Why We Choose To Be Blockchain Agnostic
Real Items’ big vision has always been to put our clients and users first. We want to be able to support whoever comes to us. This means offering to them whatever technology suits their use cases best.
To better serve our clients, we have opened our technology to multiple chains. Each blockchain a value and an ecosystem that is unique to itself. By being blockchain agnostic, we avoid becoming outdated and ensure that our solutions can evolve and adapt to what is ahead.
Pros of blockchain agnosticism
Blockchain agnosticism has opened doors to our technology and our users. We understand that some blockchains may not meet the demands of some businesses. By building on multiple chains, we can now offer more choices to customers who may need more value in terms of lower gas fees and improved network effects.
Being blockchain agnostic also helps us meet changing expectations and requirements. Because of this choice of flexibility, we can now give our customers the ability to move in case a particular blockchain becomes unsupported. This way, we can customize solutions based on their needs.
Lastly, blockchain agnosticism allows us to work with a supply chain’s current legacy system and choose the blockchain that best suits their needs. This lets us explore other protocols and, at the same time, use systems that already work. We put our customers first by choosing to be flexible, efficient, and ready for the future.
The pros of blockchain agnosticism outweigh its cons, but this is not to say that we have ignored its drawbacks. Being blockchain agnostic also means that Real Items has to deal with the complexity of working on multiple chains. However, the added complexity is a small price to pay for future-proofing your blockchain and avoiding shortsighted solutions that may become obsolete soon.
Blockchains we offer
In line with our vision of offering multiple chains, we are currently working with Vechain and Polygon blockchain.
Building on Vechain helped us solve unpredictable transaction fees, complicated user onboarding, and clunky multiple transactions. Vechain worked perfectly for supply chain management and made our products easy to use for everyone, including non-technical users. To understand how and why we built on Vechain, check out our Medium article explaining the journey.
We also chose to work with Polygon as our values align with their advocacy to lessen their carbon footprint. Polygon’s energy consumption is only 0.00079 TWh or about 2% of the consumption of major Proof of Work (PoW) blockchain networks, which use up about 35-140 TWh. As a company that values sustainability, we have been looking for ways to decrease our ecological footprint. Polygon allows us to continue making NFT-backed physical assets (Phygitals) without harming the environment.
Polygon is a fast-growing company with great network effects. It also has low gas fees and is compatible with Ethereum and EVM-based blockchains.
Real Items aims to be inclusive in the implementation of our smart label technology. We have seen the value of enterprise NFTs, and we want to share that with the world.
This is just the start of our multi-chain journey, and we look forward to bringing in more competent and fast-growing blockchains. If you’d like us to build on your blockchain, contact us HERE.
Our smart labels are also open to businesses of any size that deal with Consumer Packaged Goods (CPG) and supply chains. Book a free discovery call with us to get started.If you want to learn more about the Real Items technology, follow us on Twitter. Join our Discord to get in touch with our fantastic community.