ReapChain is a Blockchain as a service (Blockchain as a Service), and consists of Reap SDK for connecting and authenticating devices, ReapMiddleChain and ReapChain for data processing and storage, and Reap Platform for operating and managing all services.
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.
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 with a Shell-Core Structure. It solves the trilemma of existing blockchains “scalability, security, and decentralization” through a unique consensus algorithm and ReapMiddleChain 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.
In addition, ReapChain plans to improve existing IoT system by preventing data forgery and authenticating each device based on PID of things. Core competency of ReapChain’s technologies serves to establish ReapChain BaaS. And IoT specific platform with enhanced transparency and security is built utilizing ReapChain technologies to provide a secure and transparent blockchain ecosystem.
Reap Platform & Reap SDK (Ver.0.1) design and development
ReapChain MVP (Ver.0.8) Verification Test
ReapMiddleChain MVP (Ver.0.8) Verification Test
Whitepaper Ver.0.8 release
ReapChain Alpha (Ver.1.0) Development and verification test
ReapMiddleChain Alpha (Ver.1.0) development and verification test
Reap Platform & Reap SDK Alpha (Ver.1.0) launching and verification test
ReapChain Token Sale-1st Private Sale
ReapChain Token Sale-2nd Private Sale
Whitepaper Ver.1.0 release
Alpha Integration Test
ReapChain Beta (Ver.2.0) development and verification test
ReapMiddleChain Beta(Ver.2.0) development and verification test
Reap Platform & SDK Beta (Ver.2.0) launching and verification test
Reap Wallet (ver1.0) Open
Pre-Sale and exchange listing
Token Generation (TGE) and Distribution
MCU based PID of thing development
MOU with ITM, Taiwan MCU developing Company
Whitepaper Ver.2.0 release
Beta Integration Test
ReapChain BaaS based service infrastructure construction
Micro service based Reap Platform service infrastructure construction
Secure BM to spread Reap Platform - MOU with IoT device company
Secure BM to spread Reap Platform - MOU with IoT platform service company
Commercialization service environment establishment and operation stabilization