Radium is the utility Blockchain-as-a-Service (BaaS) platform made up of various layers. The Radium Core serves as the basic blockchain layer that performs common functions with its Proof-of-Stake consensus. The Radium SmartChain data layer, however, adds various features to the platform on its framework, including file verification, identity management, and smart transactions. The Proof-of-Existence and Proof-of-Ownership features allow any user to prove that they own a document and also verify its authenticity. Users can manage their own cryptographically secure online identity. Radium is decentralized and permissionless at its core, while also providing a permissioned layer which powers the file and identity side.
Radium (RADS) is the digital asset of the Radium Core that powers the various SmartChain smart transactions (and thus powers the file and identity features).