ReapChain is a Blockchain as a service (Blockchain as a Service), and consists of Reap SDK for connecting and authenticating devices, ReapMiddleChain and ReapChain for data processing and storage, and Reap Platform for operating and managing all services.
Prevention of data
forgery through object PID.
Providing services specialized for
distributed processing and security of large data.
Provides reliable and flexible private
temporary data storage.
Easy and fast
IoT-only system construction.
IoT can be applied to logistics operations to increase supply chain visibility and efficiency, and to prevent disruptions in a smooth delivery.
ReapChain collects, analyzes, and shares information from freight shipments, pick-ups, and transportation to the right delivery to consumers, optimizing reliability, efficiency, and processing speed to achieve innovation in the distribution and logistics industries.
Product production and data (basic information) input based on IoT sensor applied with Reap SDK
Continuously transmit and verify product status data through sensors
Transmission and verification of additional data such as location information and record of delivery and receipt in the entire distribution process
Receive and confirm reliable data on products purchased by end consumers
The energy sector is pursuing domestic automation and energy management efficiency by integrating advanced information and communication technology (ICT) such as IoT.
The energy management system utilizing ReapChain BaaS can improve the above problems and build an efficient system.
Aggregate various data and power generated from smart home devices with Reap SDK through smart meters
Continuous transmission and verification of device status and power data through smart home device control devices
Through the Reap Platform, the electricity producer checks the amount of electricity required in each home, and the service provider checks the device status data to improve service quality
eceiving reliable data and checking information on individual devices in the smart home at home
ReapChain's business is a platform and DApp business composed of various IoT-based business fields.
ⅰ) Combination of each business area through platform activation
ⅱ) Establishing a reasonable fee and incentive system
ⅲ) Establish a business model by building a competitive infrastructure through token economy with competitiveness and profitability.
ReapChain BaaS Service fee
Reap HUT service fee
Fees for data transfer
Required data purchase cost
Participants in the ReapChain ecosystem will be a member of the IoT-based 4th industrial ecosystem and will contribute to the development of the IoT industry while gaining economic benefits.
Participants in the ReapChain ecosystem will be a member of the IoT-based 4th industrial ecosystem and will contribute to the development of the IoT industry while gaining economic benefits.
Apart from the reward for total commission income, 10% of the total amount of REAP issued is rewarded for participation in the ecosystem, and is provision 1% annually over 10 years. When the 1.2 millionth block is created, it is paid to all REAP holders in proportion to individual REAP holdings.
