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. 

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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