RSK Infrastructure Framework (RIF) is a cryptocurrency token issued on the RSK Rootstock platform. RIF provides a one-stop source for Blockchain infrastructure services.

The RIF token is a utility token that allows any token holder to consume all services compatible with the architecture and integrated on top of RIFOS (Root Infrastructure Framework Open Standard). These services may include infrastructure services developed by third parties, any other application that may be implemented on top of the protocol while accepting RIF as a means of access/standard service or application.

While you will not be limited or able to prevent third-party service providers from accepting tokens other than RIF, integration with RIFOS will require those service providers to accept RIF tokens. As the provider believes that having the option of a common consumer token across all services will benefit developers in simplifying their setup and avoiding price volatility for the infrastructure, services will be required to develop Blockchain-based applications.

Objective of the RIF . token

RIF aims to create blocks to build a fully decentralized internet. All RIF services are designed to facilitate the interaction of the global blockchain technology and developer community.

Bitcoin has been proven capable of enabling P2P transfer of value, censorship of value and now RIF – powered by RSK, which aims to add identity, storage, communication, gateway, payment capabilities micro-computing and gateway layers to enable the creation of decentralized sharing economies, protecting the rights of individuals and users.

By providing the necessary infrastructure and services to enable mass blockchain adoption, RIF hopes to contribute to changing and improving the lives of millions of individuals who cannot access financial services around the world. world.

What are RIF tokens used for?

RIF is used to pay for services within the RIFOS ecosystem including services developed by 3rd parties as well as any dApps integrated into the RIFOS Marketplace. The RIFOS ecosystem consists of: Catalog, Storage, Communication, Feed, Billing, and Calculation.

Development roadmap

First half of 2020

• RIF Launches on Marketplace
• Start MVP
• RIF Archive
• Swarm . testnet launch
• Payment RIF
• Specifies streaming/gaming library specifications
• RIF tools
• Plugin MVP
• RIF launched on Marketplace
• Marketplace for RNS domains (Testnet)
• RIF Archive
• Store web pages on RIF Storage

Second half of 2020

• Payment RIF
• Center fee v1
• RIF tools
• MVP unified finder
• RIF . port
• Schedule – Time Integration
• RIF launches Marketplace
• Launch of MVP – Mainnet
• Catalog RIF
• RNS Manager: restart UX & UI
• RIF Archive
• IPFS file maintenance: Phase 2 – centralized pinning with collateral
• Catalog RIF
• RIF Identity: Autonomous Identity (SSI) Platform MVP
• Payment RIF
• Watchtower
• RIF . port
• Orals – Libraries and APIs
• RIF Archive
• Community of Taringa

Conclude

RIF is a crypto with a lot of potential for future development. This can be an attractive investment channel for many audiences. RIF provides a solution that allows any token holder to consume all services that are compatible with the architecture and integrated with RIFOS.

Many investors favor RIF and many experts appreciate its prospects for the future. However, in this volatile cryptocurrency sector, you should research the market and review investment in general and RIF in particular to make the right decision.

You can see the RIF prices here.

Disclaimer: This information is provided as a personal blog, not general information or investment advice. We are not responsible for your investment decisions.

According to AZCoin News

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