REVIEW- DIW ( The Data Wallet Based on the Blockchain Technology )

Introduction

Data is king. Well, I hope everybody knows that. Nothing beats a reliable, quality and accurate data. If a fact cannot have relevant data to support itself, it becomes merely a hogwash. Nothing good ever came because of crumbled data. Today, companies and businesses are heavily dependent on data for each decision. But, another prospect is, how safe your data in today's world is. Do you think it is possible to keep your sensitive data out of the reach from fraudsters and hackers, who are in the constant run for stealing your data? The examples of Equifax remains relevant in this matter, where millions of user's personal information were exposed in the security breach which showed how secure our security systems are.

If the biggest companies having sensitive data of millions of users cannot keep it safe, no question can be asked about the small and medium enterprises. The government and its programs create this situation tougher for the people by constant surveillance and by collecting an insane amount of data, which are then left in an unsecured system open for theft. On a daily basis, we generate enough data to fill our lifetime, which is exactly 2.5 quintillion bytes of data. Every sector today is grappling with the problem of data theft, security breach and online fraud.

How and when this will be solved is still undecided by companies whose whole business runs on those very data that they are unable to protect. If we are not able to create an ecosystem which provides security to our data, we are living in constant danger of being deleted from the online world. Should there not be any solution which can help mitigate this problem and can be general purpose and applied to each and every industry?

Why DIW Is A Necessity

Some months back I came to know of a man who lost a substantial amount of his livelihood to scammers. This man wanted to purchase some goods and was ready to make payment. These fraudsters already had a method prepared to bring about their evil plan.

They showed this man pictures and videos of the said goods and the buyer was also assured of their integrity. Finally, when payment was made, the goods were not sent.

That was how this man lost his money. Some might say he was stupid but I think it’s more complicated that that.

Online fraud is real but thankfully, a product is finally here to make sure anyone who uses it is safe from every form of online fraud. The name of this product is DIW.

A Bird’s Eye View On What DIW Is About

DIW is a platform built on the blockchain technology in order to restore safety to online transactions.

DIW will make it possible for health-care providers, laboratories, pharmacists to safely share personal health information with account holders.

On this platform, people can conduct transactions without fear of fraud and also account holders can safely store their sensitive informations.

DIW platform will utilize smart contract to be able to make sure all transactions are done securely without any trace of fraudulent practices.

Why DIW Stands Out From Others

Safeguarded Digital Vault: DIW ensures the safe storage of important documents such as passwords, Wills, bank accounts, credit card information, identification documents within a private decentralized platform with a high encryption. On this platform, account holders can securely share their data between themselves, completely or in part.

Payment System: Using a single login platform that is decentralized, website owners can accept payment in either Fiat or cryptocurrency through a secure and groundbreaking medium. The DIW payment system will be a good platform for many e-commerce websites because the platform will be an easily integrated platform for their websites.

Global Directory: DIW will make available a global directory where individuals and organizations alike can list their services in order to increase their reach. With the use of a smart rating system, transparency and trust will be increased among account holders.

Escrow service: DIW platform will introduce the use of escrow with the help of smart contract that will keep transactions between parties safe.

The DIW escrow service will be simple to use but at the same time smart and sophisticated which will ensure that transactions have been concluded before funds are released.

SOLUTION OFFERED

DOCSEND is the platform of choice because it is presenting a solution to these problems in the data security and online fraud. They are creating a Digital Identification wallet (DIW) which is a personal decentralised identity service. It can record, hold and store sensitive data in an encrypted manner. DIW offers a hardware wallet too. The benefits of the DIW can be summarised and a few of the important features are mentioned below.

Security with hardware wallet to the registered accounts on the DIW
DIW Global directory with a rating system to rate the quality of data on each account holders.
A platform built on blockchain technology to provide ultimate transparency and security

Vision to launch many applications of the DIW in health care and Information system
Multiple currency support on the wallet, such as cryptocurrency and fiat currency
Secure peer to peer protocol for data distribution among users of the DIW

They have also presented a grand vision and future plan for the platform such as Paid escrow, electronic health records and secure digital vault. We are bound to see many such applications of DIW in many other sectors.

ICO INFORMATION & TEAM

Your Chance To Be A Part Of This Success
In our world today, theft has gone digital. People not only get robbed of their valuables offline, theft now happens online.

This is a growing cause for concern with people losing their investments in a matter of hours. Offline, measure has been established to check in terms of safety of valuables.

DIW will bring a lasting solution to these problems and introduce safety during transactions via its platform. Partner today with DIW.

DIW Token And ICO Information

Token Symbol: DIW

Hard Cap: 28,000,000 USD

Total Supply: 1,000,000,000

Participation: ETH

Token Type: ERC20

Unsold tokens will be burned.

ROAD MAP

Now, check out what other review companies think about this project:

CONCLUSION

We know that data is a very important element in the success of business today. It can help companies scale much faster and help in better decision making. They have selected one of the most important problems of the digital world from which everyone is affected.

I think that we will be seeing an improved digital landscape, which treats its data with utmost security with the introduction of DIW. Nothing can match the loss, which people suffer from the digital identity theft, it nearly destroys their virtual life. Once the companies realise the importance of the data security, they would start research and development in this domain rather than finding ways to save their taxes. It is a brilliant concept, but only time will tell the true story.

For more information:

Website: https://diwtoken.com/
whitepaper: https://docsend.com/view/qr8a4u7
Facebook: https://www.facebook.com/diwtoken/
Twitter: https://twitter.com/ diwtoken
Telegram: https://t.me/diwtoken
Instagram: https://www.instagram.com/diwtoken/
Youtube: https://www.youtube.com/channel/UCcsN2tHDO3kxl3p1bBq4g6g

AUTHOR

Name : ayumichia
Bitcointalk profil : https://bitcointalk.org/index.php?action=profile;u=1427084

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