What is KiiChain?

KiiChain is the first layer 1 AppChain built for Emerging Market Finance (EMF). KiiChain empowers users, developers and businesses who are building the future of finance in emerging markets.

What is KiiChain

KiiChain is a layer 1 blockchain built with the Cosmos SDK. It blends EVM compatibility with Cosmos native connectivity to create a network that is highly interoperable, scalable and easy to use. Its design purpose is to onboard the next generation of developers in emerging markets while seamlessly connecting its uses with global participants. KiiChain is the first network connecting real-world businesses and tokenized real-world assets (RWA) in emerging markets with multi-chain connectivity using IBC.

Cosmos SDK

The Cosmos SDK is an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains, like the Cosmos Hub.The goal of the Cosmos SDK is to allow developers to easily create custom blockchains from scratch that can natively interoperate with other blockchains. We envision the Cosmos SDK as the npm-like framework to build secure blockchain applications on top of CometBFT. SDK-based blockchains are built out of composable modules, most of which are open-source and readily available for any developers to use. Anyone can create a module for the Cosmos SDK, and integrating already-built modules is as simple as importing them into your blockchain application. What's more, the Cosmos SDK is a capabilities-based system that allows developers to better reason about the security of interactions between modules. Learn more about Cosmos here.

Comet BFT

Comet BFT (Byzantine Fault Tolerant) is the upgraded version of Tendermint Core, the Interchain’s consensus mechanism that powers Cosmos SDK blockchain systems. Comet BFT has a modular architecture that separates the consensus engine from the application layer, allowing developers to build custom blockchain applications easily. It offers fast transaction finality and high throughput, making it ideal for applications that require quick and reliable performance. Learn more about Comet BFT here.

Proof-of-Stake

KiiChain is a Proof-of-Stake blockchain powered by Comet BFT. PoS selects validators based on the number of tokens they hold and are willing to "stake" as collateral for servicing and securing the network. Delegators, or individual "stakers", can delegate their tokens to any specific validator that meets the requirements.

Polaris

The Polaris module allows for EVM compatibility and for smart contracts to be deployed in Solidity to the network. This means it can run all existing Ethereum dApps and smart contracts without needing any changes. It achieves this with a high-performance Ethereum Virtual Machine (EVM) that is optimized for speed and reliability. Essentially, Polaris runs an Ethereum-compatible virtual machine on top of another blockchain (Cosmos SDK based). Thanks to its modular, plugin-based design, it allows any host blockchain to execute Ethereum transactions and smart contracts. Learn more about Polaris here.

IBC

Inter-Blockchain Communication is a protocol that allows for cross chain communication and data transfers. It connects different blockchain networks to promote high levels of interoperability, scalability and communication. IBC can be implemented to any blockchain network as long as it conforms to its protocol guidelines. Currently, there are over 100 networks integrated into IBC. Read more about IBC here.