Lynked World ( LYNK ) – Blockchain Platform that Connects World

in #lynk6 years ago

The volume of the global market for identity management and access by 2022 will be more than 24.55 billion US dollars. We live on the Internet, where we can quickly find the information we need, and transmit it. There is a rapid “digitization” of our life, these things have a significant impact on almost all aspects of our professional, personal and social life. The Internet has its advantages and disadvantages. Various important services, such as those related to documents and certificates issued by public institutions, cannot be provided entirely via the Internet. To obtain such services, you must still personally visit the appropriate institution. People need to submit personally certified and confirmed copies of real documents or send them by mail. This is time-consuming, requires additional costs and creates difficulties. There is also the problem of theft of personal data, and their fake. Educational institutions have to constantly confirm information about professional qualifications for the same person and for the same type of activity
Lynked.World is an ecosystem on the blockchain that seeks to remove the “trust barrier” of digital identities, data and documents. It includes the following elements,

  • Verification platform for digital identity and biographical data
  • Digital wallet for transferring identity and documents that can be verified using the blockchain
  • Application development platform with easy-to-use and customizable forms.
  • Proven and reliable professional network
  • Job Search Portal

Components and working principle

The Lynked.World ecosystem consists of the following elements:

  • digital identification and background verification platform;
  • a digital wallet for storing and exchanging certificates and documents that are checked by the blockchain;
  • application development platform with user-friendly customizable templates;
  • freelance platform - Job Portal

Together, these components work according to a simple algorithm: the user registers through the verification procedure and then uses the gateway to securely transmit information or digital content. In this case, each user can create their own application based on the ecosystem. For example, you can create an application for issuing state certificates or viewing medical data by doctors and patients

What problems solves by the platform

In a Narrower Sense, Lynked.World is a gateway for the safe transfer of important or personal information that solves the following problems:

  • the lack of a safe and at the same time reliable system for identifying contractors when working on the Internet;
  • the lack of grounds for confidence in the accuracy and authenticity of the data, if they are obtained from the network;
  • the need for intermediaries if you need to increase the reliability of working with personal data, which increases the costs of participants;
  • the inability to provide access to many types of services through digital platforms due to the unreliable nature of digital identification and its associated data

The blockchain allows one to establish the authenticity of such a digital identity (and all the documents and data contained in it) using the peer-to-peer data verification process. Users can individually select and send documents and data sections stored in their digital identities for verification by authorized organizations that are registered on the platform. Organizations can easily verify the authenticity of data and documents in the blockchain using transactions with smart contracts for one-time checks.

The project includes the Lynked.World Digital digital wallet, which is a multifunctional offer from a portfolio of applications that is intended to replace the traditional practices for the personal provision of physical documents. When using a digital wallet, a person can safely store the electronic copies of all the identification and other documents on his mobile device. The wallet will provide the ability to easily transfer documents using QR codes.

Lynked.World includes an application platform, they will get all the benefits of a digital identity solution with a high level of security and undoubted authenticity that is built into this platform when using products for working with digital identity. The application platform allows any organization to easily create forms and flexibly implement them for use in various fields.

Another addition to the project was the Lynked.World job search portal . Which will help staff to post vacancies without the involvement of any third parties, which reduces costs and increases the efficiency of recruitment. This is the perfect balance with various benefits for both employers and potential employees.

The project uses LYNK tokens that will be used to transfer “value” for any services provided and used on the Lynked.World application platform

The Conclusion

In conclusion, it is worth noting. The mission of Lynked.World is to ensure the security of digital identities, data and various documents, as well as their transformation into a full-fledged asset using blockchain technology. The project is a large ecosystem for data transmission and verification

More information on the project ( LYNK ) please visit their website listed below:-

 WEBSITE: https://tokensale.lynked.world/

 WHITEPAPER: https://tokensale.lynked.world/images/Lynked.World_Whitepaper_EN.pdf

 ANN: https://bitcointalk.org/index.php?topic=5005646

 TELEGRAM: https://t.me/lynkedW

 TWITTER: https://twitter.com/LynkedW

 FACEBOOK: https://www.facebook.com/lynkedW/

Author: cryptocat156

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2154730

Telegram username: @cryptocat15

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