DIW TOKEN REVIEW- Decentralized Personal Documents Storage Token?

in diwtoken •  7 months ago

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What Is DIW?

DIW has a level of security and value protection that other campaigns do not offer. Consumers can still make all the different types of crypto transactions at a fair rate, but it is the preservation of both financial and non-financial data. Additionally, all the investments contribute towards the protection of the value of each DIW token, both in fiat and crypto transactions.

DIW’s unique concept plans to solve global security vulnerabilities regarding private data including Identification documents, Bank details, Login details and healthcare records via the introduction of a Secure Digital Vault.

****Data Breach Issues***

All aspects of human life, including business and government affairs, are directly affected by the exchange of digital data. The stability and security of our global system are constantly threatened by data breaches.

World Wide Reaction

Multiple hacks have distributed millions of individuals’ personal data, leading people to be concerned on a daily basis. Industry professionals are also becoming increasingly weary regarding the effect these data breaches may have on the reputation and perception of their businesses. Governments also face data breach issues, the FBI recently warned that ‘advanced persistent threat’ cyberattackers are increasingly targeting sensitive information.

A Real Concern

Recent data shows that a shocking 60 data records per second have been stolen since 2013.
This trend will continue to worsen as time passes unless fundamental changes are made.

Cryptocurrency Development

In a period of just 12 months, the total market cap of all crypto currencies has seen an increase of 1700%. There is a catch, cryptocurrency is only used as a currency within the crypto community and not in everyday life. It is evident that there is a major need for crypto currency to be widely accepted. To begin to bridge this gap cryptocurrency needs to be accepted by the global retail sales leader – e-commerce.

The DIW Solution

DIW plans to bridge and solve both aforementioned issues with the introduction of its global, blockchain-based, decentralized network complete with its own ecosystem and currency.

To access the network, members will be provided with a Secure Vault, where they will be able to store their entire ‘Digital Life’ including documents such as:

• Identities
• Passports
• KYC & KYS
• Financial
• Contracts
• health records
• login details and much more

Organizations and individuals around the globe will be able to join in and exchange their services in the form of a Global Directory. The network will ensure that their identity is validated and their details accurate. Transactions will be completed with full transparency and all network members will be able to see each member’s real-life performance in the form of a rating score.

The DIW token will be used and accepted throughout the network for transactions between its members, enabling higher security. Additional security services such as a digital contract-based escrow service will also be offered.

DIW plans to introduce its own Payment Gateway that will be easily integrated with e-commerce websites accepting both fiat as well as cryptocurrencies enabling theutilizationn of crypto currencies in everyday life.

How To Use DIW Personal Documents Storage Token

One of the most appealing parts of the DIW token is how many different ways that DIW tokens can be applied, traded, and otherwise used.

All of the contributors’ financial information is preserved within a secure digital vault, where consumers can store all of the information that they do not want anyone else to get ahold of. That information may include ID documents, wills, financial accounts, electronic health records, and other assets.

Next, the consumers will be provided with a medium for investors to effortlessly transition between fiat and cryptocurrency, without having to navigate between different platforms. The payment gateway helps consumers to checkout their purchases on different eCommerce websites.

Every account holder will have access to a global directory, where they can list their own services and get more from their crypto-investments. The directory will have a rating system for each organization, which helps investors to make the smartest transition.

The DIW platform features a contract-based escrow service, making transactions between different parties into something more simple and safe. Their service also guarantees that the parties meet the required credentials and prerequisites before the funds are released.

DIW TOKEN Distribution
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There is presently 700,000,000 DIW tokens available. Consumers are able to get the following rates through the phases, which are determined by how many tokens have been purchased from that original amount:

1 ETH= 8000 DIW TOKEN

DIW’s Phases

DIW plans to proceed with its project in Phases based on the funds invested.
• Phase 1 will feature the introduction of the secure digital vault
• Phase 2 will introduce the Payment Gateway
• Phase 3 will include the development and deployment of the DIW Global Directory
• Phase 4 will introduce a paid Escrow Service in the form of smart contracts along with other services
• Our vision is for DIW to encompass this sector by enabling the encrypted storage and secure sharing of personal Electronic Health Records between account holders and healthcare professionals.

To know more about DIW visit website: https://diwtoken.com/

Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=2682890.0

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