Coinspeaker
RAIR Technologies Introduces RAIRprotocol: Paving Way for Open, Transparent, Decentralized Web3
RAIR Technologies, a Web3 firm that empowers organizations to effortlessly generate assets, while ensuring robust DRM security, efficient royalty monitoring, and seamless marketplace transactions, has introduced the RAIRprotocol. It is an open-source decentralized application (dApp) designed to empower scalable dApps. This protocol represents a vital step toward democratizing Web3 technology and promoting transparency within the ecosystem.
Overcoming Web3 Challenges
Ed Prado, CEO of RAIR Technologies, mentioned that one of the challenges hindering the growth of Web3 has been that every Web3 startup is trying to emulate the centralized model of a Web2 giant like Google. He emphasizes the need for Web3 developers to hold on to the principles of its ecosystem, which are decentralization, transparency, and community involvement. RAIRprotocol seeks to pave the way for a more open, transparent, and risk-free Web3 space, as the CEO stated:
“By integrating directly with our code, large enterprises can minimize risk and gain a strategic advantage.”
In an exclusive comment from Ed Prado to Coinspeaker, he noted:
“Developers can build on-chain starting with a fully working box. It takes years and millions of dollars to build production grade dApps. By starting with a working opensource dApp we can 10x the speed new developers onboard to Web3.”
Garrett Minks, CTO of RAIR Technologies, likewise emphasized the importance of open-sourcing Web3 technology. “The current monetization model of Web3 has stifled its innovation. Open-sourcing Web3 technology is not just the right move for maximizing transparency but also for maximizing innovation,” he said.
It was revealed that RAIR’s open-source codebase represents the culmination of four years and over $3 million worth of proprietary development efforts. Developers have also been given the opportunity to use both the RAIR Technologies and RAIRprotocol together or separately, depending on their project needs. The Web3 firm, therefore, revealed six microservices that developers can integrate into their projects to provide flexibility and customization options.
The blockchain firm’s services include RAIRsolidity, which empowers granular on-chain NFT operations through ERC2535 upgradeable diamond multi-proxy contracts. It also offers RAIRnode, a backend component responsible for creating modular API endpoints and establishing scalable off-chain cloud infrastructure. This allows developers to build easy and scalable applications by handling backend functionalities effectively.
Next on the list is RAIRfrontend. This service enables developers to create user-friendly frontend designs customized to their specific designs. There is also the RAIRstream, which allows the delivery of digital rights management-protected content (DRM) and ensures the security of digital content.
Not only that, there is also RAIRsync, which allows all smart contracts to sync through the Alchemy syncing engine, therefore ensuring that smart contracts are updated across different networks. Lastly is RAIRinfra. This service comprises the full open-sourcing of RAIR’s cloud infrastructure tooling, such as Kubernetes and Terraform workflows, allowing developers to access the tools necessary for managing and scaling cloud infrastructure efficiently.
The report went further to reveal that it has also introduced a token licensing model inspired by the Apache 2.0 methodology. This system requires that any development from the RAIR’s open-source code must include a specific NFT license notice in the work file; this approach is done to maintain compliance with the licensing terms and also promote transparency.
RAIR Technologies Introduces RAIRprotocol: Paving Way for Open, Transparent, Decentralized Web3
