Radius Technology Systems
About
Radius Technology Systems is a Cambridge company building a high-performance stablecoin payment network designed for the next generation of internet business models. Its system is aimed at businesses that need to handle microtransactions, real-time metering and usage-based pricing at very large scale, the kinds of payments that conventional blockchains and legacy finance struggle to process. The company argues that monetizing even a small share of web traffic would overwhelm existing payment systems.
The team includes people who helped bring the USDC stablecoin to market at Circle and researchers from MIT’s Digital Currency Initiative, along with veterans of the Federal Reserve Banks of Boston and New York, Poloniex and Bitstamp. Their earlier work on Project Hamilton and OpenCBDC, which included building a hypothetical central bank digital currency, produced advances in parallel transaction processing that underpin the Radius network.
What to Know
- Its research work includes executing smart contracts in parallel.
- A co-founder of Zcash and co-inventor of Zerocash is part of the team.
- Developers can start building on the network or contact the team about specific projects.
- The company is a member of the Cambridge Chamber of Commerce.
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