Israeli Blockchain Startup Synereo Announces RChain

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Israeli Startup Synereo has just announced a new product called  RChain – A Blockchain based technology stack, enabling decentralized on-line computation and storage without centralized servers.

Two weeks after the company’s announcement of its decentralized Social Media platform moving into alpha, Synereo discloses the underlying Technology Stack, enabling its Social Network to function without centralized servers – which are normally required for the processing of network activity and the storage of user information.

The newly announced technology combines significant improvements on existing decentralized technologies with developments unique to Synereo – providing for the first time scalable decentralized computation abilities on an industrial scale. Starting from Q4/2017, it will be possible to deploy fully operational applications on the system, without them having to be stored in a centralized location, effectively revolutionizing the way the internet works. 

Synereo’s recently announced fundraising campaign is intended to fund the refinement of its Tech Stack, as well as to push forward the development of best-of-breed developer tools. Synereo’s existing technology already allows fully decentralized and distributed applications to be created – its social network is one such application, and Synereo’s other partners are using it as well – and with the next release planned for next year, Synereo’s architecture will become mature enough to match high-end industry requirements and be competitive with centralized computing platforms.

Synereo has recently announced a sizeable grant project, inviting developers and entrepreneurs to develop decentralized applications for its platform, to foster the development of a decentralized ecosystem, competing with the current centralized paradigm.  

Synereo’s next version of its Tech Stack, to be released in 2017/Q4, will be composed of 4 layers, built on top of each other, as depicted on fg.01. 

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.