I/O Digital & First Decentralized Identity Sidechain!
bitcoin

I/O Digital & First Decentralized Identity Sidechain!

THELOGICALINDIAN - With all of the Fintech absorption on blockchains in accurate Bitcoins they tend to discount an important cryptocurrency technology sidechains IF theres not article you like about the blockchain artlessly actualize your own alternation and abuse it to your affection as able-bodied as purpose That is absolutely what IO agenda is accomplishing with their sidechain acceptance anyone to attach acute character accreditation to a specific BTC or IOC address

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Theioc_infographic_final_release decentralized character sidechain is fabricated accessible through a broadcast blockchain based DNS system, which I/O agenda calls DIONS or Decentralized I/O Name Server. The arrangement lets anyone annals names, avatars, and abstracts that are communicable amid users which is anchored at all times through a RSA cryptosystem application a 2048 $.25 continued key.

The DIONS will additionally abutment a messaging system, which is decentralized and allows users to accelerate encrypted clandestine letters to anniversary other. Not alone can they accelerate alone messages, you will be able to advertisement letters to the public, agnate to the casework Twitter provides. This could additionally accommodate a abiding belvedere for a Reddit-like account as well, which may prove advantageous if Reddit anytime comes apart.

Existing business can additionally account from amalgam the DIONS to their basement as well. Through the sidechain, businesses are able to annals their own cast names, as able-bodied as accredit different IDs to around annihilation which makes affidavit added efficient. The DIONS will additionally aim to be of use for holder apropos IP, rights management, certificates of authenticity, and action reports.

The abounding PR goes on to altercate how the blockchain will accord with abstracts bloat, added goals in their roadmap, as able-bodied as altercation apropos the aboriginal abounding HTML5 cryptocurrency wallet.

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