KIRIK THE SEMANTIC META PROTOCOL TO BRING A REVOLUTION TO THE FIELD OF BLOCKCHAIN AND SMARTCONTRACT

https://kirik.io/

 Abstract

KIRIK is an ambitious infrastructure project aimed to bring a revolution to the field of blockchain and smart contracts.

Principal Advantages of KIRIK Technology:

•  Semantic smart contracts (hereinafter ΣK) are based on Semantic modeling Theory 

Semantic smart contracts allow to specify protocols that can bind oper-
ations and transactions made in different Blockchain platforms and other external
systems, like banks or exchanges, into one distributed transaction.

• It brings together different Blockchain platforms;

Particularly a semantic contract can use external oracles to specify the protocol
logic for binding together transactions between different Blockchain platforms to
form a single transaction. For instance, smart contracts based on Ethereum, NEO,
and/or RSK/Bitcoin can play a role of such external oracles for KIRIK based
semantic contracts. Two-step transaction registration is used for speeding up the
process. KIRIK transactions are anchored onto IOTA distributed ledger and then
onto KIRIK Blockchain (which is based on a fork of the Ethereum source code).
This allows on the one hand to remove barriers for scaling up a network of nodes
performing semantic contract calculations, and on the other hand use the reliable

and proven security algorithms of Ethereum.

• It also brings together different AI and machine learning technologies.

A smart contract drafted in a semantic modelling language is, on the one hand, easily understood by specialists of the appropriate subject domain, on the other hand, is automatically verifiable and can be run on a computer, or other digital device.

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