Today there are lots of online businesses and there are jobs today that would require you to interact with people online. Participants most of the times don’t have physical contact with each other so communication is usually through chats, emails and phone calls. Many fraudsters have taken advantage of this fact; as a result, a lot of people have fallen victims and lost so much money or acquired products with low quality.
In the area of data security, lots of individuals, corporate organizations or businesses have poor data security and have lost quite an amount of sensitive data owned by them and other individuals or bodies. On social media platforms alone, thousands of people open accounts and hundreds of thousands of people use passwords to access their accounts daily. Personal data of these individuals are registered on these platforms and most of these platforms are centralized, meaning they store all these information in one place. This could be pretty risky , a hacker could gain access to this data storage centre and obtain personal data of people for wrong reasons. These data could also be sold for personal gain to companies in need of them, unfortunately, the original owners of these data don’t get to receive compensation.
Crypto currency is gaining more and more recognition as the days go by. This claim can be observed in the recent increase in the total market cap of most of the crypto currencies existing currently. The global crypto community is also increasing as more and more people are becoming aware of this disruptive technology called blockchain. Unfortunately, crypto currency hasn’t been fully accepted or isn’t fully used outside the confines of exchangers and within crypto communities.
These issues stated above are some of the major challenges experienced in our social and business world today. DIW intends to address and solve these issues. DIW which means Digital Identification Wallet is a project that intends to create a decentralized platform which gives individuals and organizations; account holders basically, the opportunity to create their online identification profile with proper security and capability to access, exchange and store sensitive data that is encrypted. DIW uses blockchain technology and smart contracts to particularly reveal the identity of a DIW holder to other holders; this erases the issue of a holder being unidentifiable. Only DIW holders whose identities have been validated would have access to the network.
DIW plans to create its own payment gateway which would be accommodated by regular e- commerce websites, this way, both fiat and crypto currency would be accepted; this would increase the usage of crypto currency in our everyday transactions beyond crypto communities. The DIW token is an ERC-20 utility token. The ethereum based token would be used as the major means of payment within the entire DIW network and would be utilized by the token holders during transactions and exchange of goods and services.
A secure vault will be easily accessible to DIW holders where they can safely store their entire data including personal or confidential information and documents.
AREAS OF APPLICATION
PAID ESCROW: to ensure that transactions are safe and credible, escrow services would be available on the platform. The escrow service would be based on smart contract.
GLOBAL DIRECTORY: this would give organizations and individuals, who are account holders, the opportunity to list their products and exchange services giving them a wider reach.
PAYMENT GATEWAY FOR CRYPTO AND FIAT CURRENCY: this provides a single login decentralized form which would enable website owners receive payment in any fiat or crypto currency through a secure medium.
SECURITY VAULT: for storage of confidential information and documents, passwords, credit card details, health records etc.
THE VISION (ELECTRONIC HEALTH RECORDS)
DIW would encompass the health sector by enabling secure sharing and encrypted storage of personal health records which exist between account holders and pharmacists, professional doctors, validated or approved laboratories with the additional option of utilizing properly, the technology already available within the DIW platform.
ADVANTAGES OF A DIW DECENTRALIZED COMMUNITY
· Transactions are done with ease regardless of the form of currency (crypto or fiat).
· Peer to peer protocol for distribution of sensitive data is secure
· Through hardware utilization, an account holder needs not to worry about security issues.
· The support provided by the global community is easily accessible.
· Transaction processes on the platform are less expensive and fast with high efficiency.
· Single access to doorway is endless.
ICO AND TOKEN DETAILS
Pre-ICO: 06/03 – 20/03/2018
Phase 1(3rd may-10th may): 1 ETH = 10500 DIW tokens
Phase 2(10th may-17th may): 1ETH = 9500 DIW tokens
Phase 3(17th may-24th may): 1 ETH = 8500 DIW tokens
Phase 4 (24th may-31 may): 1ETH = 8000 DIW tokens
Tokens for crowdfunding: 700 000 000 (70%)
Hard cap : 28 000 000 USD
Participation would be done in ETH, unsold tokens will be burned.
60%: reserved towards project design and development
15%: allocated for sales, marketing and community management
5%: redundancy fund
5%: administrative expenses
10%: operational costs, including office rental, equipment, servers, etc.
5% : legal
70% : ICO
15% : founders tokens (12months vesting / 2 months cliff)
8% : future partners
5% : Advisors & partners (12 months vesting/ 2 months cliff)
2% : bounty
4TH Quarter 2017: whitepaper
3rd may: ICO Listing on exchanges follows right after the ICO
2nd Quarter 2018: DIW prototype presentation
3rd Quarter 2018: DIW alpha version
4th Quarter 2018: European launch
ALCAEUS LAB TEAM
Stephanos Constantinou – CEO & founder
Christopher Zenios – COO & Co-founder
Simon Zenios – Chief Legal Officer
Lucas Andrew .H. – Chief Financial Officer
Chrysanthos Nonis – Chief Technology Officer
Steven Nonis – Soildity Developer
Michael Jakobsen – Blockchain & Software Consultant
George Zachariou – Senior Security Officer
Anton Bogdanov – Cryptographer & Application Developer
Nikolas Konstantinou – Chief Networking Officer
Christos Kyriacou – Business Development
Masha Soboleva – Russian Community Manager
Constantina Samara – Senior Web Designer
Ben Boyadjian – Chief Analytics Officer
Sydney Ifergan – Crypto Community Advisor
Dinos Pastos- Blockchain & Security Specialist
Simon Cocking – World-class Blockchain Expert
Stelios Stylianou- Author/ Pro-trader
Vladimir Nikitin – top 5 ICO Expert & ICO Advisor
Artur Oganov- Entrepreneur & Financial Advisor
Alaa Mohra – International Marketing Expert
Toomas Allmere – Multitalented Finance Executive
Francesco Redaelli – International Business Developer/ICO Expert
Our world would become a better place when we know we can carry out transactions without fear of being defrauded or exploited; with DIW, adequate security and data privacy is made top most priority providing a convenient and favorable environment for transactions thrive. Invest in DIW today. For more information on the project, please check out the links below:
ANN thread: https://bitcointalk.org/index.php?topic=2567416
Authored by: thankyoulord
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2076086