Roadmap
Phase 1
Q2 2018
Early TestNet API
Phase 2
Q4 2018
Proof-of-Concept
Phase 3
Q2 2019
Mainnet Release (CPP)
Phase 4
Q4 2019
Mainnet Release (CSP)
Phase 5
Q2 2020
Scaling Adoption
Phase 6
2022 and beyond
Future Applications
Phase 2: Proof-of-concept
Phase 2 lays the technical groundwork and technical assessment for Rate3 Dual Protocol. CPP will be implemented on Stellar while CPP will be implemented on Ethereum. Key technical decisions and infrastructure testing will be made in this phase. Core network infrastructure such as minimum viable smart contracts, auxiliary services and interfaces will be developed to showcase Rate3 concept to our partners and the community in the form of functional prototypes.
Q4 2018
Proof-of-Concept
- Rate3 Dual Protocol on Stellar and Ethereum
- Implement atomic swaps with multiple chains
- Interfaces for Rate3 Dual Protocol inclusive of Merchant dashboard and SDK, Universal Wallet interface to facilitate Stellar/Ethereum token swap, Credit Scoring Platform
Q1 2019
Testnet Public Release
Phase 3: Mainnet Release (Cross-Border Payment Protocol)
Phase 3 is the launch of the public Mainnet (Cross-Border Payment Protocol) to allow consumers and merchants to send and receive RTE and select few major fiat currencies and cryptocurrencies. Developers and businesses will be free to integrate Rate3 without any setup cost. RateX will integrate Rate3 to drive network adoption and provide instant cashback for RateX users.
Q2 2019
Mainnet Public Release
- Cross-Border Payment Protocol
- RTE tokens atomic swaps between Stellar and Ethereum
- Interfaces for Merchant dashboard and SDK and Universal Wallet
Phase 4: Mainnet Release (Credit Scoring Protocol)
Phase 4 will deploy a platform where borrowers can submit Proof-of-Identity and other documents and share with lenders. Lenders have to pay RTE to receive borrower’s Proof-of-Transaction, Proof-of-Identity and other documents
Q4 2019
Mainnet Public Release
- Cross-Border Payment Protocol
- Interfaces
- Platform for borrowers and lenders
- Borrowers to submit Proof-of-Identity and other documents to protocol and share with lenders
- Allow lenders to pay RTE to receive borrower’s Proof-of-Transaction, Proof-of-Identity and other documents
Phase 5: Scaling Adoption
Phase 5 is where Rate3 will work on technologies that rapidly increase adoption rate of the network. Rate3 will expand CPP to offline payments via official dApp on Brahma OS. To further improve throughput and reduce gas of CSP, Rate3 will move CSP to the more scalable Zilliqa blockchain.
Q2 2020
Mobile and Face to Face payments- Cross-Border Payment Protocol
- Universal Wallet on mobile and merchant Point-of-Sale payments processing software
- Build on Brahma OS and other mobile platforms
Q3 2020
Increasing Payments Channels- Universal Wallet on mobile and merchant Point-of-Sale payments processing software
- More cryptocurrencies support along with support for more blockchains
- Stablecoin for E-commerce
Phase 6: Future Applications
2022 and beyond
Mobile and Face to Face payments- Cross-Border Payment Protocol
- Capital Loan
- Decentralized Credit Card
- Advertising (DATx)
Roadmap and Adoption
Q2 2017
- Development of Rate3 begins
- Assembling of core team
Q1 2018
- Rate3 Concept Development
- Whitepaper released
- ERC20 Token Generation Event
Phase 1 RTE Payment Protocol
Q2 2018
- Private TestNet
- Early TestNet API
- Gather feedback from POC integrations with strategic partners and community
- Release TestNet to public
Q3 2018
- MainNet
- CPP API with RTE payment only
- Support RTE tokens atomic swaps between Stellar and Ethereum
Phase 2 Multi-Asset Payment with RTE As a Medium of Exchange
Q4 2018
- Complete TestNet integration
- Payment gateway platform
Q2 2019
- Complete MainNet integration
- Launch of payment gateway platform powered by CPP
Phase 3 Credit Scoring Protocol
Q4 2019
- TestNet
- CSP interface platform for borrowers and lenders
- MainNet
- CSP API
- Launch of CSP interface platform
Phase 4 Network Stability
Q1 2020 and beyond
- Offline payments: Brahma OS
- Blockchain scalability: Ziliqa Pilot Project
- Payments stability: Stablecoin