BitGive and OAK partner with RootstockLabs to leverage Rootstock blockchain technology
RootstockLabs, a key contributor to the Rootstock blockchain, is announcing the official Latin American launch of RIF (Rootstock Infrastructure Framework) at the Latin America Bitcoin and Blockchain Conference in Santiago, Chile. RIF is a suite of open and decentralized protocols that enables faster, easier, and scalable development of distributed blockchain applications (dApps) within a unified environment.
RIF enables broad interoperability and faster time to deployment, bridging the gap between blockchain technologies and their mass market adoption. RIF implementations, combined with Rootstock’s security and smart contract functionality, will bring financial equality and prosperity around the world a step closer to realization. RootstockLabs chose to build its implementations of the RIF Protocols on top of the Rootstock blockchain because of its unique position as the first open-source smart contract platform secured by the Bitcoin Network.
Diego Gutierrez-Zaldivar, former CEO of RootstockLabs and cofounder of Rootstock, said: “We’re delighted to present the new RIF platform to our loyal Latin American community. The Latin American Bitcoin and Blockchain Conference brings together some of the biggest and brightest stars in the blockchain realm, and we’re excited to give this community an inside look at our newly launched product and encourage them to engage with it.”
In a related announcement, BitGive, the first Bitcoin 501(c)(3) nonprofit, and OAK Node, the “app store” for crypto nodes, have partnered with RootstockLabs to leverage Rootstock to build their platforms. The organizations will be joining the RootstockLabs team at the Latin America Bitcoin and Blockchain Conference and will provide demos of their respective technology onsite.
OAK is a cross-platform solution that makes it possible for anyone to host any cryptocurrency node in less than 15 seconds – no coding required. Through the partnership with RIF Labs, developers will be given unprecedented tools to speed up the development of nodes and provide greater incentives to host nodes. In addition, BitGive is using Rootstock for the development of its Bitcoin donation platform, GiveTrack. The platform offers unprecedented transparency in the donation process, giving donors the ability to trace transactions on a public platform in real-time.
Nina Wieczorek, CEO of OAK Node, said: “We’re thrilled to partner with the inspiring team behind Rootstock to support the growth of their network. Rootstock’s smart contract protocol is a major driver of the value economy, and we’re bringing powerful and simple developer tools to Rootstock and RIF. OAK will help grow their distributed infrastructure, hosted by real users, and we can’t wait to see what their community builds.”
Connie Gallippi, Founder and Executive Director of BitGive, added: “We are very excited and quite honored to roll out one of the first products using Rootstock technology on the main net. We have a long-standing and great working relationship with Rootstock and the team. BitGive and Rootstock are mission-aligned, and both organizations are passionate about the possibilities of Bitcoin and blockchain and committed to empowering people through leveraging this innovative technology.”
About RootstockLabs
RootstockLabs is a key contributor to Rootstock, the first, biggest, and longest-lasting Bitcoin layer 2.
RootstockLabs specializes in pioneering innovative solutions within the blockchain space, empowering developers with funding, technology, and marketing support to expand the frontiers of decentralized technology and make Bitcoin work for everyone.
Rootstock is the first, biggest, and longest-lasting Bitcoin sidechain. It is the only Bitcoin layer 2 that combines the security of Bitcoin’s proof-of-work, with Ethereum’s smart contract capabilities.
Rootstock is open-source, EVM-compatible, and secured by over 60% of Bitcoin’s hashing power, which makes it a gateway to a vibrant ecosystem of dApps that continues to evolve to become fully trustless.
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About BitGive
BitGive was founded in 2013 by leading industry figure Connie Gallippi. Based in California, BitGive is the first Bitcoin 501(c)(3) nonprofit recognized by the U.S. government. The organization aims to bridge the gap between the Bitcoin and Blockchain industry and its practical applications for humanitarian and nonprofit work.
BitGive facilitates fundraising for charitable donations using Bitcoin and remains dedicated to using today’s cutting-edge financial technologies for social good. The first of its kind, BitGive is revolutionizing global philanthropy through technology with its flagship project, GiveTrack.
The organization has established strong partnerships and raised funds with prominent nonprofits that include Save the Children, The Water Project, TECHO, and Medic Mobile.
For more information, please visit www.bitgivefoundation.org.
About OAK Node
OAK is a cross-platform solution that simplifies joining crypto networks and dramatically reduces the time to set up and run multiple nodes to less than 15 seconds. It gives users the tools to respond dynamically to changing market conditions and protocols the power to create incentive structures resulting in greater user and developer adoption.
OAK was founded by Nina Wieczorek and Marcin Gasperowicz, both co-founders of NativeTap, an app that allows you to debug apps on mobile devices remotely. Today, they’re leveraging beautiful design, powerful developer tools, and open partnerships to create the world’s first truly decentralized infrastructure on demand.
For more information, please visit https://oaknode.com/