ReapChain (REAP)

ReapChain aims to establish a safe and transparent IoT ecosystem by blockchainfying the end-to-end section of the IoT industry. ReapChain is a hybrid blockchain with a Shell-Core Structure. It solves the trilemma of existing blockchains and tries to implement the integration of blockchain and IoT industry by resolving the security and mass data processing problems of the existing IoT market through PID of things and distributed storage service of ReapMiddleChain.

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What is ReapChain

Mission

ReapChain aims to establish a safe and transparent ecosystem of the blockchain industry for all the DApp(Decentralized Application) service providers by providing a usable blockchain.

Vision

To establish a new hybrid blockchain with Shell-Core structure unique to ReapChain that solves the trilemma of existing blockchains.

To establish a multi-layered chain tailored to the characteristics of each industry through ReapMiddlechain.

In the IoT industry, issues regarding security, authentication, and safety have been solved by relying on intermediaries. However, this centralized method has several side effects in terms of cost, security and reliability.

ReapChain offers a new hybrid blockchain that can solve trillemma of the existing blockchains through a unique consensus algorithm and ReapMiddleChain, and enable the distributed processing of a large amount of data generated from the IoT industry.