Thursday, September 20, 2018

LYNKED.WORLD - Trustworthy Digital Identity, Data and Document Sharing


Hello everyone, in this new post I want to introduce the Lynked.world project, and for more details, let's just go to the following discussion:

About Lynked.World
Lynked.World is a blockchain based secure platform for individuals and institutions to own, control and share digitally trusted identity, data and documents.

Lynked.World solves critical problems faced by individuals and organizations in today’s digital world:
  • An absence of a guaranteed secure and trusted identity of each individual and entity
  • No common premise for Trust and Authenticity of data across various use cases
  • Inefficiency and increased costs due to intermediaries involved in processes
  • Inability to provide access to many kinds of services over digital platforms due to the non-secure nature of digital identity and associated data.

Our Ecosystem
The Lynked.World eco system is a multi-faceted solution comprising of an entire application platform developed from ground up to be able to harness the features of blockchain technologies. Our platform is based on the Ethereum blockchain and comprises of feature rich modules solving real life problems around trust and authenticity of digital identities, documents and data for both consumers and corporates alike.


BLOCKCHAIN BASED
Digital Wallet

Lynked.World digital wallet is a convenient way to store your personal identification and other document e.g. Passport, Driver’s License, Medical Records, Degree Certificates, and more on your mobile device. These documents can be securely verified on blockchain. Our Digital Wallet enables users to own and control their digital information and share identity, documents and data directly with other entities such as employers, institutions and businesses in a secure and convenient way.

Key Features
  • Secure storage of digital documents on your mobile device.
  • Control of your own data –Share only what is explicitly authorized by you
  • Get your documents verified on blockchain
  • Enabling authorities to issue digitally signed documents to user wallets
Use Cases
  • Sharing identity documents when checking into hotels, airports, hospitals using QR codes
  • Sharing verified educational and professional certificates with employer for job applications
  • Avail different kinds of services requiring digital identification with ease
BLOCKCHAIN BASED
Share verified document via QR code


1. To generate a QR code for requesting specific documents from a user
Requestor first selects the document types from the configurable QR code page.
Requestor clicks on "Generate QR" code button to generate a QR code which encapsulates the request for identity and other documents in the form of a scannable QR code.
2. When a user scans the generated QR code, the details of the requestor and the requested documents are displayed on the user’s mobile app.
3. The user can now validate the request and authorize the sharing of his/her own data & documents with the requestor.
4. The authorization for the requested documents is now sent to the Lynked.World Digital Wallet
5. The authorized documents along with the blockchain authentication for each one of them is now shared from the user’s Digital Wallet to the requestor’s device.
6. The requestor receives the authorized documents and can also validate the authenticity of the individual documents received on the blockchain If needed.

Secure Transactions
Our digital identity solutions greatly remove the risk of fraudulent online transactions by indisputably identifying a person harnessing the power of blockchain.

Banks, Financial organisations and even online retail services can leverage our application features to make sure that online payments, withdrawals etc., are authentic and not being done using lost or stolen cards and/or identities. An online transaction cannot be completed until a user confirms his/her digital identity using our Lynked.World mobile app making transactions over the internet much more secure and trustworthy.


Token Sale Details
  • Lynked.World tokens (LYNK) are ERC20 tokens based on the Ethereum platform.
  • Token Symbol : LYNK
  • Initial Token Supply : 200,000,000
  • Start Date for Public Sale : November 15th, 2018 (9:00AM GMT)
  • End Date : February 10th, 2019 (11:00AM GMT)
  • Number of tokens for Sale : 150,000,000 LYNK
  • Hard Cap : 25,000,000 USD
  • Token Exchange Rate : 1 LYNK = 0.35 USD
  • Soft Cap : 5,000,000 USD
  • Acceptable Currencies : ETH, BTC
Unsold Tokens
Any Unsold Tokens after the token sale (based on the hard cap of 25 million USD) will be moved to the Community Reward Pool

Additional Token Distribution
New LYNK tokens after the initial issue of 200,000,000 can only be generated from the reserves based on redemption of Lynk Boost Dollars into LYNK. Once the total number of LYNK tokens issued reaches 500,000,000 the company will initiate buyback programs to purchase LYNK tokens from open market to be able to continue the “Community Rewards System”.

Token Sale Timeline
The LYNK token sale will start on the 15th November 2018 and continue till 10th February 2019. The entire sale has been broken down into 4 individual rounds with varying discounts to the base price (0.35 USD) for each LYNK token.


Initial Token Distribution and Sale Proceed Allocation


Lynked.World Mobile App
Get Lynked!!!

Download our Mobile App and be a part of the Lynked.World ecosystem. Unleash the power of blockchain to
  • Create your own trusted and verifiable digital identity
  • Use your digital wallet for secure storage and authentication of data and documents
  • Share your identity and documents seamlessly with others using QR codes
  • Securely logon to other sites using your digital ID
  • Get Lynked: Share, Connect and take part in our referrals program
To find more relevant details from the Lynked.World project, please follow some sources for the following references:


Bitcointalk username: Aray80

Featured post

BAANX - The First Decentralization Cryptobank Network in the World

Hello everyone, If you are interested in joining the Baanx project, it is a good idea to read reviews that can help you get informatio...