Rapids Network (RPD) describes itself as a community-oriented and decentralized blockchain that is focused on integrating widgets into mainstream social media platforms to facilitate the sending and receiving cryptocurrencies amongst friends, family, colleagues, B2C, B2B and B2B E-Commerce.
It utilizes a two-tiered, energy efficient network that combines a Proof of Stake (PoS) 3.0 protocol, for the creation of new blocks and the security of the network, and a Masternode network to enhance the stability, provide functionalities, and community-based governance. Rapids Network’s executive team is located in the US and the UK.
The Rapids Network plans to support other blockchains in the future to offer social interoperability alongside scalability to existing public blockchains. Rapids Network is officially registered in the European country Estonia as a payment system. License FIU14645841.