THE PIKCIOCHAIN PROJECT
Hello guys. Today i will be discussing briefly on the pikciochain project, which is building a burdened system with the responsibility of storing, securing, verifying and certifying data to ensure that the data source has full control over their information at all times. At the moment, in almost every industry and sphere there is some kind of processing of data, including personal data and the state’s demand for the preservation of personal data of citizens. At the same time, data volumes are growing, and it becomes more difficult to confirm their origin and authenticity, which makes any business vulnerable to fraud. This is simply where pikciochain comes in with its features which will be discussed further. Just the way we have as the blockchain technology as a public ledger that can be accessed by anyone with an internet connection and tracks monetary transactions in a secure, efficient and transparent way which allows it to be decentralized and autonomous in nature that empowers companies in several ways, imagine its integration with pikciochain’s functions. This will yield maximum certification and verification at its peak.
What is Pikciochain?
Pikciochain is a decentralized network that offers ways to secure our personal data. Also, helps in keeping the process completely transparent. As stated earlier, Pickio has been designed to store, secure, verify and validate data while ensuring that data sources retain complete control of their information at all times. It also let users choose how to share their data, who can share with them, while also giving them a chance to get paid. The use/need for this project varies across a wide range of fields. For example, in the financial area, where banks need to automate the collection and exchange of customer data with other financial institutions. Medical institutions and insurance companies are also interested in this type of service, because the Pikcio ecosystem can at any time provide information that the data that they store or acquire, are checked and processed in full accordance with the wishes of the data owner. Not to mention the marketing firms that are using personalized personal data in large amounts of advertising strategies.
Watch introduction HERE: https://www.youtube.com/watch?v=ybLzXWmPaP4
How It works
The Pikcio platform has a PikcioChain that acts as a decentralized information highway. It mediates between the individual data provider and the data buyer to create a marketplace with two means of access. Its architecture is such that it is a highly secure and distributed permission-based platform designed to collect, certify and exchange personal data in a server-free environment that keeps the individual data provider in control.
The interaction on Pikcio involves various of its products which includes PikcioMe mobile application
that allows individuals to take part in the marketplace and access the Pikcio network. The app on the device acts as the server that provides their personal data onto the Pikcio ecosystem. This enables them to supervise and control their data that has been collected and manage it on the network. And in return for their data, users are paid in PK tokens, which are Pikcio own cryptocurrency.
The next aspect of the Pikcio platform is the PikcioPro.
The PikcioPro is essentially a gateway through which businesses can take part in the Pikcio marketplace. This they can do by using smart contracts that uphold the demands and restrictions of the individual data owner, organizations can buy and sell certified and verified data from or to other parties.
With the help of all these features, Pikcio can create an ecosystem that is efficient, accessible and safe to use and handle.
The last stage of the platform is the PikcioToken, the major currency that is used in the PikcioChain. It also comes up as the first ever monetized sources for the data marketplace.
About Token sale and distribution
Token Name: PKC
ICC Pre-ICO Duration: 24 Nov 2017–28 Feb 2018
ICO Length: March 1 to March 31, 2018
● The contribution of one ethereum (1 ETH) will lead to the allocation of 327 CCP plus a time-dependent premium
● Limit 80% of Sales Tokens
● The following premiums will be offered:
1 To December 20: 30%
2 To Jan 3: 25%
3 To January 17: 20%
4 To January 31: 15%
5 To February 14: 10%
6 to 28 Feb: 5%
Planned fees during the ICO:
soft cap: 7,500,000 EUR
hard cap: 25,000,000 EUR
During the ICO, it is planned to sell 27,696,000 PCK tokens.
For more information on this project, Visit:
Website : https://pikciochain.com/en/
Announcement of the project: https://bitcointalk.org/index.php?topic=2410163
Facebook: https: //www.facebook.com/PikcioChain-124664578252166/
My Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1048662