There is a popular saying in the techie-world that ‘Nobody is truly anonymous!’. With the open world of the internet and the mammoth sized data being transferred to and fro; scandals, agitation, blackmail, fraud, illegal trading, and other vices have come to be a norm. With more and more people trodding down the pipelines of the internet daily, there have come to be a growing concern about user’s privacy. This is reflected in the Facebook-Cambridge analytical scandal that shook the whole world barely months ago.
With the speed-of-light development in technology, especially blockchain technology that has revolutionized the status quo especially in the finance world, breaking the monopolistic effects of virtually every aspect of human endeavor through its formidable feature– An actualization of a truly decentralized system. However, I am not going to bore you with the nitty gritties of the blockchain technology, instead, I’ll be taking you through a ride of how the blockchain technology, being immutable, has truly become anonymous following the groundbreaking and world first ever ‘Parralel Blockchain’ implemented by IceChain.
THE ROLE OF IDENTITY IN BLOCKCHAIN
In the world of the internet, every user has an identity. For instance, your location and browser details can be easily captured when one has access to your IP address. Therefore, your IP address is your identity. This also applies in the blockchain technology. Details such as secret keys, mnemonics, and even addresses are used for identification purposes in blockchain transactions. Although it is extremely difficult to tap into these user information, it is not impossible – hence, the need for a more efficient way, such that, while a user’s data stay truly anonymous, their transactions are also preserved and transparent. IceChain’s dual Blockchain technology is a mapping tool that would make Blockchain transactions s fast as the speed of light. It ensures that your data is safe at all times because data are stored and shown to others as anonymous data. Therefore, your data stays truly anonymous at all times even when it gets in the wrong hands!
THE STRENGHT OF ICECHAIN BLOCKCHAIN
ICECHAIN is a blockchain platform built on Double parralel Blockchain protocols and can be used overcome associated development risks and processes of the blockchain.
- On-chain Scalability: IceChain platform is efficient and automatically sclaes up to satisfy the rapid demands of its teeming users, this is one of the problems faced by existing Blockchain infrastructures but IceChain is here to change all that and more.
- Preserved Identities: With anonymity being a requirement, its rekindles massive adoption of finance services like loans, mortages, insurance and so on
- Zero Learning Curve: With an intuitive user interface that is apted to suit each user's transaction behaviour
- Open Source : To encourages the development of Dapps that are truly anonymous and secured
CONCLUSION
Blockchain technology is definitely the future despite its surmounting challenges, and IceChain platform is pivotal because it provides one of the vastly needed feature – A Blockchain based platform where users are void of fear for their privacy, hence a world that is fast, safe, and secured and transactions are faster than the speed of light!
Learn More About IceChain;
Website- https://icechain.io/
Whitepaper- https://icechain.io/icechhain_whitepaper_v0.1.pdf
Bitcointalk ANN- https://bitcointalk.org/index.php?topic=5057035
Twitter- https://twitter.com/theicechain
Telegram- https://t.me/theicechain
Author:
Bitcointalk Username: Aiberg
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2258184