The Distribution of Sensitive Data is Finally Possible with the Help of Blockchain!
Whether you want to relay medical data or relevant information that’s tied to you, it is never a good idea to transfer it over the internet. Once up there it is up for grabs for any hacker or interested party that wants to use it maliciously. Companies think that by creating VPNs and Intranets they are safe from these attacks but that could be farther from the truth!
The reality is that most systems have jarring vulnerabilities and most of the times with the help of little social engineering, hackers can quickly get access to sensitive data. With the help of blockchain technology, however, this issue can be solved once and for all by creating a tamper-proof system that no ill-intent person can dream to touch!
P2PSF: The first secure internet protocol for safe data transfers
With virtually no competitors on the market, P2P Solutions Foundation(P2PSF) aims to develop a commercially-viable platform for interference-free, peer-to-peer transfers of large data. The team is confident that such a technology stack is strong enough to shake the very foundations of how we currently perceive messaging over the internet. The decentralisation process is in full swing, and when it comes to secure communication channels, the P2PSF platform will have the first mover advantage in a world of centralised applications.
The P2PS team is committed to enhancing the ecosystem’s capabilities based on valuable customer feedback. These improvements will be directly funded through the P2P Solutions Foundation with the funds raised through the ICO event. The technological pillars of the platform could be summed up in the following:
- Peer-to-peer transactions that facilitate centralised services using P2PS
- decentralised services, specially created to ease the implementation of the platform
- An incentive-based system that rewards the platform’s users
- A transparent governance system that upholds the shared economy values
The Inception of the P2PS token: the fuel of the platform!
To make the platform work an ERC20 compliant token was created. The primary purpose of this cryptocurrency is to connect peers with the power of the shared economy. Also, to make use of the platform’s services users will have to own P2PS tokens. As more users start using the ecosystem, the value of the P2PS token will increase driven by the actual supply and demand. Token holders will have two options, either to hold P2PS and trade it for its store of value or use it for the benefits it has on the P2PSplatform.
If you want to participate in the project at these early stages, you can do so by purchasing P2PS tokens during the ICO period that runs up until the 31st of August 2018. The total number of tokens put up for sale is 50 million, a sum that represents 50% of total issued tokens. 1 ETH will get you 250 P2PS tokens plus bonus, with a minimum transaction amount of 50 P2PS tokens. Head over to https://www.p2psf.org/ to find out more about the roadmap and future developments of the project!