Privately Decentralized Identity Service

syella (25)in #cryptocurrency • 6 years ago

What is DIW?
DIW is a privately decentralized identity service that allows registered account holders to store and access sensitive data of encrypted data to strengthen network blocks.

When you turn into a DIW network user, you will be given numerous open doors and advantages when you need to share your essential data in a really sheltered and dependable way. Administration DIW gives you the chance to utilize your own handbag, which will guarantee you wellbeing at the greatest level — as you wish. You are given huge levels of assurance and dependability, which are decentralized security.

Our vision is for DIW to cover this sector by enabling secure encryption and safe sharing of personal EHRs between validated account holders and laboratories, pharmacists, doctors or other health care professionals with additional options to utilize the intelligent contract technologies that have been featured in DIW networks.

Personal Data Storage
DIW holders will be afforded access to a virtual secure vault, where they will be able to store their entire ‘Virtual Life’ including sensitive data such as passports, contracts, electronic health records and login details.

Decentralized Digital Identification Wallet
DIW intends to develop its own hardware wallet which will ensure maximum security for its premium members. The wallet will offer a decentralized security system in a world where online security has become of paramount importance.

The DIW token
Token holders can transact with other DIW identity holders including both individuals and businesses. The DIW Payment Gateway will also be introduced which will act as an easy check-out system and this gateway will provide individuals and businesses with the opportunity to pay and be paid using all major fiat as well as cryptocurrencies.

Paid Escrow Services
The DIW platform will offer a smart contract based escrow service that will safeguard transactions between parties. How the Escrow service will work is quite simple but genius, the party that requires the escrow’s protection will simply layout all the measures that need to be fulfilled by the end of the transaction and then pay a small fee in DIW tokens to cover the cost of the escrow smart contract service. This is most ideal when two parties are exchanging digital data and it solves the much-dreaded question that usually arises in such transactions,’’ Who sends first?’’

Future Plans
DIW plans to extend its tentacles to the medical world as well as ensuring the safekeeping, confirming and updating medically related records. This development will ensure that the patient i.e DIW account holder, will have full control of who has access to their medical records and also determine the amount of data the other party has access to.

DIW ecosystem:
It consists of one billion tokens. The value of the DIW token is influenced by:

· Storage (space given to DIW holders)
· Escrow service (Paid with DIW token based on smart contract)
· Crypto payments (Checking the platform y using DIW platform)
· Currency (Influenced by demand and supply in the crypto community)

DIW utility or security:
This token is not a security but it is intended to be used through DIW platform. The DIW token supports the ecosystem of this platform as it is used for the transactions. The platform invites people to acquire tokens and use the tokens for personal use but not in profit investments.

Advantages of DIW community:
· It provides security to the account holders by using the hardware wallet
· The transaction process is efficient, swift and on low cost in the DIW platform
· Users of this platform are free to transact through any currency such as fiat or digital.
· Single access to an endless doorway
· This platform provides a large and global community.
· Data is secure and the distribution of sensitive data including health care records over the network uses peer to peer protocol

Allocation Token

https://bitcointalk.org/index.php?topic=2567416

ICO Phase
DIW plans to continue its project in Phase based on the funds invested.

Stage 1: introduction of secure digital safe
Stage 2: Payment Gateway
Stage 3: development and deployment of DIW Global Directory
Stage 4: Paid Escrow services in the form of smart contracts along with other services will be introduced
Stage 5: Incorporate Health Electronic Records (EHRs) of the Health sector.