Around the world today, gigantic data which amounts to 2.5 quintillion bytes are created and stored one daily bases and this amount has been projected to grow even more with time. Continuous introduction of new technology is one of the factors that drive this increase as individuals now find it very easy to constantly create, store and access data and information in numerous databases, clouds and in services like social media, banking, shopping, music platform and much more using various personal digital devices.
The lingering problems DIW intends to help tackle includes;
• Data Breaching: This affects almost everyone around the world as sensitive data is intercepted or sometimes stolen. The consequences of Breaching which is on and offline can be delicate for individuals and businesses.
• Increasing Online Fraud: The fraudulent activities that goes on within the internet is a worry for the whole world, so many people have fallen victims to scammers who claim to be someone they are one or offer services or products that are inferior, in some cases you don’t get anything at all.
• Crypto Currency Usage: Cryptocurrency which is almost taking over the world right now since its introduction hasn’t been able to attain its full potential due to the fact that it can only be used limitedly within the crypto community or online exchanges and not in the real life.
THE SOLUTION DIW IS OFFERING
The Alcaeus Lab’s team of expertise took a close look at the above problems and decided to power this amazing project called “DIW” which is clearly going to disrupt the Digital world. Although DIW the means “Digital Integrated Wallet”, this initiative goes way beyond just online wallets like you may think understandably, it actually covers more than you can imagine.
DIW is actually an innovative decentralized identification infrastructure that will give registered account holders (individuals or organizations) an opportunity to securely create their online identification profile which offer the capability for sensitive encrypted data to be stored, access and exchanged.
I KNOW YOU ARE WONDERING HOW THEY INTEND TO DO THIS
Well the DIW team is using the power of the revolutionary blockchain and smart contracts to actualize this dream. This technology will make it possible for selective identification data of one DIW holder to other DIW holders.
DIW plans to be the bridge and resolve the lingering issues that were mentioned earlier by introducing their global blockchain based decentralized network that has its own ecosystem and currency.
BENEFITS OF CREATING AN ACCOUNT WITH DIW
• Transaction processes that are efficient, swift and cost-effective
• Complete freedom to execute transactions using any form of currency, digital or fiat.
• Grants you single access to an endless doorway.
• You get exclusive access to support offered by a large, global community.
• It gives you a secure peer-to-peer protocol for the distribution of sensitive data.
• Account holders get ultimate security by making use of the hardware wallet.
PLANNED DEVELOPMENT PHASES OF DIW
Utilizing a tactical approach the DIW team is planning its development in 5 unique phases, and these are;
1. Secure Digital Vault
A highly encrypted secure and private decentralized platform is what the team plans to offer account holders. This amazing platform will allow users store their digital data and personal information (Identification documents, passwords, credit cards, bank details and other sensitive information) that could be targeted by hackers.
2. Provide unique payment gateway for crypto and fiat currency
The DIW single login decentralized platform offers website owners a new secure and exciting channel that lets them accept payments in any major currency (fiat or crypto).
3. Diw Global Directory
All DIW holders will be part of a unique rating system which is a feature on the DIW platform, this system uses a complex algorithm to assess the holders account’s data quality, transaction history, comments and review depth, and this will help increase trust between all parties.
4. Paid Escrow
Smart contract – based service which helps in safeguarding transactions between all parties is one of the main features of the DIW platform. This amazing service which will be easy to use and sophisticated as well will ensure all terms are met before allowing a particular and final contract to be executed.
5. Healthcare (The Vision)
This particular phase is also called the VISION phase, it will be the next big thing to be introduced to the medical world when it is finally established. However, its creation will only kick-off when the first four phases has been completed successfully. This system is going to help in safekeeping, confirming and updating of medical related records.
* I Know You Are Wondering How This Works *
An individual holding DIW (be it a patient or a healthcare professional) has the ability to store, update and transfer sensitive health records utilizing the DIW Healthcare Module within the DIW platform. The most amazing thing about this is that in 24/7 all EHR (Electronic Health Records) will be highly encrypted, secured and stored privately within the blockchain network.
* Healthcare Professional Transfers EHR to a Patient *
The execution of this transfer gives both parties access to the EHR, additional the patient has the power to disengage the Healthcare professional due to the administrative rights of the HER passed to the patient by the Healthcare professional.
* Patient Transfers EHR to a Healthcare Professional *
Within the DIW network and the DIW Healthcare Module a patient has the ability to create a customized healthcare file contract utilizing the smart-contract technology. By doing so the patient actually implements set of rules (such as password generators, file permissions, access periods, and privacy agreements with acceptance and termination access policies) that will be enforced automatically when the contract is eventually accepted by the Healthcare Professional.
