain technology will revolutionize governance, financial services, health care and beyond. However, blockchains and cryptocurrencies have faced 3 main obstacles on the path of universal acceptance. Project Raisin, a Singapore-based Blockchain project, is determined to overcome these problems.
1. Scalability. Most Proof of Work (POW) and Proof of Stake (POS) blockchains have struggled to scale their networks, leading to slow transaction processing speeds and higher transaction costs. The Delegate Proof of Stake (DPOS) Blockchains addressed the problem of transaction speed but made the network more centralized. The raisin, with its exclusive consent mechanism ADPOS (Delofated Delegated Proof of Stake), maintains transaction speeds of up to 100,000 transactions per second and creates safeguards to prevent the manipulation and centralization of the network.
2. Utility. Most Blockchain projects simply overlapped Blockchain with a wide range of well-functioning companies in the financial, gaming and healthcare sectors. The Raisin project, which focused on real impact, reinvented the merchant-consumer relationship by introducing the next generation of crowdfunding and crowd-commerce. The Raisin version of crowdfunding goes beyond simply raising funds for start-ups and social causes and turns lenders into loyal long-term clients for fundraising activities. Crowd-commerce is a unique way to further support merchants beyond fundraising and bring tangible benefits to customers and their network.
3. Volatility. Cryptocurrencies have witnessed unprecedented events that have been followed by the erosion of 50-90% of market capitalization for most of them. This volatility scares investors, users and traders. Raisin Blockchain responds to this volatility by allowing companies and borrowers to create their own tokens on the Raisin platform. These tokens are anchored to the US dollar and other fiat currencies. This provides the necessary stability to an ecosystem powered by crypto while maintaining the transparency and decentralization of the Blockchain technology.
The project received an enthusiastic response. It presents new developments in technology and has a strong credibility. The managing director of the Raisin Abhii Dabas project recently met the Minister of Communications and Indonesian Informatics, Minister H.E. Rudiantara discussed the project and had an extremely productive discussion, mainly because the project offers real benefits to regular consumers and small businesses.
About Project Raisin
Raisin Project started in January 2017 and plans to implement its crowdfunding and trading platform in 2019. The project is designed to pave the way for mass adoption of blockchain technology and help small businesses thrive in a rapidly changing business environment with disruptions and digital automation. The project aims to build a truly meritocratic new-age digital economy.
For more information on Project Raisin, please contact Genice Gan a genice (at) rasn.io or tel. +65 81009633 to discuss more about our technology at the forefront. Visit our website at https://rasn.io/. Our office address is 138 Robinson Road # 22-01 Oxley Tower, Singapore 068,906.
SOURCE Project Raisin
