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DIW TOKEN – Fast and secure

DIW plans to introduce a global directory where account holders, be it individuals or organizations, will be able to list their services and expand their reach. 

“This is the fastest, most secure and cost-efficient way to spend your cryptocurrency in everyday life”

DIW’s unique concept plans to put an end to the following issues plaguing their modern world:

  • Advancing Data Breaches
  • Utilising Crypto Currency
  • Growing Online Fraud

SOLUTION WITH DIW

DIW plans to bridge and solve all aforementioned issues with the introduction of its global, blockchain-based, decentralized network, complete with its own ecosystem and currency. DIW holders will be able to access the network anonymously, gaining access to a Secure Vault, where they will be able to securely store their entire ‘Virtual Life’ including sensitive documents such as passports, contracts, electronic health records and login details.

The DIW Token, an ERC-20, Ethereum based utility token, will be introduced to be the preferred method of payment within the entire DIW network.

Ensured advantages of the DIW decentralized community:

  • Efficient, swift and cost-effective transaction processes
  • Complete freedom to transact via any form of currency, digital or fiat
  • Single access to an endless doorway
  • Access to support provided by a large, global community
  • Secure peer-to-peer protocol for the distribution of sensitive data
  • Ultimate security to the account holder via the utilization of a hardware wallet

Groundwork

Basic groundwork includes the preparation of a decentralized network that will progressively host and protect its functions as they are added.

Using a tactical approach to tackle their progress successfully, they have divided their planned development sections into 5 phases, which are:

  • Secure Digital Vault
  • Payment Gateway for Crypto and Fiat Currency
  • DIW Global Directory
  • Paid Escrow
  • Healthcare

SECURE VAULT

DIW intends to offer its account holders a highly encrypted, secure and private decentralized platform where they may store their digital data and personal information such as identification documents, passwords (key-locker), credit cards, bank details, as well as any other sensitive information (data traditionally saved on vulnerable centralised software that may be accessed by hackers or by its developers).

Storage

Their aim is to deploy the DIW network on a peer-to-peer protocol for data distribution, which will be materialized by utilizing DIW holders’ (either individuals or organizations) equipment, both their storage as well as processing power, to maintain the network as well as store and transfer files keeping them encrypted and secured.

Data – Transfer or share

DIW holders will be able to securely transfer or share, in part or in whole, their sensitive personal data contained within their Digital Identification Wallet.

Know-Your-Client (KYC), Know-Your-Supplier (KYS)

The DIW holder will also be able to prepare, upload and maintain within the network all of the necessary documents requested for KYC or KYS processes, as more and more organizations request the latest editions of such information.

Payment Gateway for Crypto and Fiat

Provides a new, secure and exciting medium to website owners to accept payments, in any major currency, fiat or crypto, using the DIW single login decentralized platform.

Global Directory

The DIW platform will feature a rating system for all DIW holders utilizing a complex algorithm that will assess the account holder’s data quality, history of transactions, comments and review depth, increasing trust between parties.

Additional advantages offered by the DIW directory:

  • Ultimate transparency assured by blockchain technology.
  • Business owners will be able to pre-select whether or not they will be accepting transactions based on the minimum rating score of DIW holders.
  • DIW holders will be able to sort DIW-registered businesses listed within the Global Directory based on their rating score.
  • DIW holders will have the additional option of utilizing the DIW escrow service for added reassurance whilst initiating a transaction.

Escrow

 

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Another main feature of the DIW platform is the smart contract – based escrow service that will safeguard transactions between parties. The DIW paid escrow service, will be simple to use but at the same time sophisticated and smart.

The paid escrow service is suitable for the exchange of digital data where transactions will be fully controlled by smart contracts. All of the covered types of transactions will be announced with the launch of thir platform with additional types being added over time.

How it works

A DIW holder, be it a patient or a healthcare professional, will be able to store, update and transfer sensitive health records, by using the DIW Healthcare Module within the DIW platform.

 

All EHR will – at all times – be highly encrypted, secured and privately stored within the blockchain network.

ICO & TOKEN

Fund Allocation

Symbol: DIW
Pre-ICO: 06/03 – 20/03/2018
ICO: 27/03 – 10/04/2018
DIW Tokens Supply: 1 000 000 000
Tokens for crowdfunding: 700 000 000 (70%)
Hard Cap: 28 000 000 USD
Participation: ETH
Token Standard: ERC-20
Decimals: 18
Unsold tokens: Will be burned

 

Read more: Whitepaper

Website: diwtoken.com

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

 

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