Rabi Blockchain

Rabi Blockchain

Blockchain is a term formed by combining two English words, “Block” and “Chain”. It refers to a chain of digital information that is stored within the blocks of this chain. If we were to give a general definition of blockchain, we would say that it is a shared, decentralized, and distributed ledger constructed from a chain of records known as blocks. Each block in this chain stores various types of information, including transaction records. Some of the stored information in each block includes transaction dates, transaction times, purchase amounts, seller and buyer information, etc. What is important is that the storage of information is done without leaking identity information and with a unique digital signature. This unique digital signature is known as a hash, which is a unique code that each block stores and is used to detect activities performed in the blockchain. Rabi Blockchain is launched to convert Rabi tokens into Rabi coins, alongside blockchain giants, providing a path for creating new currencies and reducing network commissions for Rabi transfers.

Higher speed and accuracy make Rabi Blockchain the new leader of this technology.

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About Rabi

The Rabi project is a DeFi application built on the Binance Smart Chain blockchain. It generates Rabi tokens that are soft-pegged to Bitcoin, gold, oil, the US dollar, and shares of technology companies. Rabi tokens are designed to minimize price volatility and serve as a store of value, medium of exchange, unit of account, and standard of deferred payment. The Rabi Protocol is managed by RABI token holders who govern the system and its financial risks through scientific governance. The Rabi Foundation prioritizes security through Formal Verification and mitigation plans for potential risks. Rabi Protocol is a decentralized token that is backed by collateral and is not issued or administered by any centralized actor or trusted intermediary. It has undergone …