IOV Labs builds disruptive, decentralized blockchain technologies. Harnessing the benefits of Bitcoin with a suite of tools to create and protect growth, IOV Labs builds low-cost, highly secure, easy-to-use platforms for the new global economy. The platform develops and operates decentralized networks and protocols, including the RSK smart contract platform and the Bitcoin and Ethereum-based Name Service (ENS). Users will have the power to create digital identities, build reputations, establish and enforce agreements, and engage in commercial transactions without intermediaries.
ABOUT IOV LABS
The platform aims to create a more accessible and equitable financial system by providing tools and infrastructure for the development of a decentralized economy.
They offer a suite of products called RIF (Rootstock Infrastructure Framework) aimed at making decentralized finance (DeFi) more accessible and user-friendly.
IOV Labs launched the Rootstock blockchain in 2017, enabling smart contracts on Bitcoin and making transactions on the network cheaper, faster, and more accessible.
In 2018, IOV Labs launched RIF to offer decentralized products and tools that enable everybody to benefit from Rootstock technology - Everyday DeFi.
ROOTSTOCK
Rootstock is the network that provides the foundation for a new global economy.
It expands the functionality and scalability of the Bitcoin ecosystem without sacrificing decentralization or security.
Rootstock shares the security and decentralization of the Bitcoin network through merge-mining technology.
All smart contracts on the network are EVM compatible, combining the programability of Ethereum with the security and stability of Bitcoin.
RIF
RIF helps businesses build simple, secure and scalable DeFi products that work for everyone.
It enables Web3 projects and Fintech innovators build better with identity, payments, storage, marketplace, and gateway services.
RIF helps fintechs, banks, businesses, financial institutions build simple, secure and scalable DeFi products.
RIF is built on Rootstock, the world’s most secure smart contract network.