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RE: Civic as an investment.. Worth it?
In terms of blockchain alternatives, not many at present, especially with a real-world product already working.
That being said, big companies (think Google, Microsoft, Twitter, Facebook) are currently using a similar model by implementing the OAuth protocol (OAuth is an open standard for access delegation, most commonly used as a way to allow internet systems to grant websites and applications access to their personal information, without handing over their passwords).
Civic uses its’ own protocol called ChainAuth which is blockchain-based (OAuth's disadvantages are in it's underlying systems have to be hosted somewhere which is centralised - which worries some security/identity conscious users).
Thank you for your answer. You seem to be the man who can answer difficult technical questions. What do you think about PreSearch ICO, Mysterium and Rialto?
Thanks for the kind words @joewilder.
I've only briefly researched Rialto and Mysterium.
In one sentence of a quick analysis, my opinion on PreSearch is while the platform they are aiming to build is an excellent concept, competing in an environment where the saturation is so high by very few "big players" and all of which provide zero-cost-to-end-user products they will only ever achieve a very small market share.
A few critical aspects are:
Touching on Mysterium, this is exactly the reason why their platform can thrive. It is already established that the general population are not only aware of, but also willing to pay for, protecting privacy online. With ever increasing "big-brother" scepticism I think people will embrace it and participate.
I have mixed thoughts on Rialto, they use the Ripple network which goes against the grain of what a lot of technology enthusiasts are hoping most of blockchain initiatives stand for (decentralized but concensus). Ripple is built-for the financial institutions, which typically have a history of take first, give later (they have no incentive to share the success/wealth and use their weight to protect a shared best interest).
What Rialto are building though is going to provide users with a solid risk mitigation of funds invested that the general holder/investor will not be able to achieve by themselves, while maximising smaller portfolios. There are always going to be chances for their platform to capitalise, especially when regulation starts having a closer eye on exchanges.
Nice review. Thank you.