RIF Labs Blockchain Service Company Launches RSK Name Service (RNS)

The RIF Labs Has Gone Ahead To Launch The RSK Name Service

One of the top blockchain infrastructure services company, RIF Labs, a company that is led by the RSK Lab’s founding team together with several other top executives has just announced their new launch of the RSK Name Service, also referred to as the RNS.

What To Know About The RNS?

The RNS is actually the very first implementation of the RIF Directory Protocol, one that has been able to allow different users access to the Root Infrastructure Framework Open Standard, which is the RIF OS.

Users are given full aces to these services that will enable them to quickly identify the relevant resources that are present such as the RSK addresses, the social network handles, some public keys and many more that are within the RSK Live Network, all this being made possible through the readable aliases plus the domain names.

According to the CEO of RIF Labs, Diego Gutierrez Zaldivar, the company is continuing to build out the current RIF OS together with expanding the current capabilities that are within the RSK Smart Contract Network. Initially, when the internet was being developed it proved difficult to understand the transformative potential it was able to offer.

Thus, without the development of services like the DNS we would all be trying to rely on our memory in remembering an IP address if you are to access internet services. He goes on to say that without the development of such services we wouldn’t witness such massive adoption taking place.

With the use of the RNS, it has been helpful in trying to adequately map human-readable aliases that can be used in the current hard to use the hexadecimal address that is used by blockchain developers and users.

How it has made it easier is this way, if you are searching for your friend, say called Alice, instead of searching using this address ‘3h45s56ht87sbla55689nngsjs53fcs34Grnsnb654b’ you can just go ahead and search for ‘alice.rsk’.

The RNS platform has been designed to adopt a bidding system that will be used in the domain registration; this is to ensure that there is fairness all through. The RNS has become the precursor when we look at the powerful services offered that will be able to integrate a full suite of the RIF OS Protocols, it is the likes of the data storage, some off chain payments, having secure communication and data feeds.

Zaldivar went ahead to state that the companies vision has been to focus their efforts on the creation of the Internet of value.

This is where there is an open network where different individuals will be able to transfer value from one point to the next very quickly, all this been done without any censorship or even intermediation. But this is not all as the company also aims at ensuring that they make RNS available to all the users of the market.

Thus, the company is aiming at making the system accessible to the billions of individuals who are unbanked and even underbanked, as a result, they believe with this they will be able to combat the current financial inequality that is wracking the globe.

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