MiVote Technology has built "Reg Stack Network" (RSN) to develop Decentralise Autonomous Organisations (DAO) on a permission based interoperable blockchain network. RSN is offering smart contract, communication layer, data store, crypto abstraction, identity management and therefore serving the RegTech and Fin Tech industries. RSN's marketplace is offering data, analytics, software and services that enables the customers to optimize and execute their business vision with confidence.
RSN's customers are as basic corporates as well as federal governments at any level and everything in between. RSN is meant for those who are looking for secure, trust, scalable Distributive Ledger Technology (DLT) based electoral process for immutable recording of votes and anonymous voter's identity. RSN's blockchain network which functions on Redundant Byzantine Fault Tolerance (RBFT) for consensus development, helps to bring the solutions to the customers and eventually takes innovative approach to transform the customers into Decentralise Autonomous Organisations (DAO).
RSN connects is developing interaction field marketplace for its DAOs. The interaction field is a digital platform intentionally organised to generate, facilitate and benefit from interactions rather than transaction. RSN has been designed to facilitate communication, engagement, and information exchange among multiple people and the allied ecosystem, just not limited to anybody. Unlike interactions that, facilitates trade or deal flows, these interactions don't always focus on just one outcome.
RSN aims to evolve as validated global data bank for the said marketplace for its DAOs. Eventually, RSN will address the needs and the voices of the DAOs. Hence, the interaction field empowers all the supply chain participants in its eco system. However, the DAOs control their data through cryptographic encryption via agnostic blockchain token mechanism.
RSN is working to build consortium model to work with various industries by leveraging Distributive Ledger Technology (DLT). Decentralise decision making applications in interaction field would be debated over the role of a 'centralised' authority, creating and administering distributed ledgers with defined business rules versus open-source public blockchain network. While the former offers stronger governance in the electoral process, the deliberations and dialogue between the policy makers would be perceived in the coming days, in relation to the benefits of DLTs versus the Public blockchain network like Ethereum and Bitcoin. RSN is committed to invest in research and development on the role of a DLT based electoral process versus the open-source models, especially in the context of regulatory requirements and reporting, in order to ascertain the appropriate level of governance required.