DIW Token - The Highly Anticipated Digital Security

What is Digital Identification Wallet (DIW)?

DIW is a personal dispersed identity facility which allows registered account holders to firmly store and access sensitive encoded data using the power of a blockchain network. Individuals and organizations looking to store, maintain as well as firmly share their serious data - in portion or in whole - will be greatly promoted by joining the DIW network. This will also supply and develop its own Hardware Wallet which will ensure extreme security to demanding top members. In combination with the security offered by blockchain technology provides extraordinary levels of protection and peace of mind which we call ‘Decentralized Security’. DIW also target to bring the DIW token where the account holders able to handle with other DIW identity holders with both businesses and individuals. It will also act as a “collect on delivery” service, by which DIW holders can initiate transactions based on pre-specified terms, with or without third party intermediaries watching the transaction. A ‘DIW Payment Gateway’ will also be introduced. That’s an easily combined check out system which will provide the chance to businesses and individuals alike to pay or be paid in all major fiat as well as crypto currencies and work with real DIW community members, securely sharing their contact details along the way.

DIW’s unique idea plans to put an end to the following matters afflicting our current world:
• Advancing Data Breaches
• Utilizing Crypto Currency
• Growing Online
DIW plans to link and solve all above-mentioned matters with the introduction of its worldwide, blockchain based, decentralized network, complete with its own ecosystem and currency.
DIW holders will be able to access the network anonymously, gaining access to a Secure Vault where they will be able to firmly store their entire ‘Virtual Life’ with sensitive documents such as passports, contracts, electronic health records and login details. Organizations and individuals around the world will be able to take part and share their services in the form of a Global Directory. Entree to the system is only provided to legal holders, having confirmed their accounts by filling KYC / KYS documentation. Also the transactions will be completed in full transparency. Allowing higher security, DIW Token will be used during the network for transaction. Extra services such as encoded storage solutions, digital contract-based escrow facilities as well as a hardware wallet for improved security will also be offered to its top members. To top it all, DIW plans to announce its own Payment Gateway that will be easily combined within e-commerce websites accepting both fiat and Crypto currencies allowing the use of crypto-currencies in everyday life, with the DIW Token being the most ideal form of payment. The above functions sit at the core of the DIW project. Building on these, the potentials are limitless. As security becomes an increasing priority, DIW will be a personal safe haven – one that will allow the protected storage, entree and sharing of information, and also allow secure online purchases. At any given time, its members will be able to only deliver information they are comfortable to share with others. All of these will be made possible within a fully clear network, featuring its own ecosystem.

Advantages of the DIW decentralized community:

• Ultimate security to the account holder via the utilization of a hardware wallet
• Well-organized, swift and cost-effective transaction processes
• Complete independence to transact via any form of currency
• Access to support provided by a large, global community
• Secure peer-to-peer protocol for the distribution of sensitive data including
personal electronic healthcare records

All of the above will be easily accessed via DIW’s platform by simply making and maintaining an account.

Ecosystem

The DIW ecosystem consists of 1 000 000 000 (one billion) tokens. This propose that a single token be referred to as a “DIW” and be represented by the rhombus symbol. The price of the DIW token will be influenced by the following:

Terms of Token Creation & Distribution

70% ICO
15% Founders Tokens (12 months vesting/2 months cliff)
5% Advisors & Partners (12 months vesting/2 months cliff)
2% Bounty
8% Future Partners

Tokens in Numbers

Funding Allocation

Funds received from crowd sale are planned to be used mostly for the development of the DIW ecosystem. The level of funding received will dictate the level of the development, with the planned phase development being our priority.

DIW plans to use crypto currency where possible, but will also have to exchange crypto-funds for fiat currency to cover some of the below expenditure. The analysis below suggests a rough estimation of how funds raised during crowd sale will be allocated:

60% will be reserved towards project design and development
15% will be allocated for sales, marketing and community management
5% for legal consultation / expenses
5% towards administrative expenses
10% towards operational costs, including office rental, equipment, servers, etc.
5% towards the redundancy fund

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