Railz (RLZ)

Railz is a blockchain-based next-generation protocol for a trillion machines to talk, negotiate, and deliver the internet of things economy.

Review Score
3.77/5
ICO Price
0.034871 USD
0.0002 ETH
Pre ICO Price
0.034871 USD
0.0002 ETH
Soft Cap
6,200 ETH
Hard Cap
100,000 ETH
Pre ICO Start Date
4 June 2018
Pre ICO End Date
25 June 2018
Start Date
2 July 2018
End Date
23 July 2018

What is Railz?

A decentralised next-generation transaction protocol for machines, designed to scale.

Decentralised using the Ethereum blockchain and designed to scale. Next-generation consensus algorithm allows machines to ‘negotiate’ rather than simply agree or disagree. Enables IoT devices to self-organise and configure themselves into complex supply chains. Transmission protocol delivers 30x throughput on Ethereum network under test conditions.

Our goal is to enable a trillion IoT devices to be able to conduct sophisticated commerce, self-organise into supply chains, trade autonomously without human intervention.

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