CARTESI: CREATING REAL WORLD COMPUTATIONS WITHIN A BLOCKCHAIN NETWORK
Cartesi help runs computations off-chain and on the blockchain, taking place on the RISC-V processor within the Linux OS. Cartesi has the ability to attain local consensus, instead of only global consensus offered by previous blockchain solutions. The main purpose behind the development of the Cartesi platform was to solve the two-layered issues of scalability in the blockchains. The first layer issues are the basic level protocols of the blockchain. The second layer is the smart contracts related issues like storing more data, cryptographic keys, and authentications. Cartesi was developed to seize the core of all the already present layer1 and layer 2 solutions. Smart contracts are the building blocks of a blockchain system. The smart contracts on the Cartesi network are able to run on various blockchains simultaneously. So, smart contracts operate off-chain and the disputes are settled on-chain.
Cartesi can help within the healthcare sector in several ways. Cartesi can be used to develop neural networks that would help in making a diagnosis. With folding protein models, treatments for cancer can be explored. New drugs can be completely tested and computed within a blockchain network.
Cartesi application will have the capability of identifying the content of many blockchains. This will empower the smart contracts that nee the data on other smart contracts. The main applications will be interoperability among various blockchains and services like insurance.
The decentralized games will become a reality. Games, needing a huge amount of data, fantasy leagues, will be allowed to store that immense data on a trustless platform with off-chain verification. The implementation of oracles would help in changing the gaming world. Decentralized games will be able to include trustless participation on a massive scale internationally.
The verification system of the Cartesi applications would allow the goods within a supply chain system to be validated and legitimized. the scalability and decentralization would allow high throughput and storage of huge amounts of data securely.
Cartesi plans to develop a replayable networking port. This networking port will let Cartesi resolve disputes through computations using networking connections. This will make the services decentralized, taking the world towards an actually decentralized Internet nicknamed Web 3.0
Cartesi is crucial to oracle solutions, that involve a huge amount of complicated data. Decentralized applications can resolve disputes with rigorous computations on a huge quantity of external data, which cannot be accessed by blockchain. The high costs of storing massive amounts of data are not required anymore.
Cartesi plans to implement the introspection, verified networking, and support for android and enclave as future projects. The digital world is the name of constant developments. Cartesi intends to stay up-to-date with all the developments within the blockchain technology by employing a great team of engineers and scientists. Introspection would allow the DApps to retrieve data on other blockchain networks. Cartesi is determined to improve its established verification system. This can be achieved by attaining the ability to verify all computations, even as other external computation may exist. Cartesi aims to provide support for enclave and android, to reach a wider market.
Company Necessary details given below
Website : https://cartesi.io/
Telegram URL : https://t.me/CartesiProject
Official Medium : https://medium.com/cartesi
Whitepaper : https://cartesi.io/cartesi_whitepaper.pdf
Facebook Page : https://www.facebook.com/cartesiproject
Twitter : https://twitter.com/cartesiproject
Youtube URL : https://www.youtube.com/channel/UCJ2As__5GSeP6yPBGPbzSOw
Reddit URL : https://www.reddit.com/r/cartesi/
Author Details
Ethereum Wallet: 0x094C3c615517c9E996a04D9e224F55B75C33aC11
Telegramm user: @RuairiPz
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2297270
BTT user: Treehouse54