DIW — Digital Identification Wallet
Data fraud may be a growing topic of dialogue on the worldwide scale and has caused lots of stir on the digital world, users and investors square measure currently obtaining frightened to take a position within the market because of worrying problems with privacy and security. knowledge breaches have very advanced in recent times with Associate in Nursing increasing quantity of sensitive knowledge being intercepted or perhaps purloined globally thereby taking its toll on people and businesses alike, generally with consequences that square measure impossible each on and offline.
THE PROBLEM AND way forward for data SECURITY
Daily we have a tendency to produce and store two.5 large integer bytes information|of knowledge|of data} and within the last 2 years alone we’ve got created ninety % of the world’s data with the quantity of knowledge created on digital information platforms daily is eight times larger than the data hold on all told of the libraries within the US.
People produce and access knowledge via completely different digital personal devices daily, with knowledge and data being hold on in varied databases and clouds, in services like the social media, music platforms, banking, looking and far a lot of. consistent with a web survey, with quite two,000 English speaking adults taking part, the common person has twenty seven distinct on-line logins. As we have a tendency to store a lot of and a lot of knowledge in varied locations we have a tendency to accept a growing variety of passwords to access our data. it’s attainable to store these passwords at the side of alternative sensitive data with varied on-line organizations; but, this raises the priority of security breach if non-public|a personal} stores all private data in one place. Organizations that supply parole and data storing services use what’s referred to as a centralized system. Centralized systems square measure presently the foremost widespread models for package applications. The system gathers and stores all knowledge at one centre, with all people being obsessed on this infrastructure, still as expecting it to safeguard their personal knowledge. This dependency leads to one purpose of failure that’s susceptible to hacking or corruption.
In a time span of twelve months the entire market cap of all crypto-currencies has witnessed a big increase, however but crypto-currency is only used at intervals the crypto community and on-line exchanges; not in real-life therefore restricted usage.
DIW because the answer
TE DIW team plans to resolve each drawback antecedently mentioned with the introduction of its international block-chain primarily based suburbanized network with its own complete currency and system. DIW holders will access the network in AN anonymous state gaining access to a secure vault wherever they’ll firmly store their entire ‘Virtual Life’ together with sensitive documents like passports, contracts, electronic health records and login details.
Several Organizations round the world would be ready to effectively participate and exchange their services within the international Directory type, and access to the current network is simply granted to valid account holders WHO have had their accounts confirmed by filling the KYC/KYS documentation. there’ll be full transparency on completion of transactions and every one network members are ready to see every other’s life performance within the type of ratings. Our DIW token are used throughout the network to alter transactions between members facultative tighter security and extra services like encrypted storage solutions, hardware case for increased security and encrypted storage solutions.
Now Introducing DIW
DIW (Digital Identification Wallet) provides the answer to the higher than drawback by merely utilizing blockchain technology to store, validate and share personal data. DIW project plans to supply the last word answer once it involves security of non-public data like bank accounts and mastercard informations, can in testaments, websites login details and alternative sensitive documents in cryptocurrency world. The platform additionally permits account holders to share their knowledge safely in whole or partially.
How It works
Through DIW’s suburbanized digital identification case, your virtual life data are often unbroken safe, genuine and obtainable the least bit times once required. for max security, account holders might prefer to purchase and use a customized hardware case provided by DIW for its premium members. additionally all DIW holder are ready to purchase or sell product and services and acquire paid in enactment or in cryptocurrencies and additionally earn regeneration on DIW’s international directory. Quickly trying into DIW directory,
DIW plans to introduce a world directory wherever account holders, or people, are ready to register their services and expand their reach. The directory can feature a wise classification system that will increase trust and transparency among account holders.
This project aims to supply the most type of security and transparency to DIW holders all told of their transactions. this can bring people and organizations at intervals a suburbanized atmosphere. to boost the validity of transactions, DIW introduces AN written agreement service supported good contract observance and safeguarding transactions. trying into that quickly,
The DIW platform can supply a wise contract primarily based written agreement service that may safeguard transactions between parties. however the written agreement service can work is sort of easy however genius, the party that needs the written agreement’s protection can merely layout all the measures that require to be consummated by the top of the dealings and so pay atiny low fee in DIW tokens to hide the price of the escrow good contract service.
It additionally aims to introduce blockchain technology at intervals the medical profession. i.e. personal attention records are unbroken safe at intervals the network and additionally confirming and change medical connected records. This development can make sure that the patient i.e DIW account holder, can have full management of WHO has access to their medical records and additionally confirm the quantity of knowledge the opposite party has access to.
About Token sale
Symbol: DIW
Whitelist: Open for sign-up on web site
Website: https://diwtoken.com
Pre-ICO: TBA — 1st Quarter 2018
ICO: TBA — 1st Quarter 2018
DIW Tokens Supply: one 000 000 000
Tokens for crowdfunding: 700 000 000 (70%)
Hard Cap: fifty eight 000 000 USD
FUND ALLOCATION
The breakdown below suggests a rough estimation of how funds raised during crowd-sale will be allocated:
• 60% will be reserved towards project design and development
• 15% will be allocated for sales, marketing and community management
• 5% for legal consultation / expenses
• 5% towards administrative expenses
• 10% towards operational costs, including office rental, equipment, servers, etc.
• 5% towards the redundancy fund.
ROADMAP
THE TEAM
WEBSITE: https://diwtoken.com/
WHITEPAPER: https://docsend.com/view/qr8a4u7
TELEGRAM: https://t.me/diwtoken
TWITTER: https://twitter.com/diwtoken
FACEBOOK: https://www.facebook.com/diwtoken/
INSTAGRAM: https://www.instagram.com/diwtoken/