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Public-Permissioned Architecture

Purpose and design​

The Rizenet blockchain is crafted to facilitate a decentralized infrastructure where institutional players can validate and manage interactions with various counterparties, thereby meeting stringent legal obligations and managing risk effectively. To maintain high standards of security and compliance, the deployment of smart contracts is restricted to whitelisted addresses.

Rizenet sets itself apart from other blockchains because it is built specifically for enabling our privacy preserving machine learning infrastructure for tokenized RWA.

Access Control​

The Rizenet blockchain is a public-permissioned blockchain designed specifically to make asset tokenization faster and smarter. Built with the Avalanche L1 technology using the Ethereum Virtual Machine (EVM) as the smart contract execution engine. The chain is a crucial part of T-RIZE’s solution to enhance functionality of tokenized RWAs by integrating AI models. This integration will enable smarter and automated decisions directly into smart contracts.

Since March 2024, the Rizenet testnet is operational and under active development. Engineers are testing its capabilities, partners are providing operational feedback and the research partners from the T-RIZE Labs are working on the documentation. A significant development is the integration of university validators, which bolsters the network's integrity and security. The mainnet will be launched once all testing is completed.

AspectDescription
Reading the BlockchainPublic. Anyone can read the blockchain.
Sending TransactionsPublic. Anyone can submit transactions.
Validator SetPermissioned. Only selected reputable entities can participate as validators.
Smart Contract DeploymentPermissioned. Only allowed addresses can deploy smart contracts.

Rizenet Blockchain Comparison​

The Rizenet public-permissioned blockchain is designed to leverage the best aspects of both public and private blockchains, creating an environment where permissioned entities can operate with high transparency, performance, and security. This hybrid model offers a balanced solution for institutions that require controlled access while still benefiting from the decentralization and auditability commonly associated with public blockchains.

Public-PermissionlessPublic-permissionedPrivate-Permissioned
ADVANTAGES
  • + Decentralization
  • + Transparency
  • + Trustless
  • + Standardization
  • + Security
  • + Access Control
  • + Transparency
  • + Performance
  • + Scalability
  • + Auditability
  • + Access Control
  • + Performance
  • + Customization
DISADVANTAGES
  • - Performance
  • - Scalability
  • - Access Control
  • - Upgradability
  • - Decentralization
  • - Decentralization
  • - Trust
  • - Auditability
USE CASES
  • - Cryptocurrency
  • - Decentralized Finance
  • - Asset Ownership
  • - Document Validation
  • - Smart Cities
  • - Banking
  • - Supply Chain
  • - Healthcare