Decimal ID

🔗How can blockchain be used in digital identification and what does it mean for users?

📲Due to traditional drawbacks of centralized system, there is currently an increased need in the system that has made it possible to transfer the control over users’ data on electronic devices and to get the opportunity to provide it quickly and in a convenient way without the need for some centralized state intermediary. Until recently, this solution has seemed technically impossible, but with the advent of blockchain, it has become real.

🔐DecimalChain provides the opportunity to use and verify personal data or to confirm ID not revealing the document data. Because even if the data is encrypted, it can be verified by creating a system in which user will have to pass the KYC procedure once, and after that he would be able to use this platform for verifying identity in any other system.

👤Imagine that you can use this method of proof for confirming your adulthood not revealing the concrete date of birth. On the DecimalChain ecosystem, access to data will be based only on his consent. To provide this consent, user should log in to the system just as it is in the case of usual crypto transaction using his private key for data exchanging.

🙌🏻 Have a wonderful weekend and only good news!