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Bitcoin Smart Contract Startup RSK Unveils New Infrastructure Project

Published 11/20/2018, 04:00 AM
Updated 11/20/2018, 04:15 AM
© Reuters.

RSK Labs, the startup working on smart contract functionality for bitcoin by way of sidechains, is operating under a new banner as part of a wider reimagining of its development ecosystem.

The newly-dubbed Root Infrastructure Framework (RIF) Labs is headed by many of the same individuals that created the highly-anticipated platform in January of this year. It's a continuation of the work RSK Labs has been doing to date, with a specific focus on building "easy-to-use interfaces and language libraries that simplify the use of blockchain infrastructure," according to RIF Labs head of marketing Gloria Vailati.

Unveiled this week, the company outlined the creation of five different code implementations or protocols to be integrated into the RSK smart contract platform. Collectively referred to the RIF Open Standard or RIF OS, each protocol is intended to simplify and streamline the development of decentralized applications, or dapps, and encourage broader adoption of blockchain tech as a programming tool.

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