0xCert Review
Today we will discuss another interesting and promising ICO project - 0xcert!
If you are interested in crypto currency and blockchain technology, you probably know what ERC-20 is. Did you know that there is another standard for tokens and it's called ERC-721.
ERC-721 is an open standard that describes how to create unrelated or unique tokens in the Ethereum blockchain system. Although most tokens are interchangeable (each token matches each other token), the ERC-721 markers are unique.
This standard can implement a standard API for incompatible tokens under smart contracts. Thanks to the ERC-721 standard, it is possible to provide basic functions for controlling and transferring ownership of coins. The very idea of non-interchangeable ERC-721 format tokens appeared relatively recently, everything began with CryptoKitties .
Many crypto experts are of the opinion that tokens on the ERC-721 standard are better suited for storage than coins of the ERC-20 standard. They are better suited for calculations for real (physical) assets, such as houses and cars.
If you create a unique product or service, you will have to write code each time, which slows development and entry into the market. There is a company that plans to launch a decentralized platform with open source, the platform should facilitate the creation of unique tokens and this project is called 0xcert .
This platform will increase the speed of creating and writing new programs and applications, bypassing competitors. Do not forget about the programmers, the developers have implemented a toolkit (SDK) Developers will also facilitate this process using the development tools (SDK) with standard code-writing languages. Such tools will allow you to quickly and easily perform all the tedious job of setting up devices. Everything will be automatic, the user saves a lot of effort and time.
The team also plans to create a document authentication service to simply verify the identity of publishers. That is, they will be entered into a common register of audited entities, this significantly reduces the risks for various enterprises, and also saves time in confirming the authenticity and rights of use.
If we speak in simple human language, we will have an opportunity to label almost any unique assets with the aim of selling them, buying them. It will be easy to verify their authenticity without the involvement of a third party. The owner will have access to full information, and other users only partially.
Areas of application of this standard:
In the service sector - for example, if you are a real estate agent or photographer, you can record all the real information about your successes (successful deals, hours of work) or on yourself on the NFT token and in show it as evidence of your activity.
Investment - some types of investors are prohibited from investing in crypto currency, so employees each time have to check the mountain of information about the investor, territorial affiliation for example. This is rather tedious and manual work, 0xcert can speed up this process, the user will only have to go through KYC once, personal data is written into one hash and they are assigned a unique token.
Buying precious metals, rare cars, you have to turn to the services of appraisers and professionals who take a lot of money for their work. 0xcert will simplify this procedure by adding all the necessary information about these items to a unique token on which you can see the whole story.
I believe that this idea has so many development options in our daily life. It will allow developers of new products and projects to create new platforms faster and easier, eliminate risks of falling into scams when buying goods and services, accelerate the promotion of crypto currency in the society, investment funds will spend less time creating a list of investors.
On pre-sale, 15 million were sold, of the 500 million issued, the public sale starts on July 4, 2018 and runs until July 18, 2018, all the stages give good bonuses, most of them, of course, are received by early investors. Hurry up and become a part of a new era of development of blockchain and crypto-currencies. Join the Twitter and Telegram project, there you will find a lot of useful information and will be aware of all the news of the project.
More information can be found on these links:
Website: https://0xcert.org
Telegram group: https://t.me/zeroxcert
Twitter: https://twitter.com/0xcert
Author: https://bitcointalk.org/index.php?action=profile;u=1249110