Rootstock (RSK) is a smart contract platform that is secured by the Bitcoin network. It enables developers to build decentralised applications (dApps) and deploy Ethereum-compatible smart contracts on the Bitcoin blockchain. Rootstock aims to bring the benefits of smart contracts and decentralised finance (DeFi) to Bitcoin, leveraging its security and decentralisation.

• ●EVM Compatibility: Rootstock is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy Ethereum smart contracts on the Rootstock network.
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• ●RBTC: Rootstock’s native cryptocurrency, RBTC, is pegged 1:1 to Bitcoin (BTC), enabling seamless interaction with DeFi protocols and dApps on the Rootstock network.
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• ●Merged Mining: Rootstock is secured by over 50% of Bitcoin’s hashing power through merged mining, ensuring robust security.
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• ●Interoperability: Rootstock allows for asset bridging between Bitcoin and Ethereum, facilitating cross-chain transactions.
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• ●Scalability: Rootstock provides scalable solutions for smart contracts and DeFi applications on the Bitcoin network.
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• At Greengage, we formed a strategic partnership with Rootstock (RSK). Rootstock Labs, the organisation behind RSK, invested in Greengage to support its expansion and technology development. This partnership aims to create socially responsible and financially inclusive solutions using Rootstock’s blockchain technology and the Rootstock Infrastructure Framework (RIF).
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This collaboration will enable us to support the expansion of B2B lending to underserved markets, such as SMEs.

For more information, visit: https://rootstock.io

Related News Links:

https://www.rootstocklabs.com/blog/digital-asset-banking-innovator-greengage-receives-2-5-m-institutional-investment-from-iovlabs-fund/?form=MG0AV3

https://www.rootstocklabs.com/blog/unveiling-second-wave-of-the-grants-program/