YourBlock — The World of Transactions and Information for Customer and Company

Blockchain is bringing us the Web of Worth. A brand-new platform to improve the world of transactions and information for customer and service alike. YourBlock completely intends to be at the leading edge of this ”digital revolution”.
YourBlock aiming to be the very first Blockchain based contrast and incentivized based Personal Data storage platform. When the customer desires, enabling the customer protected access to quotes for services and items. Smart agreements in between the customer and company finished on the Blockchain.
YourBlock will permit both customers and company a safe and secure location to negotiate company, to handle that account safely throughout the agreement term.
Initial Ideas about YourBlock
YourBlock is intending to be the first Blockchain based comparison and incentivized Personal Data storage platform. A Blockchain based digital filing smart cabinet, developed from the ground up to resolve the requirement of customers to have someplace safe and secure to store their information, information that they utilize every day to handle their day-to-day lives.
Technical things about YourBlock
YourBlock is constructed on personal information shop (Database + Blockchain) that will anchor itself to the general public Ethereum Blockchain. This assists get the very best of both worlds, the information stability and immutability of the general public Blockchain, paired with the security and scalability of a personal information store or shop.
When designing a business Blockchain service, it is essential that the following attributes are accomplished:
- Permissioned/Private options.Only members are able to write. In case the third party needs any data access of the consumer, they will have to request access permission from the customer’s data cabinet.
- Decentralised opportunity. Equivalent control over DB shown all participants; dispersed complete copies (“ nodes”) to make sure a total record constantly exists and is offered.
- Immutability & Data Stability. Records cryptographically safe; difficult for bad stars to threaten information stability 4 Scalability: managing big transaction volumes without jeopardizing network synchronisation, security, availability or information stability.
- Security systems in business Blockchain service. Information file encryption; management of complicated approvals for participants & third parties. Different architectural styles were thought about along these 5 specifications.
Customer advantages using YourBlock:
- Financial cost savings by sharing commission/origination charges made by YourBlock, through basic cost contrasts and alerts, and through smart tracking of invest in services.
- Time cost savings and benefit by just needing to preserve and share a single Blockchain digital filing cabinet, and using smart agreements for simplified claims, modifications, cancellations, and renewal procedures.
- Higher information privacy by managing who and when service companies get gain access to. Restricting access to just the information definitely needed to offer the service.
- Greater openness on comparable services and on policy/contract terms.
- The more users on the platform the higher the opportunity to obtain much better handle the provider for their services and items
Company advantages using YourBlock:
- Improved customer information quality in the better ways, maintained up to date post on boarding.
- Automated compliance with the EU’s brand-new complex GDPR (General Data Security Policy) information personal privacy guidelines.
- Expense cost savings and enhanced consumer experience made it possible for by the automation of onboarding and claims, modifications, cancellations, and renewals of policies/contracts.
- Decreased insurance coverage scams through using automated smart agreements
YourBlock (YBK) Token Sale
YourBlock intends to raise €30 million Euros from the Token Sale instantly. A maximum of €10 million will be taken in the Pre Sale for sure (although the variety of tokens to be released varies, relying on the discount rate level).
ICO Sales: Starts January 15th to February 26th, 2018
Token provided: 200,000,000 YBK tokens
Price token: 0.50 EURO
Softcap: 5.000.000 EURO
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1422011;sa=summary
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