RSK, powered by IOV Labs, is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining, allowing them to actively participate in the Smart Contract revolution.
RSK adds value and functionality to Bitcoin while creating the most robust and secure smart contract platform in the ecosystem.
RSK Labs was founded in 2015 and is headquartered in Buenos Aires, Argentina.
RSK Labs enables decentralized applications secured by the Bitcoin Network to empower people and improve the quality of life of millions.
RSK connects the two most successful blockchain platforms built to date – Bitcoin and Ethereum – to enable new smart contracting capabilities. RSK currently achieves 400 payment transactions per second, compared to bitcoin, which only handles only around seven.
RSK Labs is backed by Bitmain Technology, Coinsilium, Digital Currency Group and others. The company has raised a total of $7.3M in funding to date.