Multiversum – the biometrical level of security

The blockchain technology is used often today bringing more and more benefits and comfort to our lives. But even it continues to move forward and a new version of Blockchain 4.0 is already being developed. And it is interesting, for what exactly purposes it was created and in what its essential differences from its younger brothers. Often we have to carry personal identification documents for various purposes that can be stolen, and ID availability in a digital form simplifies this task. Many of us are probably know the situations when the attackers obtained the documents of the victim and carried out financial operations under his name. And this problem concerns not only the real world. Cryptocurrency is becoming a part of our everyday life and soon it will be a full-fledged monetary unit, but both 100% reliable and simple method doesn’t exist. The centralized system of information storage makes banks vulnerable to hacker attacks with the possibility of losing or leaking large amounts of data. The platform that will be based on Blockchain 4.0 can solve these problems, so let's overview it more detail.

Multiversum is the newest decentralized platform, which acts as a data warehouse of the new generation. First of all, recording information in the blockchain will protect your information from changes and deletions, and this is the best option for storing cryptocurrency. But an important feature of the platform is the connecting of your biometric information (fingerprint and retinal scan) to your account. If the fingerprint can’t guarantee 100% reliability, then the combination of 2 parameters will safely make your password unique and unrepeatable. The information about your data will be protected by the SHA-256 hash algorithm that will allow you to verify your identity without opening the data itself. Also, there is a function of Freezable wallets, which allows even more secure your account. Thus, it the case of suspicious actions, the wallet will be frozen. Another feature that proves the advantages of Blockchain 4.0 is the impressive speed of 64 thousand transactions per second. And in addition to all, Multiversum will consume much less energy for computation thanks to the unique Proof-of-Integrity protocol. A completely new blockchain function will be available–Rollback. It will allow you to make changes in the chain for canceling unnecessary operations. In this case, they will be accepted by the whole system without refutation.

The platform will support 2 types of tokens at the same time, ERC20 and ERC23, as well as other blockchains will be able to use Multiversum on their systems. But of course, the company releases its own MTV token. Totally, 141 million coins will be issued, and as many as 76% will be spent on sales. For the pre-ICO (March 1 - March 31) soft cap, $5 million, has already been collected, and open sales will start from April 16 to June 10 with very pleasant bonuses for your buying. The team promised to return all the funds in case the soft cap wasn’t reached (fortunately it didn’t happen), as well as early termination of the sale of tokens (if the hard cap is reached, $65 million). About the team, led by Andrea Taini, you can learn more on the official website of the project. And one more distinctive feature of this ICO, they will send 1% of all earned money to charity.

Project Team:

The Multiversum platform is really something new. It will allow you to raise the security level to the maximum, thanks to the protected storage of Blockchain 4.0, and using your biometric data will make your account simply unbreakable. Support at the same time two standards, ERC20 and ERC23, of the token, as well as the Proof-of-Integrity protocol, allows Multiversum to stand out among other similar projects and to have a high popularity among the crypto community. The function of Freezing Wallets will maintain security and protect you from hacking. A rollback is a function that was lacking in the past versions of the blockchain system. It's really nice when a company adheres to a simple principle of 3 P and correctly sets priorities - people, planet, profit. Now let’s watch whether Multiversum will be able to achieve its aims and to seize the market leadership.

Project Video:

Project Links:

Website | Whitepaper | Telegram | Twitter | Facebook | ANN

Authored by : Malabarka