Introducing Rekkal – Rekkal – Medium

A Global Ecosystem Tokenizing Assets For The Creative Economy

As interest in the global blockchain industry grows, demand for stability, security, and efficiency are intensifying. Today, I’m excited to introduce Rekkal, a company that will enable creators, brands, and enterprise partners to launch both real-world and digital tokenized assets on a seamless global network. Rekkal is building an open, seamless global network to power the creative economy driving on-demand income through trust, transparency, and truth.

Backed by NYIAX and Nasdaq’s patent-pending digital asset exchange and infrastructure technology, Rekkal’s secure global network will connect developers, consumers, and enterprise together making it easier, faster and more cost-effect to access, trade and use distributed ledger technologies.

Rekkal’s open-source, seamless platform will be designed to meet applicable regulatory requirements and to support innovation around digital assets and blockchain infrastructure.

We are helping start-ups and enterprise partners easily deploy decentralized applications using utility tokens. Our mission is to enable mass adoption of blockchain technology by creating a borderless global community

The following are a few examples of how Rekkal improves on existing blockchain networks in the industry:

  • Asynchronous high-throughput Byzantine-fault-tolerant transaction confirmation protocol
  • Shard-friendly design
  • Easy-to-port extant Ethereum DApps
  • Opens validation on PCs and mobile devices
  • Replace the need for mining and residual energy pollution
  • Delegation controlled through Influence Score

THE PROOF OF INFLUENCE CONSENSUS PROTOCOL

The Rekkal blockchain improves on the foundation built by Ethereum through a seamless and secure consensus protocol.

Ethereum and Bitcoin both utilize the Proof of Work protocol which is unsustainable and energy deficient. The Rekkal blockchain is powered by a Massively Delegated Proof of Stake (MDPoS) framework.

Our clients — both corporate and private ones — will access all the services they need from a single platform. Blockchain technology gives us the chance to make your decentralized application grow faster and give better returns.

Our Proof of Influence consensus protocol solves the in-sustainability aspect of proof of work (PoW) and the unfairness/in-scalability of proof of stake (PoS).

Reputation / Influence Score

  • The Influence Score is a number between 0 and 800; it is the blockchain equivalent of a credit score. The combined Influence Score is calculated from a single network score and the multiple application scores.
  • The network score rates validators as it relates to performance metrics.
  • The application score is the index of a member’s involvement across mesmr applications.

Application Score (Third-party Apps)

  • Third party applications are allowed to participate in the Influence Score system by registering a callback smart contract that can obtain an application-specific Influence Score.

Source: Crypto New Media

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