The Reserveum analytics group is developing a non-custodial digital value storage protocol In 2021, there have been many revolutionary chang...
The Reserveum analytics group is developing a non-custodial digital value storage protocol
In 2021, there have been many revolutionary changes in Defi services, mostly related to the adaptation of financial mechanisms to a decentralized architecture. There are also unique and innovative projects, and their blockchain solutions are still unparalleled.
One of these projects belongs to the Reserveum Group, an international analytical group. It consists in the development of a unique protocol for storing digital assets, the main task of which will be to fight inflation.
At the core of the project is a mathematical model of the protocol developed by the Reserveum Group engineers under the working title RNC&I Protocol (Reserveum Non-Custodial & Inflation Protocol). RNC&I is suitable for any digital asset and is characterized by the fact that the control remains entirely with the user.
The Reserveum Group Protocol can be used to store cryptocurrencies converted into specific Stablecoins. The main feature of this format is the complete protection of assets from inflation. At the same time, the user retains full access to the assets because they are not stored on third-party accounts, but on the client's personal account. That is, the RNC&I protocol is a non-custodial decentralized storage protocol.
At the moment, the Reserveum analytical group is testing its mathematical model on the supercomputer Tianhe-2, located in the supercomputer center in Guangzhou, as well as using cloud technologies in its own computing environment.
According to representatives of Reserveum Group, the next stage of the project will be the selection of outsourced contractors to write the executable code of the protocol. The completion of all works is planned no later than the end of 2022.
You can follow the stages of the project and new ideas in the development of digital finance, as well as discuss events and share your opinions on the information blog of the Reserveum Group at https://medium.com/fair-digital-money
According to the materials RESERVEUM.ORG
November 2021
