Every day, we create and store 2.5 quintillion bytes of data. In the last two years alone, we have created 90 percent of the world’s data! The amount of data created on digital information platforms daily is eight times greater than the information stored in all of the libraries in the U.S!
People create and access data via different digital personal devices daily, with data and information being stored in various databases and clouds, in services such as the social media, music platforms, banking, shopping and much more. According to an online survey, with more than 2,000 english-speaking adults participating, the average person has 27 discrete online logins. As we store more
and more data in various locations we rely on a growing number of passwords to access our information. It is possible to store these passwords along with other sensitive information with various online organizations; however, this raises the concern of security breach if an individual stores all private information in one place.
Organizations that offer password and information storing services use what is known as a centralised system. Centralised systems are currently the most widespread models for software applications. The system gathers and stores all data at a single centre, with all individuals being dependent on this infrastructure, as well as expecting it to protect their personal data. This dependency results in a single point of failure that is vulnerable to hacking or corruption.
People need to store passwords and sensitive information in an easy-to-access location without the risk of security breach. This is now possible through the use of what is known as a decentralized system. This system solves the issue of a single point of failure on a centralised system. Instead of storing passwords and information in one centre that is monitored and controlled by an individual or a single organisation, decentralized systems are spread across many servers with no one person or individual entity having control over any data, eliminating a point of attack for hackers.
The Problem :
DIW’s unique concept plans to put an end to the following issues plaguing our modern world:
Advancing Data Breaches:
There is an increasing amount of sensitive data being intercepted or even stolen globally affecting everyone – individuals and businesses alike, sometimes with unimaginable consequences both on and offline.
Growing Online Fraud:
Finding trustworthy and professional individuals and businesses to work with online is proving to be harder and harder. Every year, an increasing number of people and businesses are being scammed, left with substandard products, services or, even worse, nothing at all. A recent report revealed that 75% of the companies included within a global survey had fallen victims of fraud, with 69% of these suffering financial loss.The number of attacks on individuals is even higher, as they are much less prepared, thus more prone to attacks.
Utilising Crypto Currency:
In a period of just 12 months, the total market cap of all Crypto Currencies has seen a significant increase. However, crypto currency is solely used within the crypto community and online exchanges not in ‘real life’ hence, its usage is limited.
Solutions Provided by Diw :
DIW plans to bridge and solve all aforementioned issues with the introduction of its global, blockchainbased, decentralized network, complete with its own ecosystem and currency.
DIW holders will be able to access the network anonymously, gaining access to a Secure Vault, where they will be able to securely store their entire ‘Virtual Life’ including sensitive documents such as passports, contracts, electronic health records and login details.
Organizations and individuals around the globe will be able to take part and exchange their services in the form of a Global Directory. Access to the network is only provided to valid holders, having confirmed their accounts by filling KYC / KYS documentation. Transactions will be completed in full transparency and all network members will be able to see each other’s real life performance in the form of a rating score.
The DIW Token will be used and accepted throughout the network for transactions between its members, enabling higher security.
Additional services such as encrypted storage solutions, digital contract-based escrow services as well as a hardware wallet for enhanced security will also be offered to its premium members.
To top it all, DIW plans to introduce its own Payment Gateway that will be easily integrated within e-commerce websites accepting both fiat and Crypto currencies enabling the utilisation of crypto-currencies in everyday life, with the DIW Token being the most ideal form of payment.
The above functions sit at the core of the DIW project. Building on these, the possibilities are endless. As security becomes an increasing priority, DIW will be a personal safe haven – one that will allow the secure storage, access and sharing of information, enable secure online purchases as well as help its members locate, come into contact and work with true professionals. At any given time, its members will be able to only provide information they are comfortable to share with others. All of these will be made possible within a fully transparent network, featuring its own ecosystem,Join the Telegram Group : https://t.me/diwtoken
Ico
Symbol : DIW
Pre-ICO: 06/03 - 20/03/2018
ICO : 03/05 - 31/05/2018
DIW Tokens Supply: 1 000 000 000
Tokens for crowdfunding: 700 000 000 (70%)
Hard Cap: 28 000 000 USD
Participation: ETH
Token Standard: ERC-20
Decimals: 18
Unsold Tokens: Will be BurnedFinal ICO Price 1 ETH = 8000 DIW
ICO Bonus Structure
Funding Allocation
Funds received from crowdsale are intended to be used mainly for the development and progression of the DIW ecosystem. The level of funding received will dictate the extent of the development,with the proposed phase development being our priority.
Use of Funds: DIW plans to utilize crypto currency where possible,but will also have to exchange crypto-funds for fiat currency to cover some of the below expenditure. The breakdown below suggests a rough estimation of how funds raised during
crowdsale will be allocated:
60% will be reserved towards project design and development
15% will be allocated for sales, marketing and community management
5% for legal consultation / expenses
5% towards administrative expenses
10% towards operational costs, including office rental, equipment, servers, etc.
5% towards the redundancy fund
Ecosystem
The DIW ecosystem consists of 1 000 000 000 (one billion) tokens. We
propose that a single token be referred to as a “DIW” and be represented by
the rhombus symbol “◊”.
we propose to utilise the use of 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,Visit https://bitcointalk.org/index.php?topic=2567416
Terms of Token Creation & Distribution
For crowdsale, we invite individuals and/or organizations that believe in the DIW project and subsequent ecosystem, to participate in the initiative, and buy the DIW token. Out of the one billion pre-mined tokens issued, 700 000 000 (70% of the DIW tokens) will be made available during crowdsale. All unsold tokens will be burned at the end of crowdsale. The DIW token will also support the DIW ecosystem – as per our proposal - since it will be used for transactions within it further boosting its value.
Tokens in Numbers
Roadmap
Our Team
The Advisors
For more information and updates on the project and its development,including many interesting details about team composition, support and technology, interested parties are invited to join the whitelist by filling out the appropriate form on their website https://diwtoken.com/
Details Information :
Official Website : https://diwtoken.com/
Whitepaper : https://docsend.com/view/qr8a4u7
ANN Thread : https://bitcointalk.org/index.php?topic=2567416
Join the Telegram Group : https://t.me/diwtoken
Twitter : https://twitter.com/diwtoken
Instagram : https://www.instagram.com/diwtoken/
Reddit : https://www.reddit.com/r/diwtoken/
Medium : https://medium.com/@diwtoken
Author : viarathel
Eth Address : 0x354B4485f6133537148382d7022Be1b3c98Dbf95
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