PikcioChain is a secure and distributed permission-based platform specializing in the collection, certification and exchange of personal data. PikcioChain lets businesses trade and exchange personal data in complete security and with confidence, while simultaneously empowering individuals by giving them control of their own data and enabling them to realize its financial value.
PikcioChain operates a decentralized structure that lets individual users keep control of their data because it is stored in its entirety only on their individual devices (although encrypted data can be shared onto authorized network nodes for backup purposes).
The Blockchain technology upon which PikcioChain is built, delivers functionality that cannot be replicated elsewhere. These benefits include:
- The security of knowing that fraud, in terms of altering data or transaction histories, is impossible.
- Knowing that data is being exchanged with the full permission of the data owner.
- The decentralization of data storage is crucial to the successful prevention of data theft. Pikcio users store their data only on their own devices, making a large scale theft of data impossible.
- Speed of transactions is an important factor in any data exchange. By using a third generation Blockchain platform, Pikcio is able to take advantage of the almost instant transaction speeds that it offers.
PKC is the token that makes the whole Pikcio ecosystem work. PKC can be used in a similar way to a proprietary currency within the Pikcio network. When used in this way, it can be a medium of exchange facilitating the buying and selling of data.
PKC can also be used to incentivize data producers to keep their data up to date and to share their data with organizations. As such, PKC will become a proxy for the value of personal data held within the Pikco ecosystem. This value should rise as more users store, update and share increasing amounts of data within Pikcio
PKC are also used for individual identification with data certifiers fixing the price of the data so that when a client consents to share it with a data service consumer who itself is allowed to consume it, the transaction is challenged, and the smart contract executed.
The miner that undertakes this work is rewarded a minimum of 0.001 Pikcio Tokens per transaction for executing a smart contract. The volatility of Bitcoin and Ether make them unsuitable for this task as project cost structuring and evaluation become almost impossible under such volatile conditions.
Pikcio Tokens are designed to lessen the volatile cost of transaction over time, to enable sustainable and cost reliable services, independently of fluctuations in value that affect both fiat and cryptocurrencies
In short, PKC help businesses buy their client’s data along with their proof of authenticity and integrity. It can also provide access to identification validation from third parties like banks that have already processed KYC.
In addition, Pikcio Tokens will grant users the right to deploy their own smart contracts and execute them in the safe and modular Blockchain environment provided by PikcioChain.
What makes Pikcio different from other credentials companies?
When other companies certify and store data locally on their servers and databases, they are the sole guarantor of the authenticity of the data, we have to trust them. If they modify or change the data, nobody will know.
PikcioPro and PikcioMe are based on the PikcioChain, which is a Blockchain-based distributed network. When data is certified, a footprint of this data is stored (timestamped) on a fully distributed database owned by several trusted companies on their servers.
This distribution shares the responsibility of the certification between several entities/companies/administrations and makes it incorruptible. If one of them forges data, the others will know and will update the network with the correct data.
Token Information
Token Name =Pikcio
Token Name =Pikcio
Token Symbol = PKC
Token Price = 5000 PKC = 1 BTC
Pikcio Tokens crowdsale = November 24th, 2017
Team
Founder, CEO - DIDIER COLLIN DE CASAUBON
Co-Founder, CTO - FABIEN BUCAMP
Co-Founder, Research - DR. JORICK LARTIGAU, PHD
Development - ALIZON KÖNIG
Strategy - GONZAGUE GRANDVAL
Chief Sales Officer - JEAN-FRANCOIS LIENART
Co-Founder, Plan & Audits - CHERIE ARRUDA, MBA
Operations - DELPHINE BENAT-RASSAT
More Info :
Website : https://pikciochain.com/enWhitepaper : https://pikciochain.com/static/files/PikcioChain_Whitepaper_English.pdf
Facebook : https://www.facebook.com/PikcioChain-124664578252166/
Twitter : https://twitter.com/pikciochainpkc
Telegram : https://t.me/PikcioChain
Slack : Here
Ann Thread : https://bitcointalk.org/index.php?topic=2410163
Author : mriansa
https://bitcointalk.org/index.php?action=profile;u=886049
