WaykiChain a Decentralized Industry Application Perspective.

in CryptoDog3 years ago
First of all, a cordial greeting to all the academic and scientific community of Steem, about the current opportunity in the WaykiChain platform, about the reliability that it generates, being a decentralized platform and with high levels of security, avoiding internet pirates, who can destroy the resources, and thus generating confidence to all users.


Image of Dominico Público Taken at PixaBay, and edited in PowerPoint : PixaBay

The First Approach: Global and Decentralized Implementation:

There are currently some techniques, black box operations, breach of warranties, creation of funding wells, platform fraud, authentication without a real name, information insecurity and lack of legal protection of investments, among other problems of these platforms, that could pose a significant risk to users.

WaykiChain was given the task of examining, from a technical point of view, five major security tests, such as security of codes, security of data storages, security of data transmissions, security of network service interfaces and security of multilateral interaction processes, we have come to the conclusion that most of the online gaming and client evaluation applications show symptoms of misuse of encryption protocols or partial absence of them.

And we managed to determine, that they are more or less effective in such areas as protection of users' business information, protection of users' deposits, prevention of transaction history tampering and users' identity theft, among. So it is possible that hackers have many opportunities to use their tricks in this process.

The high percentage of commissions collected by traditional gaming platforms. Operators of centralized gaming platforms require high performance to compensate for their risks, as centralized gaming assessment activities involve high risk. Participants in gambling control activities are forced to bear part of the operators' costs. The legal compliance fees collected by the aforementioned supervisory authorities also greatly reduce their return, which should be enjoyed by users.

In addition, at present, the total rate of return on sports games in China is usually around 70%. Some illegal platforms may offer a return rate of 80% to 90%, but it is not enough in the market.


Image of Dominico Público Taken at : PixaBay

It is for these reasons that WaykiChains, has inherited the features and advantages of blockchain technology, and will completely solve the unreasonable aspects of the current competition evaluation industry, Among them, the low rate of profitability of the traditional game evaluation platform, which is highly criticized, the shortage of available game evaluation products, and the shortage, lack of transparency, legal risks, insecurity of funds and operator deception, Among others.

WaykiChain is decentralized, so it will not be controlled by any stakeholder. In addition, the game evaluation information is recorded in the distributed ledger and cannot be altered by any party, so it is impossible to falsify the game evaluation results. For example, in the case of soccer game evaluation, the WaykiChain application will replace the officially published match results with the reliable results accepted by the public and collect and verify the data in real time.

References Consulted

Image Source

All images used by Author @Chucho27 are Public Domain, and image number 1 was edited using PowerPoint.:

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