What is RiveX and How Does it Work?
RiveX is a project that aims to change the way decentralised finance projects operate by offering solutions such as the RX Wallet that is able to work with dApps from different blockchains to allow for an interoperable ecosystem within the wallet. This means that it can act as a bridge between different blockchain protocols to allow for the quick transfer of information between chains by offering a scalable operable framework. By using the Wanchain network, the project is able to create a protocol that is able to get the best of both worlds when it comes to public and private blockchains, with the view of creating a great platform for the future of DeFi projects.
If successful in its objective, RiveX could be a game changing platform for the cryptocurrency and blockchain industries, as it would allow for far more integration between different blockchains. This would be particularly valuable for cross-examining different data sets to find solutions to a number of problems, particularly for those where confidential data is used, such as medical histories.