Tokenomy TEN to Raiden Network Token RDN Exchange

Crypto Pair Details: TEN to RDN

Tokenomy TEN

Tokenomy aims to foster financial inclusion and provide access to anyone who wants to be connected with alternative funding networks and global innovation. The founders of Tokenomy are the leading members from Bitcoin Indonesia, one of the largest bitcoin and blockchain startup in South East Asia with over 900,000 registered users. Starting as a token exchange, Tokenomy’s goal is to become a one-stop platform providing both tokenization and liquidity. The goal is to offer a global token market access on one hand, and the ability for anyone, from small entrepreneurs to large enterprise businesses, to issue proprietary tokens and plug themselves into crypto liquidity pool for reliable and easy crowdfunding on the other. Tokenomy aims to provide a token exchange first, and tokenization platform later which solves the aforementioned issues of token sales, allowing anyone to tokenize their services and products and conduct a crowdfunding. By having a shared login with Bitcoin.co.id, which has over 900,000 users, Tokenomy instantly has access to a huge user pool.

Raiden Network Token RDN

The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations. The introduction of payment channels, specifically the type first described by the Lightning Whitepaper (which introduced the Lightning Network), seeks to fix the scalability and congestion issues that currently plague blockchain technology. While the Lightning Network operates on the Bitcoin blockchain, Raiden introduces a comparable solution for the Ethereum network. There are several key features of the Raiden Network Token. Expedited transfer confirmations (<1 second ). Current transfers on the Ethereum blockchain can take a few seconds to minutes. Private transfers that are not viewable on the global ledger. Solve scalability issues so that Ethereum can create mass adoption, allowing Ethereum to become the peer-to-peer, global payments infrastructure with electronic cash that it was initially designed for. Low fee transactions. Micropayment capability that works in union with any ERC-20 token. The Raiden Network project is being developed by Germany’s Brainbot Technologies AG, a software company devoted to blockchain protocol development. Founded in the year 2000 by Heiko Hees, it currently has between 11 to 50 employees in offices among Berlin, Mainz, and Copenhagen. Also the founder of PediaPress, Hees has been a core developer of Ethereum since March 2014. Being a core developer for Ethereum, it is evident on how the founder sees the flaws in the current its present protocol with ways to improve it. Interestingly enough, the website does not include RDN as one of their main blockchain developments, which could be attributed to the difficulty of highlighting a wide variety of projects they are currently undertaking on one page. However, there are no updates on the status of the Raiden Network Project on either Twitter nor Medium since December 1st, 2017. Raiden can be used for a wide variety of applications and purposes such as Micropayments For Content Distribution, Decentralized M2M Markets, API Access and Fast Decentralized Exchanges.'

SOURCE: COINGECKO

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