5irechain
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| 5ireChain | |
|---|---|
| Development | |
| Original author(s) | Vilma Mattila, Prateek Dwivedi, Pratik Gauri[1] |
| Initial release | January 2021 |
| Development status | Active |
| Written in | Rust, Go, JavaScript |
| Operating system | Cross-platform , Linux(primarily), Mac OS, Windows |
| Developer(s) | 5ire Foundation, Zakaria Salek, Dr. Samiran Bag, Raja Anche, Alvin Jay Reyes, Ho Dung, Sushant Salil, Dr. Jamshed Memon, Himanshu Sharma, Abdullah Eryuzlu, Laurens Kubat |
| Source model | Open source |
| Website | 5ire |
| Ledger | |
| Timestamping scheme | Proof-of-stake |
| Valuation | |
| Market cap | US$10 million (January 2021)[2] |
Search 5irechain on Amazon.
5ire is an open-source and decentralized blockchain, with consensus achieved using proof of stake which facilitate peer-to-peer transactions with its internal cryptocurrency, 5irechain. The 5ire project provides open-source software for authentication, data storage and replication.[1][3]
5ire was founded in 2021 by Pratik Gauri, Prateek Dwivedi and Vilma Mattila. The development of the project is overseen and supervised by the 5ire LLP based in London, United Kingdom.[1][4][5]
Background[edit]
The platform was launched in 2021 by Pratik Gauri, Vilma Mattila, Prateek Dwivedi & Zakaria Salek.[1][6] 5ire was initially described in a white paper by Pratik Gauri, Vilma Mattila, Prateek Dwivedi & Zakaria Salek in 2021.[7]
5ire works with the All India Council for Technical Education (AICTE), a statutory body, and a national-level council for technical education, under the Department of Higher Education,[8] to create a blockchain that will be used for academic activities by students under the auspices of AICTE. Anil Sahasrabudhe, the chairman of AICTE, commented on the partnership that "This not only provides an elevated learning opportunity for over 7 million students in India that AICTE governs, it gives each of these students an opportunity to mine and earn NFTs on the YOL platform powered by 5ire."[9][10][11]
5ire currently partners with the Muzaffarnagar Police in enabling "'smart policing" in the city.[12]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 "5th IR aspirant Sustainable Blockchain". entrepreneur.com. Retrieved 2021-12-01.
- ↑ "5ire Ecosystem Receives $1.1Million Investment From Sanctum Global Ventures And Diamond Hands Taking Total Funding To $10Million". AiThority.com. Retrieved 2021-12-13.
- ↑ "5ire names Raj Kapoor as India strategy lead". Financial Express. Retrieved 2022-01-30.
- ↑ "5ire". 5ire. Retrieved 2022-01-30.
- ↑ "Budget 2022: Experts exhort Centre to regulate crypto trades". Daijiworld. Retrieved 2022-01-30.
- ↑ "What does the crypto industry expect from the Fed's meeting?". Economic Times. Retrieved 2022-01-30.
- ↑ "5IRECHAIN: A SUSTAINABILITY-DRIVEN FIFTH-GENERATION BLOCKCHAIN" (PDF). 5ire.org.
- ↑ Technical Education Overview Archived 5 October 2011 at the Wayback Machine Department of Higher Education
- ↑ "AICTE and 5IRE collaborate". The Hindu. Retrieved 2022-01-30.
- ↑ "AICTE, 5ire partner to launch the world's biggest happiness blockchain". Business Today. Retrieved 2022-01-30.
- ↑ "AICTE & 5IRE Join Hands To Launch World's Biggest Happiness Blockchain". Pragativadi. Retrieved 2022-01-30.
- ↑ "In a first, Muzaffarnagar police to deploy blockchain-based tech for smart policing". Times Of India. Retrieved 2022-01-30.
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