What is CIC Chain?
Learn about CIC Chain's versatile hybrid blockchain architecture.
Last updated
Learn about CIC Chain's versatile hybrid blockchain architecture.
Last updated
CIC Chain is a versatile DAO-controlled hybrid layer 1 blockchain that combines our own EVM-compatible smart contract platform with Hyperledger BESU, Hyperledger Fabric & Quorum, into one unique network. CIC Chain was built for everybody, as a catalyst for the mass adoption of blockchain and DLT (Distributed Ledger Technology).
Extreme versatility means limitless possibilities, and in this paper we will delve into the capabilities of each element of the architecture of CIC Chain, to demonstrate what is possible. For perspective, we like to compare CIC Chain to Ethereum, with multiple layer 2 chains on top of it. We merged several different architectural expansions of the EVM together, with our own virtual EVM-compatible machine, to make a single, larger, and unique layer one chain. CVM (CIC Virtual Machine) is our version of the Ethereum Virtual Machine which is fully EVM compatible, meaning you can build all of your favourite solidity based applications using tools like Remix, Truffle, Hardhat or Tenderly.
CIC Chain is ISO20022 compliant, meaning the chain is perfectly able to communicate with the new universal messaging standard that is currently being adopted by SWIFT and the Federal Reserve board. Being ISO20022 compliant means that developers and enterprises can utilise CIC Chain to build applications in the eXtensible Markup Language, which will be able to communicate with financial institutions all over the world under the new standard. You can learn more about this in the next section.
