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What is RSK Infrastructure Framework (RIF)?

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

RIF TOKEN is a utility token that allows every token owner to consume all services compatible with the architecture and is integrated with RIFOS (Root Infrastructure Framework Open Standard). Such services may include infrastructure services developed by third parties and any other applications that may be deployed on a protocol that accepts RIF Tokens as a means of accessing / consumption of services or applications.

Although you will not be limited or prevent third-party service providers from accepting tokens other than RIF Token, integration with RIFOS will require such service providers to accept RIF token. Because the vendor believes that having a common consumer token option across all services will benefit developers in simplifying their setup and avoiding distortions around pricing for infrastructure, services will be required to develop Blockchain-based applications.

The goal of RIF TOKEN

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

Bitcoin has been shown to allow peer-to-peer value transfer, value censorship and now RIF, powered by RSK, aims to add identity, storage, communication, ports, micropayments and gateway layers to enable creation of Decentralized Sharing Economies to protect individual and user rights.

By providing the infrastructure and services needed to enable mass blockchain adoption, RIF hopes to contribute to transforming and improving the lives of millions of financially excluded individuals worldwide.

What is RIF Token (RIF) used for?

RIF is used to pay for services within the RIFOS ecosystem that include services developed by 3rd parties as well as any Dapps integrated into the RIFOS Marketplace.

RIFOS’s ecosystem includes: Directory, Storage, Communications, Data Feeds, Payments and Computing.

Roadmap

H1, 2020

  • RIF Marketplace
  • MVP Kickoff
  • RIF Storage
  • Swarm testnet launch
  • RIF Payments
  • Define specs of a streaming/gaming library
  • RIF Tools
  • Plugin MVP
  • RIF Marketplace
  • RNS Domains Marketplace (Testnet)
  • RIF Storage
  • Hosting websites on RIF Storage

H2, 2020

  • RIF Payments
  • Hub fees v1
  • RIF Tools
  • Unified explorer MVP
  • RIF Gateways
  • Schedulers – Chronologic integration
  • RIF Marketplace
  • MVP Launch – Mainnet
  • RIF Directory
  • RNS Manager: reboot UX & UI
  • RIF Storage
  • IPFS file persistance: Phase 2 – centralised pinning with collateral
  • RIF Directory
  • RIF Identity: Self-Sovereign Identity (SSI) platform MVP
  • RIF Payments
  • Watchtowers
  • RIF Gateways
  • Oracles – Libraries and APIs
  • RIF Storage
  • Taringa community

Conclusion

RIF TOKEN is a cryptocurrency with many prospects for future development. This can be an attractive investment channel for many subjects. RIF TOKEN provides a solution that allows every token owner to consume all services compatible with the architecture and be integrated with RIFOS.

Many investors favor RIF TOKEN and many experts appreciate its prospects in the future. However, in this volatile cryptocurrency field, you should consider investing and researching the market in general and the RIF TOKEN coin to make the right decisions.

You can check RIF price here.

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