KCN: “A NEW GENERATION OF DAPPS” WITH FULL CONTROL OF PERSONAL INFORMATION

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KCN: “A NEW GENERATION OF DAPPS” WITH FULL CONTROL OF PERSONAL INFORMATION

A major cryptocurrency exchange says the world is on the brink of a data crisis, and is launching a digital cooperative designed to give users total control over their personal information. CoinBene says IoP is more than a cryptocurrency, enabling peer-to-peer operations to be performed without middlemen, censorship and obstruction. The first version of a new communications protocol called Mercury has just been released, and it says that DApps that use IoP’s protocols are inherently more private and secure and, at the same time, will be able to offer all of the services that centralized companies provide. IoP has stressed that one key difference with Mercury will be how data is treated — with DApp owners only receiving the information that is essential for them to offer their goods and services. Where possible, IoP says the personal data of its users never leaves their device — and if it does, it is encrypted to a high standard. In time, IoP hopes to make using Mercury for decentralized applications as simple as using mainstream, centralized players, such as Google Play or Apple’s App Store. The main difference would come in the levels of privacy afforded to users.

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The Crowdsale Network platform is based on the goal of supporting and implementing socially important projects to improve the quality of life of every person. With the advent of blockchain and crypto-currency technologies, it became much easier to attract investments into a start-up with the help of ICO than through venture funds.

The ICO means the release of tokens, and the crowdfunding is the target fundraising for the project, where the startupper does not offer investors tokens in exchange for money but something else. For example, he offers the product itself at a low price or a constant discount on all types of services of the creating business.

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