ShoCoin is a cryptocurrency that allows trackable compensation when identity attributes are shared by an individual and different service providers. It leverages the ShoCard Identity platform, an existing product with real clients, and can help expand the overall ecosystem. ShoCard is a patented solution with the ShoCoin exchange, a patent-pending solution, that addresses real customer needs necessary for the distributed ownership made possible through the blockchain.
STO/ICO Status
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Basics
| Platform | Stellar |
|---|---|
| Type | Stellar |
| Accepting | USD, Others |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Benefits of ShoCard and ShoCoin
SECURITY
User’s data, including their biometrics is always on their phone and encrypted when stored. For each field, the data is one-way hashed and then digitally signed. That signature is the only thing placed on the blockchain.
PRIVACY
User’s data is always kept with the user on their mobile device. It is never stored in a central server that can be hacked. User’s decide with whom their share their data with and which specific pieces of their identity they choose to share.
EASE OF USE
Individuals don’t have usernames and passwords to authenticate themselves. While there is always a minimum of 4 factors, users just press a single TouchID to authenticate themselves.
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