Redbelly Network RBNTPrice $ 0.00914

Redbelly Network is a scalable and secure layer 1 blockchain developed at the University of Sydney in collaboration with CSIRO, Australia's National Science Agency. Patent # 12093247 issued in the US. Redbelly enables asset issuers tokenize assets into compliant onchain-structured products.

Redbelly Network integrates full user identity and accountability at the transaction layer, protecting user PII with zero-knowledge proofs (ZKP) and verifiable credentials. This ensures proper licensing, jurisdiction compliance, and eliminates the need for repetitive KYC processes. Compliance is automatically enforced and customizable by asset class and jurisdiction, removing the need for offline registries and paper-based checks. Redbelly enables asset issuers to build digital registries, creating a single source of truth for entire asset classes on-chain and facilitating the creation of new structured financial products from tokenized assets.

Redbelly Network provides high throughput and fast transaction completion while maintaining energy efficiency through a consensus mechanism that combines Byzantine Fault Tolerance (BFT) and blockchain verification. Redbelly eliminates forks by ensuring that all transactions are completed within seconds and recorded in a single immutable ledger.