DIWtoken.com: The all-in-one solution for a secure digital identity

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After a successful Pre-ICO where we achieved the goal of reaching our soft cap, all our DIW team’s hard work so far, has been leading up to our current ICO. The developers are working hard to design the prototype which will be released during the 2nd quarter of 2018 and the management team are doing their utmost to ensure the best exchanges for the DIW token to be listed on after the ICO. We are currently in phase 2 of our highly anticipated ICO and we are offering a 19% bonus, in relation to the last ICO Phase, available only until the 17th of May 12:00 GMT after which the phase, along with the prices, will change.

Disclosure: This is a Sponsored Article

What led to the conception of the DIW platform were the many issues plaguing our modern world:

 Advancing data breaches with unimaginable consequences both on and offline.

– Not being able to utilise Crypto currency.

– Growing Online Fraud. Every year, an increasing number of people and businesses are being scammed, left with substandard products, services or, even worse, nothing at all.

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.

We have divided our planned development sections in 5 phases, which are:

– Phase 1: Secure Digital 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. The platform will also allow its account holders to securely share their data in part or in whole between them.

Our aim is to deploy the DIW network on a peer-to-peer protocol for data distribution, which will be materialised by utilising DIW approved storage providers. This could include IPFS/ BigchainDB/ Ties.DB and other alternative provider for the storage of sensitive information.

The DIW holder will also be able to prepare, upload and maintain within the network all the necessary documents requested for KYC or KYS processes. Here, a ‘KYC / KYS’ module within the secure digital vault, will allow the account holder to initiate a ‘smart contract’ which will feature a pre-defined set of rules.

– Phase 2: Payment Gateway for Crypto and Fiat Currency

Provides a medium to website owners to accept payments, in any major currency, fiat or crypto, using the DIW single login decentralized platform. Transaction fee paid by website owners having been paid in DIW token, will be substantially less than traditional payment mediums (e.g. PayPal, Visa), helping small and medium sized businesses compete with large organizations.

Our primary launch will include a free integration plugin for WordPress and Joomla websites, offering check-out services accepting payments in any crypto currency.

Additionally, DIW’s payment gateway, will allow buyers to login via their DIW account within the site or checkout without the need to create an additional account or provide any kind of details within the seller’s website.

– Phase 3: DIW 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.

 Only profiles assessed by the network as trusted, after having received and analysed KYC or KYS related data, will be featured within the directory. This will guarantee a high level of security, ensuring trust between all listed DIW account holders. The same level of security screening will be applied for all kinds of individuals, professionals and businesses. After having been validated, DIW holders, will then be able to list their services within the DIW Global Directory.

– Phase 4: Paid Escrow

Another main feature of the DIW platform is the smart contract – based escrow service that will safeguard transactions between parties. Its job will be to ensure that all of the predefined terms will be met before permitting the execution of the final contract.

To activate the escrow service, a party that requires its protection, will provide all of the necessary parameters that should be met at the end of the transaction, including milestones. The party then pays a small fee in DIW tokens to cover the cost of the escrow smart contract service.

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

– Phase 5: The Vision – Electronic Health Records

DIW’s vision – after having successfully completed the four phases mentioned earlier and based on the funds available – is to eventually encompass the medical world as well, by safekeeping, confirming and updating medical related records. We understand the magnitude and level of difficulty associated with this huge aspect of our project. Hence why it’s mentioned as ‘a vision’.

Saves, tracks, transfers, and provides access to encrypted personal Electronic Health Records (EHR), utilizing the secure, decentralized blockchain network. EHR will only be accessible by the patient via the DIW platform. The patient (DIW Account Holder) will be able to fully control who sees their EHR and which parts of it. This includes providing EHR access to hospitals, laboratories, pharmacists, doctors or other healthcare professionals.

In emergency situations, medical personnel will be able to access medical EHR that the patient had previously predefined and made available for such occasions. Such access will be granted to approved registered medical organizations, health-care professionals and assigned family members or close friends that are DIW holders.

Token Utility

We propose to utilise the DIW token within the DIW ecosystem by paying holders to accommodate the DIW network by utilizing their computing devices’ storage and processing power, by paying a smart contract-based escrow service and by completing purchases directly between DIW holders or ecommerce stores, using as commodity either the DIW token or other crypto and/or fiat currency.

 This practice will ensure the sustainability and longevity of the DIW token and safeguard its value as it won’t depend just on demand and supply within the crypto exchange platforms. This unique feature of the DIW token will greatly differentiate it from the rest of the cryptocurrency tokens.

In conclusion

We believe that this project stands out for its practicality and its immediate application to daily online uses. It’s the all-in-one solution which is missing from the market right now.

We are certain that the upcoming prototype presentation and the quality of the exchanges we will be listen on, both happening after our ICO, will help establish our project within the online industry, thus our now open ICO is an opportunity for you to be a part of our success all while getting an extra 19% tokens bonus until the 17th of May. We are very excited to see what the future holds for DIW and how far will all of you contributors help us take it!