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A Blockchain is a distributed digital ledger of transactions that is distributed across the entire network of computer systems on the blockchain. Each 'block' in the 'blockchain' contains a number of transactions. Hence the term 'blockchain', a chain of blocks. Every time a transaction occurs on the blockchain, it is broadcasted to all the computers on the network and added to their respective ledger.

The technology behind blockchain is referred to as Distributed Ledger Technology (DLT).

The Internet of Things, or IoT, refers to the billions of physical devices around the world that are now connected to the internet, all collecting and sharing data. Thanks to the arrival of super-cheap computer chips and the ubiquity of wireless networks, it's possible to turn anything, from something as small as a pill to something as big as an aeroplane, into a part of the IoT. Connecting up all these different objects and adding sensors to them adds a level of digital intelligence to devices that would be otherwise dumb, enabling them to communicate real-time data without involving a human being. The Internet of Things is making the fabric of the world around us more smarter and more responsive, merging the digital and physical universes.

Radom Network provides a fully managed solution that allows you to provision service discovery and security metadata directly onto the blockchain, for both your cloud servers and connected assets. Facilitating the ability to create unique encrypted tunnels between devices, allowing new ways for devices to receive payments, and providing the ability to lease devices physically or through the ability to receive data from them.

Service discovery is the automatic detection of devices and services offered by these devices on a computer network. A service discovery protocol is a network protocol that helps accomplish service discovery. Service discovery aims to reduce the configuration efforts required by users and administrators.

Metadata is defined as the data providing information about one or more aspects of the data; it is used to summarise basic information about data which can make tracking and working with specific data easier. Some examples include: Means of creation of the data. Purpose of the data. Time and date of creation.

Radom, or Radom Network, is named after Witek Radomski, one of the authors of the EIP-1155 standard. Our company was named after Witek Radomski in his honour. Witek Radomski is the CTO at Enjin. Radom is also the name of a city in Poland.