THE “LYNK” TOKEN AN ERC-20 STANDARD TOKEN BUILT ON THE ETHEREUM PLATFORM

in #cryptocurrency6 years ago

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Access/Identification Cards are nearly inherently found in all corporate offices worldwide today providing usage of authorized office premises and facilities within the premises. Generally, the access/identification cards are using physical cards which must be carried continuously in person. Lack of such identification cards lead to the threat of misuse and protection breaches and pose a significant threat to the organizations. Combining the top features of the Lynked.Globe verified Identity, protected storage space in the Digital capability and Wallet to talk about digital identities with scanning QR codes; the necessity for physical identity/access cards could be replaced and eliminated. Later on, access cards in companies can be straight released to a user’s Digital Wallet encrypted gain access to and authorizing usage of premises and providers, etc.

This is transformation shall permit the Users/employees to prove their corporate identities, access the authorized providers and premises, etc., solely utilizing their digital gadgets (like a mobile phone) without needing to carry any gain access to/identity cards personally. Simultaneously, the options of using real protection features such as fingerprint sensors, face acknowledgment, iris scanning, etc., which are inbuilt generally in most personal devices today, reduce the risks connected with protection and misuse breaches linked to the use of physical access cards.

The Lynked.Globe ecosystem intends to grow seeing that a closely-knit community of digital profiles built on the blockchain system, with authenticated data and identities facilitating the dependability on profiles, content, data, and credentials shared in the order, and subsequently open avenues for types of services and utilities on offer over the platform. The system also welcomes the globe outside the lynked. World environment, when you are accessible for alternative party applications to end up being hosted on it, enjoying the benefits of the initial combination of data storage space and data validation, as provided by the platform.

All interactions in the Lynked.World system is viewed with regards to services either being supplied by one entity to some other or services getting availed of by a single object from another. This to-and-fro transaction of providers on the system also necessitates the idea of getting the transfer of particular “Value” for the provider being supplied and availed over the system. Our incentive mechanism for such storage space and transfer of “Value” in the context of solutions will be taken care of using the “LYNK token which acts as the first asset course in our ecosystem.

The “LYNK” token can be an ERC-20 standard token built on the Ethereum platform. It is divisible fractionally, transferable and fungible. LYNK tokens may also be tradeable on cryptocurrency exchanges in the due span of time. “LYNK” tokens will be utilized for transfer of “worth” for any providers provided and availed of over the Lynked. Globe application platform. They become the moderate of compensation for the transferof “value” between your individuals in the ecosystem for performing different transactions, for example, linked to the identification and validation of user data and so forth.

Lynked will track the token transfers and balances. World. In the entire case of any untoward, undesirable and unforeseen incident, such as token theft, agreement compromise, or a disrupting transformation of Ethereum protocol, Lynked. The world may choose to freeze token transfers and concern a new symbolic agreement with balances replacing that of the first token registry by a particular day. In the entire case of an Ethereum fork, Lynked.The world can adequately announce which branch it'll support.

A moderate of exchange of worth for solutions rendered over the Lynked.World platform - A moderate of incentivizing individuals in the Lynked.Globe platform for staking (keeping) LYNK tokens Here are a few examples on where “LYNK” tokens will be utilized inside our platform. These good examples are in no way an exhaustive list and nor perform they elaborate information on every single use case. Nevertheless, they should give a good notion of the structured token economy and the way the tokens will be utilized:

  • For transfer of worth when availing providers for identity verification
  • For removal of quality when availing providers for record/certificate verifications and endorsements
  • For hosting solutions (like applications, registration forms, etc.) either within the system or on external systems using Lynked.World API’s
  • For verification of the authenticity of identification and digital files received within the system using our verification services

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For more information, visit the link below:

ICO NAME LYNKED
Website https://tokensale.lynked.world/
WhitePaper https://tokensale.lynked.world/images/Lynked.World_Whitepaper_EN.pdf
Twitter https://twitter.com/LynkedW
Telegram https://t.me/lynkedW
Facebook https://www.facebook.com/lynkedW/
ANN Bitcointalk Thread https://bitcointalk.org/index.php?topic=5005646
Author Bitcointalk ID onemancrypto
BTT link https://bitcointalk.org/index.php?action=profile;u=1769254
ETH ID 0x9028bF231cC510105c202213078d33ce1E2de102

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