Persona - Updates and Developments
Updates
The latest versions have been updated for both the Identity Wallet and the underlying testnet. Github link to get the latest Persona Desktop Wallet 2.0.1 which includes features for;
- Support for Ledger-based voting
- New support for the Persona Testnet network
- Improved peer management
- Improved error handling
Persona is aimed to reduce the occurrence of bad practises in data management, reduce risk associated with user issuing their own data with no central governance that controls input and verification of users data but by other users alike known as Node to achieve consensus. The extent of use case of the Persona blockchain is vast such that companies could use the Persona service for third party verification. Users are entirely in control of their data as it is protected and encrypted with private keys like as in the blockchain.
The basic interest of the Persona Blockchain is that verification is done by other users on the blockchain. The nodes are known as “notarios” and would constitute a majority of decisions verification. Documents that load, such as a copy of your card, stored and encrypted in the string character Persona are secured and protected against retrieval and manipulation.
Also, an important utility tool has been created: it performs a health check on the network seeds every 30 minutes. If any of the seed nodes gets forked or suffers some problem that causes out of sync issues with the rest of the network, the tool alerts the team by email, by this way glitches and fault are fixed in record time to save loss of information stored in the blockchain.
Still In doubt about the Potentials of Persona; check out some of the extra qualities that it has got to offer;
- They aim to protect people data at all cost, with all updated and current security outfit.
- Users are empowered and given the power over what they share and with whom when it comes to their identity and private details.
- Owing to the trust level of the blockchain providing a decentralized identity management system, persona will provide the level of trust we all need when we depend on the news such that news is easily and readily tracked to the source to avoid fake news.
- Reduce the wait time that occurs during the process of KYC as corporations and entities are faster in verification since they could get users information from the persona blockchain profile however at the decision of the persona.
Persona Tokenomics
Persona has a token with a PRSN symbol that is a token utility used by the platform. Actions and activities will be carried out only when the PRSN token is spent.
Token Symbol: PRSN Total supply: 100 million PRSN
A total supply considerably low for a project with such potential which smart investors and traders should link into. This is not a financial advice so you should do your own research at every point.
More Resources
Blog: https://medium.com/personablockchain
WebSite: https://persona.im
Twitter: https://twitter.com/PersonaIam
Facebook: https://www.facebook.com/personablockchain
Telegram: https://t.me/personablockchain
Github: https://github.com/PersonaIam