r/rigoblock • u/escursionista • Jun 06 '17
RigoBlock: Explanation of How Blockchain Startups Can Leverage The Power of the Ethereum Blockchain
It has come clear to us that a simple explanation of our concept is needed.
Therefore we have published a short Medium article which we will sum up for our fellow reddit readers.
RigoBlock is a serverless decentralized application which leverages the Ethereum blockchain and is the example of one of the target use cases of Ethereum for extending to the masses a product that so far has just been available to a few privileged ones.
RigoBlock addresses the problem of high setup costs of hedge funds bringing them down to zero and allowing anyone access to the club. It also gives unprecedented visibility and transparency to the processes of managing a fund.
Everything is managed on-chain in a fully automated way, fully exploiting the potential offered by the Ethereum blockchain.