Digital Identification Wallet: Secure and Decentralize your “Virtual Life”

in #diw7 years ago (edited)

So, you need KYC or you need to store your ID, your passwords, or other sensitive information someplace where it cannot be burned, destroyed, hacked, manipulated or changed? Look no further than the DIW platform. The team at https://diwtoken.com/ came up with a token that will keep all that on the blockchain with an immutable ledger. The public ledger is highly encrypted because the individual records are not only anonymous because they are represented by id numbers, but also cannot be recovered by hackers because the information is fragmented. In other words, any file is not kept as a whole on a single computer or server, but it is fragmented on many computers of the blockchain. So anybody trying to get that information has to hack perhaps thousands of random computers that have encrypted data. Therefore it is secure and private. Because it is a decentralized platform with many computers in many different countries, it cannot be manipulated by an entity/company or be forced to turn over the data to authorities or hackers or bullies.
This is more comprehensive than LastPass (https://www.lastpass.com/) and Safeket (https://steemit.com/safekeet/@ridertiger/safekeet-safe-deposit-on-blockchain) because it includes ease on KYC and also your health records can be kept on this. I see many ICOs that will have medical records on blockchain but they are mainly focused on medicine and doctors, such as DOCADEMIC (https://steemit.com/mtc/@ridertiger/john-mcafee-s-choice-for-the-future-of-healthcare-blockchains-docademic). This ICO is again more comprehensive and it is what I call a “one-stop shop” of blockchain needs. If you can safely and securely accomplish your tasks on one main blockchain, why go to the trouble of registering and getting/spending tokens on two or three blockchains. This system is as secure as it gets because it is on the blockchain and all records can be kept there safely.

Here is a video explaining DIW:


As I stated before, this is a highly comprehensive system and includes a marketplace type of deal. People will be able to purchase goods and pay with these tokens, and the businesses will be able to request payment for their goods from the customers using the tokens. Because this is a decentralized system, there are no borders and distances. The system will especially be great for digital goods, and they can change hands in the matter of minutes, if not seconds. The money transaction process is very quick and it costs little to nothing. The marketplace type of platform has a global directory where people can find other people or businesses, businesses can find other businesses or customers. Because there will be a smart rating system, people will be able to figure out who to trust. Of course, trust is not assured simply by the smart rating system, but there will be an escrow service as well. The escrow service will be using the Ethereum’s smart contract system and all transactions will be finalized only after the contract conditions are completed. In addition, individuals will be able to make basic income from home by letting the platform use their equipment and by supervising transactions. We are at an age when anyone with a wifi connection and a computer can make basic income, which brings us closer to the Star Trek Next Generation vision!

Website: https://diwtoken.com/
Whitepaper: https://docsend.com/view/qr8a4u7
ANN : https://bitcointalk.org/index.php?topic=2567416
Facebook: https://www.facebook.com/diwtoken/
Twitter: https://twitter.com/diwtoken
Telegram: https://t.wme/ditoken
Instagram: https://www.instagram.com/diwtoken/

Bitcoin Talk User: ridertiger
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1114493

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I liked this system because it is as secure as it gets because it is on the blockchain and all records can be kept there safely.

good work..

Really appreciate your afford. You pointed some good staffs. Project looks very promising. Thanks for this good review. Good luck.

This project is very useful if it is successful. I will follow and I will certainly examine.

This system is as secure as it gets because it is on the blockchain and all records can be kept there safely.

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