RIK/INR: Convert RIKEZA (RIK) to Indian Rupee (INR)

RIKEZA (RIK) is a decentralized, peer-to-peer (P2P) digital asset and payment network underpinned by an open-source blockchain protocol. It aims to provide an alternative to traditional cryptocurrencies for mass adoption, striving to evolve as the foundation of a new, global, digital crypto-based economic system. RIK operates on a Proof of Authority (PoA) consensus system, which supports short block time and lower fees. This system allows the most bonded validator candidates of staking to become validators and produce blocks. RIK also supports Ethereum Virtual Machine (EVM)-compatible smart contracts and protocols, enabling cross-chain transfer and other communication due to its native support of interoperability.

RIKEZA operates on a PoA consensus system, which supports short block time and lower fees. The most bonded validator candidates of staking become validators and produce blocks. The double-sign detection and other slashing logic ensure the security, stability, and chain finality of the network. RIK also supports EVM-compatible smart contracts and protocols, which means it can interact with the rich universe of Ethereum tools and DApps. This compatibility allows developers to port their projects over from Ethereum with ease. RIK also has native support for cross-chain transfer and other communication, making it possible for assets to move between chains.

RIKEZA aims to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner. Users can send and receive RIK, issue new tokens to digitalize assets, and use Rikeza Chain as an underlying exchange/transfer network for these assets. For developers, RIK offers smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). This compatibility allows developers to port their projects over from Ethereum, and for users, it means that applications like MetaMask can be easily configured to work with RIK. Developers can also issue new tokens to digitalize assets, run a full node to listen to and broadcast live updates on transactions, blocks, and consensus activities, and develop wallets and tools to help users use Dapps.

RIKEZA (RIKEZA Blockchain Ltd) was launched in November 2021 by Mohit Shukla and his team, who are experienced blockchain developers and business consultants. The team included Akshay Kumar, a full-stack developer and blockchain engineer, who played an integral role in implementing Web3. Mohit Shukla, the founder and Chief Executive Officer of Rikeza, is a blockchain programmer and entrepreneur. Before jointly starting Rikeza Blockchain Ltd., Mohit Shukla had served as the Director of Study'n'Learn, and the Chief Executive Officer of P2P Software's. The Rikeza Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.