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Redbelly Network - The Public Real-World Asset Tokenisation Network
Manage episode 438183299 series 3560343
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Vincent Gramoli is the founder and CTO of the Redbelly Network, a public purpose-built Real-World Asset Tokenisation Network.
Why you should listenRedbelly was born at the University of Sydney when Prof. Vincent Gramoli set out to see if he could build a fork-proof blockchain. Through a rigorous scientific development process and in partnership with CSIRO, the Redbelly Network was commercialised in 2021 with Mainnet launch scheduled for late 2024.
Redbelly's Compliant Asset Tokenisation solution is the bridge between the regulated Web2 economy of today and the Web3 economy of the future.
Redbelly is the only open and purpose-built accountable RWA network. Open, fast, scalable, cost-effective and natively compatible with assets in regulated markets.
Redbelly Network is a revolutionary solution for Compliant Asset Tokenisation, built on an open finance platform that embeds distributed ledger technology into the heart of financial relationships. This eliminates information asymmetry and dramatically increases efficiency, helping to build a fairer financial system for all. With a novel leaderless consensus mechanism, democratic byzantine fault tolerant (DBFT) consensus developed with The University of Sydney and CSIRO’s Data61, they are able to achieve high performance and guarantee the impossibility of forking and mitigate double spending with near-instant finality.
Redbelly Network is designed to focus on accountability. Accountability is enforced at a protocol level through a novel mechanism that constructs undeniable proofs of fraud -Polygraph; and at the functional level through an innovative identity layer that ensures all network participants are known.
Redbelly is projected to be #1 in Global RWA TVL by late 2024.
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