What is RAYS Network Project?
RAYS Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. RAYS Network is looking to solve many of these problems.
RAYS Network is a cryptocurrency that aims to revolutionize your experience within the cryptocurrency world. We have identified common cryptocurrency issues ranging from usability to how decentralized systems operate. We are adopting known features in the cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and Bulletproof algorithm but we have modified features to accommodate our community’s needs.
About RAYS NETWORK
RAYS Network is always based on new block chain technology. Although blocks of technology have been adopted more and more from a few years ago, there is still a lot of trouble with this technology coming to the mainstream. The RAYS network is working to solve many of these problems.
Prime RAYS NETWORK Features
- Customized Delegated Proof of Stake (CDPOS)
- Bulletproof Protocol for Privacy
- Flexible Blockchain Network (FBN) [Public and Private]
- Enterprise Privacy Blockchain Solution (EPBS)
- Zero Transaction Fee
- RAYS PAY &Microtransactions
- Multi Transaction System (MTS)
- RAYS Research Laboratory
- RAYS 3S Wallet
- Quantum Proof
- GDPR Compliance
RAYS Solutions - Flexible Block Chain Network (FBN)
We have a solution for both; a Secure and Private blockchain for industries, and a Secure and Fast cryptocurrency for general users. Our technical team is working on a Flexible Blockchain Network (FBN) which may switch between General and Enterprise users as required by the users for their needs. Sufficient progress has already been made and a Minimum Viable Product (MVP) has already been developed to prove the FBN concept.
RAYS Enterprise Privacy Blockchain Solution
Imagine that you are the head of an enterprise (company) and you want to send the enterprise data or make a payment to your employees at public blockchain network.
▪ In all the traditional blockchain systems, whatever you will share on the public blockchain can be seen by anyone using the same blockchain.
▪ This is against the rules of privacy and one’s right to privacy. Your employees may not want their salaries to be shown on public blockchain network.
▪ Regulations such as GDPR prohibit such practices.
▪ As a result of this, all activities performed on a public blockchain network are non-compliant to the rules set by such regulations.
▪ Blockchain networks such as Ethereum fail in these scenarios and may be violating the laws.
▪ In this scenario, one may consider a blockchain network which is private or offers complete privacy.
▪ Doing so kills the essence of blockchain technology and is against the basic principles of this innovation.
▪ Is there a solution in this situation to still ensure individuals privacy while making the use of a public blockchain network?
▪ Yes! RAYS Network exactly aims to solve this problem. Each transaction to be made at RAYSblockchain network will have an option before transmission whether the transaction should be public or private.
▪ A public transaction at RAYS public network will be like a normal transaction such as the transactions made at Ethereumblockchain.
▪ It is possible to make a Private transaction on a Public blockchain network. In this way, everyone can see that a transaction is made. But no one except the intended receiver can see what is inside the transaction.
▪ This will be made possible with the use of a Bulletproof algorithm. Each transaction will be locked by the sender and can only be opened by the intended recipient.
▪ Bulletproof is a type of Non Interactive Zero-Knowledge Proof algorithm.
Our goal
Rays network's goal is to lead a revolution in the services market by implementing blockchain technology to the business-client relationship, providing small businesses with the tools of large networks and companies.
RAYS 3S Wallet - Secure, Safe, & Smart
RAYS 3S Wallet will be a highly secure hybrid wallet with the encapsulation of keys using KEMs on hardware by means of highly advance cryptographic primitives like data protection, hash functions, digital signatures, and OAKMD schemes.
Rays Network Road map
Successful Project always has a purpose to reach. these points can be read easily on a road map to track every progress will be through on the project. easily shown on the road map to track the progress of the project. As you can see following below, the Road map of Rays Network looks very clear and informing.the team has planned in detail the big amount of tasks to be done and to be through.Just looks the road map truly promising.
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RAYS Coins Distribution
The Rays Network Team Consist of experienced Professionals
Behind Every project, there is always a great and experienced professionals team. Below in our website you can see the Team of Rays Network project consist of 42 peoples. They are experts & professionals in the various background. Their capability and specialization had proven in several developments startup project and have knowledge in the blockchain. Supported by their awesome experience will make Rays Network always run on its right track. What a great teams it is. You can also Check their profile biography and their track record on the LinkedIn that you can check out on Rays Network official website.
For More Details Please Visit Our Offcial Website: https://rays.network/
Whitepaper: https://rays.network/whitepaper1.0.pdf
ANN: https://bitcointalk.org/index.php?topic=4547385.0
Telegram: https://t.me/RaysNetwork
Facebook: https://www.facebook.com/RaysNetwork
Author's BitcoinTalk username: Aish Aisa Khan
Author's Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2091786
Telegram ID:
ETH Address: 0x84075A25c91299f0A33465D1Bc2791b5064c14fd
