Redbelly Network is the world’s first formally verified blockchain, developed at the University of Sydney in collaboration with CSIRO, the Australian National Science Agency, and holds Patent #12093247 granted in the United States. It uses a leaderless consensus method called DBFT, which prevents forks and ensures high performance. By requiring real-world identity checks and enabling legally binding “Ricardian contracts,” Redbelly brings regulatory clarity and enforceability to digital transactions. This design addresses the gap between traditional finance and blockchain by embedding legal frameworks right into the network, making it ideal for tokenizing and managing RWAs.
The RBNT token powers the Redbelly Network by covering transaction fees, staking, and governance. It also incentivizes node operators and helps bridge real-world assets (RWAs) into the ecosystem, ensuring security and efficiency.