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Riddle&Code Ignites the Fourth Industrial Revolution by Easily Onboarding Any Machine onto Web3

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Vienna, Austria–(Newsfile Corp. – November 3, 2022) –  

THOMAS FÜRSTNER, Founder-CTO & JOHN CALIAN, CEO

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To meet this ambitious purpose, the company has now launched programs to help enterprises and trailblazing developers alike capitalize on their own innovation. Called HW-03 Enterprise and HW-03 Community, the two programs from Riddle&Code focus on hardware wallet adoption that will accelerate not only Web3 knowledge but also create new business opportunities for a sustainable future.

Not every blockchain is suitable

Since its incorporation in 2016, Riddle&Code has been developing blockchain solutions for various industrial sectors, mainly energy production and electric vehicle manufacturing. Working with such companies as Wien Energie, Deutsche Telekom and Daimler Mobility, the team at Riddle&Code knows that not every blockchain has the necessary features to meet the specific needs of each industry. In order to push its clients into the fourth industrial age, Riddle&Code has enabled the launch of the RDDL Network, a blockchain-based protocol tailor-made for security, scalability and decentralisation in the energy systems sector. The HW-03 programs are built around usage of the RDDL Network, and require a physical connection via hardware wallets.

“The long experience in the field of cryptographic encryption on special hardware has inspired us to find a suitable solution for the industrial sector” says Riddle&Code’s founder Tom Fürstner, who recently released the whitepaper of the RDDL Network.

The RDDL Network utilizes a unique consensus mechanism called “Proof-of-Productivity”, which makes machines tamper-proof and enables a new kind of trust and traceability for the generated machine data. With a cryptographic hardware wallet connected to a machine, the machine turns into a decentralised identifier on the network – an Industrial Machine NFT. Therefore, the machine itself becomes a part of the network. In the upcoming years, Riddle&Code anticipates over 50 million machines operating as nodes on the RDDL Network, powering the energy sector of the future.

About Riddle&Code
Riddle&Code is a product-led services company specialising in onboarding industries to Web3. The company is the main driver for a world of interconnected token economies by enabling sustainable, green, and resilient machine industries. Riddle&Code offers various solutions to tailor industry-specific hardware wallets and Software-as-a-Service Products to build on decentralised blockchains, mainly contributing to the RDDL Network blockchain protocol.

More information: www.riddleandcode.com / www.rddl.io
Media contact: Christiane Rinke

Contact
Head of Marketing
Christiane Rinke
Riddle&Code GmbH
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142952

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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cbigroup-completes-$15m-series-a-funding,-focuses-on-r&d

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

Correction: CBiGroup Completes $15M Series A Funding, Focuses on R&D

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correction:-cbigroup-completes-$15m-series-a-funding,-focuses-on-r&d

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

COTI V2 changing private play on blockchain via encrypted circuit

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coti-v2-changing-private-play-on-blockchain-via-encrypted-circuit

COTI V2 is revolutionizing blockchain technology with private play through encrypted circuits, offering enhanced speed and efficiency. Currently, the Genesis builder network is live, and the company is inviting developers to join their program. The network supports private play upgrades for Ethereum.

As a privacy-focused Ethereum layer 2 solution, COTI V2 employs advanced encryption technology and encrypted circuits, enabling operations on all devices without compromising personal data.

The primary goal of COTI V2, as outlined in its whitepaper, is to address private play issues on blockchains. Developers can protect privacy through encrypted circuits. The COTI V2 Devnet provides a user-friendly, connectible EVM space (gcEVM) using the Solidity programming language.

Additionally, the COTI V2 network offers developers tools for privacy play with TypeScript and Python SDKs, along with EVM RPC, documentation, a faucet, an explorer, and Hardhat.

COTI has received positive feedback from Civic, a provider of Web3 identification toolkits.

The COTI Foundation plans to launch a privacy-focused growth fund, the ABC Growth Fund, allocating 400 million COTI tokens to provide real-time privacy services.

Developers using the COTI V2 builder network can explore use cases such as confidential DeFi, private payment transactions, stablecoins and RWAs, on-chain data control, confidential AI and machine learning, and decentralized identity recognition.

According to COTI CEO Shahaf Bar-Geffen, the COTI V2 builder and developer program is now available to the public, inviting developers to join the network.

Source: cryptonewsz.com

The post COTI V2 changing private play on blockchain via encrypted circuit appeared first on HIPTHER Alerts.

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