I was checking through all my social media accounts today. Hadn’t done so in a long while due to my studies and all. As I was going through each and every social media account, I suddenly realized something; I had so many accounts and online logins that I couldn’t remember anymore! In the end, I remembered some, forgot others and had to use the ‘forgot password’ feature to recover them. After I was done checking my numerous accounts, I decided it was time to keep my different passwords all in one place. I’m a bit old school and thought of writing it in a book and securing it somewhere. However, I discarded that thought after realizing all it takes is for the wrong person to go through my stuff, discover all my passwords and bye goes my funds and online social life. So I started searching about Online password keepers and came across DIW.
I read through DIW’s website and instantly chose them as my preferred online password keeper over others. You’ll understand the reason why and relate with me when you read about them below
What is DIW?
DIW stands for Digital Identification Wallet. It’s a blockchain based security password keeper. The best part about DIW? They don’t even hold my personal logins and data. It’s all on a decentralized network and I have no fear of my data being hacked and carted away or used for malicious purposes. One can sleep and have absolutely no fear about online login security. Everything ranging from credit card details, bank details, identification documents, online passwords, offline passwords, utility bills, curriculum vitae and a lot of valuable information.
Then again, that’s not where it ends. DIW has a lot of great advantages. For example, DIW plans to have websites accept cryptocurrencies and have us transact with it giving cryptos more value! One will be able to purchase goods and even services using crypto. The advantage goes both ways as merchants will experience up to 70% transaction fee reduction. DIW’s advantage doesn’t end there. In a bid to increase online trust, a rating system for DIW holders will be built. Through their algorithm, trust levels for holders will be determined using a series of factors. Scam issues will definitely be a thing of the past with DIW. That is the dream.
DIW will also feature a paid escrow service and electronic health records for holders. Wait, did I say there was best part of DIW? This token is multi-purpose! And its awesomeness doesn’t plan to end soon! It’ll grow tremendously in projects, expand its vision and even rise in price!
Benefits of DIW
- A safe haven for one’s virtual life. No fear of a hack or system takeover
- The integration of cryptocurrency into everyday life
- A trust rating feature to reduce online scams
- Paid escrow service
And so many more!
DIW is incorporating the Raiden Network to assist with numerous payments in a short amount of time, thereby increasing Transaction per Second rate. The current rate is 1 million transactions per second. That’s pretty high right?
The pre-ICO will run from 6th March, 2018 to 20th March, 2018.
The ICO will run from 3rd May 2018 to 31st May 2018. Total token supply will be at 1,000,000,000 DIW. It’s an ERC20 token and its participation will be paid for in ETH. The tokens available for crowdfunding is 700 000 000 DIW and the hard cap to be reached is 28 million USD
DIW TOKEN ALLOCATION
700,000,000 DIW will be sold at ICO, tokens for the founders will be 150,000,000 DIW, future partners will hold 80,000,000 DIW, advisors and partners will take 50,000,000 DIW and 20,000,000 DIW will go for the Bounty campaign.
BitcoinTalk thread: https://bitcointalk.org/index.php?topic=2567416
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2037035