YOUR 'VIRTUAL' SECURITY IN YOUR CARE


The Internet has been the most innovative technology ever to exist. Over the years, the Internet has offered us with easier ways of going about our activities. Some which includes business  transactions, data storage and many others. Notwithstanding the great contributions the Internet offered, there were still some stones that were left unturned and this offered people the chance to benefit illegally from others on the Internet.  This and many other reasons necessitated the innovation of blockchain technology.

Blockchain technology encompasses a chain of data that records all data and this data is not accessible to a single institution but rather decentralised. Blockchain technology helped to solve many of the problems that were encountered on the internet. One most important problem that blockchain technology solves is eliminating middlemen. Gone are the days when all transactions were mediated by middle men who used that advantage to either halt a transaction or dupe people on the Internet for money. Now with blockchain technology, everything is decentralised and transactions are done directly between the two parties without the involvement of any middle man. This has gone a long way to make transactions very safe and transparent of the Internet.  Someone may ask; with all these amazing stuffs that blockchain technology provides, which platform on blockchain can I enjoy most of these amazing offers? The simple answer for the best platform that serves as a safe haven for transactions , data security and all other amazing offers in the ‘virtual life’ is DIW.

WHAT IS DIW?


DIW stands for ‘Digital Identification Wallet’  which is a personal identity service which enables registered account holders to securely store and access sensitive encrypted data by utilising blockchain technology.

The problems :

Advancing data breaches.
One of the most common happenings on the Internet is the breach of data. Mostly, very sensitive data is hacked and this leads to lot of other problems like loss of property, war and others. The cause of this sad issue is simply the inability to keep your data safe. The sad part of the whole issue is when a person’s health data is breached and exposed. This mostly leads to emotional trauma which can even lead to death.
Growing online Fraud
Fraudulent activities on the Internet has been very rampant over the years. Every year, a number of people and businesses get scammed and are left with just a little fund or at worst nothing at all. These problems are as a result of individuals and businesses undertaking business transactions on any platform at all. Most people are just concerned about the benefits they will get and shun the security aspect of it and that’s the advantage most fraudsters take.

Underutilising Cryptocurrency :
Crypto currencies have gained much popularity over the last few years. Most people now resort to crypto currencies as the major means of payment for most transactions. However, the use of crypto currencies have become limited since it is used only in the crypto community. This has made a lot of people who are not into cryptocurrency see these cryptos as complex and a market they cannot enter.
Considering the aforementioned problems, we can see that although blockchain technology has offered us a great comfort, there is still much work to do as there are few trusted security platforms in the crypto community to make us enjoy these benefits of blockchain technology . These and many more are the reasons why DIW is here to help.

DIW TO PROVIDE THE SOLUTIONS


DIW plans to solve this problem by introducing the DIW tokens and it’s own ecosystem. This DIW currency can be used in all DIW platforms to help curb all these problems. Some of the solutions DIW intends to provide include;

SECURE DIGITAL VAULT
What DIW intends to do is to offer its account holders a highly encrypted, secure and private decentralised platform where they may store their digital data and personal information such as identification documents, passwords, credit cards, bank details as well as any other sensitive informations. This platform is created to solve the problem of data breaches. This platform will allow account holders to wholly or partially share their own data. This will help an individual to have access to their own data without anyone else getting it.

THE DIW GLOBAL DIRECTORY 
This step by DIW is geared towards ameliorating online fraud. With this system on DIW platform, there will be a rating system for all DIW token holders utilising a complex algorithm that will assess the account holders in aspects such as data quality,  their transaction history, comments and review depth which will help individuals to know the history of people they make transactions with which will then enhance trust between the  parties involved.
Also, the Know-your- client (KYC) and know- your-supplier  (KYS)  system, it will enhance transparency as the more KYC/KYS related data will be shared between DIW community members, the more the sharing account holder’s global directory rating will be enhanced.

THE PAYMENT GATEWAY FOR CRYPTO AND FIAT 
This service provides a great opportunity to website owners to accept payments, in either fiat or crypto,  using the DIW single login decentralised platform.  When transaction fees are paid in DIW tokens, they will be about 70% lesser than when they are paid in traditional payment mediums. This will help small and medium sized businesses compete very well with large organisations.

PAID ESCROW 
The main aim of this paid escrow service is to increase the level of trust and safeguard the security of transactions between the parties on the platform. In the activation of the escrow service,  one party will provide all the necessary parameters that should be met at the end of the transaction.  The party then pays a small fee in DIW tokens to cover the cost of the escrow smart contract service.
This paid service will allow exchange of digital data where transactions will be fully controlled by smart contracts.

THE VISION:
ELECTRONIC HEALTH RECORDS 

Though DIW aims at achieving all the goals stated above, however the long term vision of this organisation is to extend their tentacles to the medical society where the safekeeping of medical data will be the topmost priority of DIW. Medical data is the most important tool in health care delivery. With the medical history of a patient, it can even tell the physician the disease that the individual is suffering from. The medical history of an individual can also tell whether a particular drug or treatment regimen is good for the patient or not. With the DIW electronic health records, it  will help save, track, transfer and provide access to encrypted data personal Electronic Health Records (EHR), with the utilisation of secure, decentralised blockchain network. With this, the patient will be able to control their own health data and decide which part of their health informations they will like to share. This includes providing EHR access to hospitals,  laboratories, pharmacists, doctors or other health care professionals.

INITIAL COIN OFFERING  (ICO)
The DIW presale has ended successfully but if you missed it, there is still chance for you as the main ICO starts on 27th March.  The ICO BONUS structure is the best you can ever find in the Cryptoworld.
For more informations about DIW, contact us on;
Website : https://DIWtoken.com

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

AUTHOR :
Bitcointalk username: Jorge158
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1256959

Comments

  1. Innovation at it best.
    Great article

    ReplyDelete
  2. Good work by Blockchain! help us limit the acendency of fraudulence in online transactions.

    ReplyDelete
  3. Great piece! So impressed.... This is certainly the way forward

    ReplyDelete
  4. Security is an important part of one's life in the 21st century. To have every type of security, both physical and technological is a step that is relevant given the advancement of the world.

    ReplyDelete
  5. Great Blockchain initiative.. Can't wait.

    ReplyDelete

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