DIW Token (DIW)

DIW’s concept plans to solve security vulnerabilities in regards to private sensitive data including ID Documentation, Bank and Login details, Wills and Healthcare records to name a few with the introduction of a Secure Digital Vault.

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What is DIW Token

DIW Token is an individual and decentralized identification service that enables registered account users to have access to the encrypted information and keep it safe within the blockchain network. Access to the DIW network is only provided to valid holders, having confirmed their accounts by filling KYC/KYS documentation.

The objective of DIW Token is to ensure security and privacy when working with confidential user data including ID Documentation, contracts, bank and login details, electronic medical and registration data with the introduction of a Secure Digital Vault.

The DIW Token will be the preferred method of payment throughout the DIW network. DIW token is distributed on the Ethereum blockchain and ERC-20 compliant. DIW Token will allow cryptocurrencies as a mode of payment by building a check-out system that accepts ETH, BTC and other cryptocurrencies as well as fiat currencies for payment.

DIW’s Payment Gateway, will be an integrated checkout system for many ecommerce websites including those featuring Open-Source CMS such as WordPress and Joomla. Moreover, DIW Token will introduce a global directory featuring a rating system where organisations and individuals alike will be able to list their services. Another main feature of the DIW platform is the smart contract – based escrow service that will secure transactions between parties. The DIW paid escrow service, will be simple to use, assuring that all transaction conditions have been met before releasing the funds.

The DIW network will provide encrypted storage, tracking, transferring and secure exchange of personal Electronic Health Records (EHR) between DIW Account Holders and verified laboratories, pharmacists, physicians or other health care professionals featuring the additional option of intelligent contract technology.

The release of the DIW platform prototype is scheduled for Q2 2018, and beta version is set to come out in Q3 2018.