Rockchain: Cloud Services and their Crowdsale

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For these times the boom in initial currency offerings – ICO – in blockchain projects is not coincidental; the funding trend for new projects and developments through this crowding alternative is still very successful. On this occasion we will talk about Rockchain, its services, and its next crowdsale scheduled for November.

Rockchain’s service focal point is data intelligence. Rockchain, a distributed data intelligence platform that connects to local data stores and performs mapping operations on structured data, provides secure and auditable computing resources in a fully distributed network without any central ownership of compute nodes. When connecting to “FactMap” nodes, which are computers within corporate networks, any data aggregation task or calculation logic can be performed.

The crowdsale of Rockchain will offer investors the opportunity to fund the development of the platform infrastructure, starting November 1, 2017.

The rapid growth of the cloud services market, which has shown an average growth rate of 17.2 percent, is estimated at $ 200 billion per year. A part of this market, cloud infrastructure services, is the fastest growing component of this market and Rockchain is a pioneer in this space, being the first company to come up with a generic infrastructure to serve all use cases in the industry.

The increasing popularity and functionality of blockchain technology has led companies to consider the costs and benefits of private, licensed blocks versus unlicensed public blocks. By using a public block, companies lose in terms of privacy and it would be impossible to easily manage access to data. On the other hand, private blocks do not allow companies to reap the benefits of a global resource network, such as the global Internet network.

Rockchain’s approach depends on the combination of the two, as described in the approach of the Polkadot protocol introduced by Ethereum co-founder Dr. Gavin Wood. The Polkadot protocol was introduced in November 2016 as a way of linking blockchains with different consensus mechanisms, allowing open and closed networks to have free access to each other.

The Rockchain project will use the Ethereum block chain, as the company sees it as a very useful platform when it comes to economic collaboration between different players. If used for the cloud services industry, Ethereum would enable a scalable global cloud. Independent services could connect, interact and exchange cryptographic tokens to each other, eliminating the bureaucracy of business-to-business associations.

But Rockchain will use a variety of technologies, not just Ethereum, as part of its heterogeneous infrastructure.

Rockchain’s infrastructure is also creating incentives for miners to help run the distributed datascripts. A new protocol, known as Compute Test, will be deployed and made possible because all the steps of the script engine are auditable through a hash. Distributed computing, therefore, occurs in a hybrid way; in private local nodes of FactMap and also in the public infrastructure of Rockchain.

Crowdsale of Rockchain in November

To finance the development of the Rockchain infrastructure, a crowdsale will begin on November 1, 2017 (11:00 GMT) and will last until December 1, 2017. Three editions will be worked simultaneously, as they operate independently, depending on how much they are catch up The bonds will be available to investors, with 10 for the first five days and five percent for the next five days. Rockchain’s total token offer, ROK, will be 100 million, with 80 percent available to the public during the crowdsale.

The benefits of crowdsale will also be used to finance the interconnection of the DappBox shared content network, which they explain in their whitepaper, with other distributed protocols (IPFS, SWARM, FileCoin).

By other part, the CEO and creator of Rockchain, Sebastien Jehan, with more than 20 years of software development experience to large financial corporations, is a warranty of well job in the industry.  He also started working at Ethereum in 2015 and founded Ledgys, which is an award-winning start-up that provides and advises on blockchain solutions for companies. With a proof of concept of work and a leader with extensive experience, it may be worth considering participating in the Rockchain crowdsale, as an opportunity to invest in the rapid growth of the cloud services sector.

 

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