FAST IS GOOD, BUT YOU DESERVE FASTER TRANSACTIONS
DIW in a quest to give its users a faster transaction went a step further by incorporating the Raiden Network which is based on payment channel technology. This is just amazing, obviously the DIW team is not satisfied with the number of transfers the blockchain which is based on the super advanced Ethereum technology executes per second (10 transactions/sec). The Raiden Nework in the other hand has the capability to deliver 1 million transfers per second using “state channels”.
REASONS WHY DIW PICKED RAIDEN NETWORK
1. It scales in parallel to the expected increase in the number of users/transactions.
2. Ensures reliability due to its ability to confirm transfers within a split second.
3. Ensures confidentiality as individual transfers are not displayed on the global shared ledger.
4. Extremely low transfer fees.
5. Allows micropayment processing due to its low transfer/transaction fees.
THE DIW TOKEN
The token is going to represent the only means of transaction on the DIW ecosystem.
Name: DIW Token
Symbol: DIW
Token Type: Utility Token
Total Token Created: 1,000,000,000 DIW
Token Standard: ERC-20
Decimals: 18
DIW ICO DETAILS
Crowdsale (ICO): 700,000,000 (70%)
Pre-ICO: March 6 – 20, 2018 (Ended)
Main Sale (ICO): March 27 – April 10, 2018
Minimum Purchase Accepted during ICO: 0.05 ETH
Hardcap: 28 million USD (In Ethereum)
ICO Whitelist: Yes
Final ICO Price: 1 ETH = 8000 DIW
Unsold Tokens: Burned (after crowdsale ends)
DIW ICO BONUS STRUCTURE
Phase One
1 – 100 000 000 Tokens
For Whitelist Private Participants
Phase Two
100 000 001 – 200 000 000 Tokens
1 DIW Token = 0.000095
Phase Three
200 000 001 – 300 000 000 Tokens
1 DIW Token = 0.000105
Phase Four
300 000 001 – 400 000 000 Tokens
1 DIW Token = 0.000115
Phase Five
400 000 001 – 550 000 000 Tokens
1 DIW Token = 0.000120
Phase Six
550 000 001 – 700 000 000 Tokens
1 DIW Token = 0.000125
TOKEN DISTRIBUTION
ICO: 700 000 000
Future Partners: 80 000 000
Advisor & Partners: 50 000 000
Founders Tokens: 150 000 000
Bounty: 20 000 000
DIW FUND ALLOCATION
Development: 60%
Marketing: 15%
Operations: 10%
Administration: 5%
Redundancy: 5%
Legal: 5%
DIW ROADMAP
4th Quarter '17 - Whitepaper
27th of March - ICO
Right after the ICO - Listing On Exchangers
2nd Quarter '18 - DIW Prototype Presentation
3rd Quarter '18 - DIW Alpha Version
4th Quarter '18 - European Launch
MEET THE TEAM
Stephanos Constantinou - CEO & Co-Founder
Christopher Zenios - COO & Co-Founder
Simon Zenios - Chief Legal Officer
Lucas Andrew H. - Chief Financial Officer
Chrysanthos Nonis - Chief Technology Officer
Steven Nonis - Solidity Developer
Michael Jakobsen - Blockchain & Software Consultant
George Zachariou - Senior Security Officer
Anton Bogdanov - Cryptographer & Application Developer
Nikolas Konstantinou - Chief Networking Officer
Constantina Samara - Senior Web Designer
Ben Boyadjian - Chief Analytics Officer
Christos Kyriacou - Business Development
Masha Soboleva - Russian Community Manager
ADVISORY
Simon Cocking - World-class Blockchain Expert
Dinos Pastos - Blockchain & Security Specialist
Stelios Stylianou - Author | Pro-Trader
Artur Oganov - Entrepreneur & Financial Advisor
Sydney Ifergan - Crypto Community Advisor - Expert at ICObench
Alaa Mohra - International Marketing Expert
DIW PARTNERS
Ties.DB
FIRSTBRIDGE
Ambisafe Software
SmarterContract
CONCLUSION
The DIW team has announced that all participants and intended ones should bear in mind that the DIW token is not created for investment purpose but it should be purchased for the sole purpose of using it on the DIW platform. You don’t have to worry about anything as the DIW team has in place enough technology and obviously working to include even more features that is clearly going to give you so much benefits for being a DIW token holder.
I hope you enjoyed reading about this amazing project, well if you find it promising and want to get more information about it, connect with other participants across the globe and also participate by investing, please feel free to click on any of the following links;
Website: https://diwtoken.com/
Whitepaper: https://docsend.com/view/qr8a4u7
ANN Thread: https://bitcointalk.org/index.php?topic=2567416
Twitter: https://twitter.com/diwtoken Telegram: https://t.me/diwtoken Facebook: https://www.facebook.com/diwtoken/
Authored By: Gabinsight
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=17..
Ethereum Wallet Address: 0x14b9774693Bd38680DbCB0c40F99Efa315019Fb7Please follow me for latest information on ideas and innovations that is clearly going to change our world.
Author: hayzed8
Comments
Post a Comment