The Rebus channel partners with the Cosmos ecosystem

The Web3 universe is evolving at high speed. Every day changes are visible. Thus, the different ecosystems are trying to improve in order to make Blockchain technology ever more accessible. The idea is to replace traditional methods with state-of-the-art technology. This is precisely why Rebuschain partners with the Cosmos ecosystem.

Tweet explaining why Rebus chose the Cosmos ecosystem

The limits encountered by Rebuschain

The Rebus business model sells DeFi products to financial institutions who themselves resell them to their customers. It is therefore a fusion of DeFi and traditional finance, aimed at improving the utility of assets. But all this is not as simple as it seems. This presents some challenges: technical and regulatory procedures that include the ability to trade DeFi assets on different blockchains. This is in order to comply with banking regulations.

These constraints seem all the more important with blockchains based on virtual machines (VMs), such as Ethereum.

Application-specific blockchains, as the name suggests, are built for a specific reason or for a single application using a common ecosystem. Developers can add or modify features without referring to third-party applications.

This remains impossible with blockchains using VMs, which provide account-based functionality and do not allow automatic code execution. Application-specific blockchains remove these limitations. Moreover, the requirement of the quick fix could not be controlled by the VM. Finally, the virtual machine forces coexistence with other decentralized applications (dApps), which offer limited sovereignty.

All of these problems are solved with application-specific blockchains.

Why choose the Cosmos ecosystem?

Cosmos is a decentralized network of independent and parallel blockchains. But how is Cosmos better? First, it offers the ease of interoperability with IBC and ICA (Inter-blockchain communication & Interchain Accounts) solution which is the main requirement for Rebus’ products.

In addition, it also meets traditional financial regulations which include:

  • A sovereign L1 chain interconnected with other
  • Network security monitored
  • Ability to use own native tokens (REBUS) for transactions
  • Reduced risk of downtime

Finally, Cosmos is a cosmopolitan network of users and shared resources.

Conclusion

App-based ecosystems seem to be more popular these days. There have also been a lot of developments in this area recently, providing better features for users. A number of companies, such as Rebuschain, are now able to assess how easily they can run on application-specific blockchains. This would help them achieve their goals better and achieve better results in terms of user satisfaction.

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Emile Stantina

Interested in investment and financial markets after a business school in Chambéry, the passion for cryptocurrencies was obvious. The blockchain is surely the universal tool of tomorrow.

We wish to thank the author of this short article for this amazing web content

The Rebus channel partners with the Cosmos ecosystem


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