Introduction

SIX Protocol : BRIDGING REAL-WORLD ASSETS AND BLOCKCHAIN INNOVATION

Origin Story

SIX Protocol is a blockchain technology designed to serve as a versatile solution for businesses and industries across both the physical and digital worlds. It empowers organizations to effectively integrate blockchain technology into their operations with greater efficiency and strategic flexibility.

The core vision of SIX Protocol is to support businesses in creating or migrating their current models onto the blockchain. This is achieved by providing robust toolkits and seamless communication channels between applications and the SIX Protocol Chain. Through an extensive collection of APIs, developers can efficiently integrate their applications with SIX Protocol, ensuring a streamlined experience.

One of the standout capabilities of SIX Protocol is Real-World Asset Tokenization, which enables the transformation of physical assets into digital ones. With SIX Protocol driving our Tokenization Platform, businesses benefit from a secure, transparent, and fast process that ensures real-time data verification. This innovation simplifies access to tokenized real-world assets (RWA), making it easier than ever for users to engage with these opportunities.

What is SIX Protocol?

SIX Protocol is a blockchain platform that aims to provide a secure and efficient infrastructure for businesses to build and deploy decentralized applications (dApps) and services. It is designed to be scalable and flexible, making it suitable for a wide range of use cases.

One of the key features of SIX Protocol is its cross-chain capabilities, allowing tokens and other assets to be easily transferred between different blockchain networks. This enables businesses to access a larger user base and leverage the benefits of different blockchain ecosystems.

SIX Protocol uses a proof-of-stake consensus mechanism, where validators are rewarded for securing the network and verifying transactions. The platform also offers staking opportunities for Business and individual users, allowing them to earn rewards for participating in the network's operation.

'SIX Protocol' - Infrastructure Blockchain for Business Development

SIX Protocol is an infrastructure blockchain layer designed to help enterprises across industries build, create, or migrate their businesses onto the blockchain, with a particular focus on Real-World Asset (RWA) tokenization. The platform allows businesses to tokenize physical assets, transforming them into secure and tradable digital assets.

Why SIX Protocol?

As SIX Network's first-ever public blockchain, SIX Protocol aims to provide interoperable smart contract deployment space. The network is a decentralized and innovational playground for developers to efficiently and securely launch smart contracts using proven frameworks.

SIX Protocol also utilizes the contract module, "CosmWasm," which allows decentralized applications (dApps) built on secure multi-chain smart contracts.

EVM Compatible

SIX Protocol is a blockchain infrastructure that has been designed for real-world businesses built on Cosmos and has been upgraded to support the Ethereum Virtual Machine (EVM), offering new opportunities for users to create decentralized applications (dApps).

Cosmos SDK

The SIX Protocol Chain is built using the Cosmos SDK framework, a blockchain framework that utilizes Inter-Blockchain Communication (IBC) to enable cross-chain utilities. The Cosmos SDK framework is also a generalized framework that simplifies building secure blockchain applications on top of Ignite (formerly known as 'Tendermint').

SIX Protocol Chain also built additional modules specifically for our protocol, including Protocol Admin and Token Manager.

Inter Blockchain Communication (IBC)

The Cosmos ecosystem's core is the Inter Blockchain Communication Protocol (IBC), which sets the avenue for an interoperable base layer 0 to transfer data across many independent networks supporting IBC.

This marks our first step for the SIX Protocol to enable cross-network smart contracts as the IBC Protocol is a standard we use to connect SIX Protocol to other chains in the Cosmos ecosystem such as Osmosis Cosmos, Juno, etc.

Ignite

Agreement on the SIX Protocol network is reached via Ignite BFT consensus (formerly known as 'Tendermint')

Ignite BFT is a solution that packages the networking and consensus layers of a blockchain into a generic engine, allowing developers to focus on application development instead of the complex underlying protocol. As a result, Ignite saves hundreds of hours of development time.

Driving the RWA Tokenization Platform

Our platform empowers businesses to design user benefits conveniently and efficiently. All data is securely stored on the blockchain, with a membership system that enables real-time tracking and management of member privileges. Additionally, the platform facilitates the tokenization of real-world assets into digital assets, making high-value assets more accessible to retail investors and everyday users.