Geens ICO Review : Ecosystem Tools For The Web, Safety
About Geens
Geens is a privacy focused document storage platform with blockchain timestamping services. Private document storage is the backbone of the Geens platform. The platform can be compared to Dropbox or Google Drive, with Geens holding a higher level of privacy.
Geens is GDPR compliant. GDPR compliance will become obligatory under EU law from 2018, and Geens can offer business solutions to the large EU market and beyond. Geens’ encrypted document storage is connected to the Ethereum blockchain. The blockchain as a technology is immutable and incorruptible. Geens users can timestamp their documents on the blockchain without revealing content of their document or own identities. Among other applications, document timestamping is used to protect copyright, unique ideas or patents; to prove that the document was signed prior to a specific date; to acknowledge ownership; and to produce virtual IDs. Blockchain timestamps can be used as legal evidence in courts across the globe.
Basic Information
Token Name | Geens |
Token Symbol | GEE |
Social Media | |
Soft cap |
4,000,000 USD
|
Hard cap |
12,000,000 USD
|
Tokens for sale |
67,000,000 GEE
|
Country | Lithuania |
Whitepaper | Click Here For View Whitepaper |
Website | Click Here For Visit ICO Homepage |
Market situation
Today more than 2 billion individuals and millions of companies are using the internet as a global information architecture that allows them to conduct their activities online. Millions of communication devices are sending and receiving private data every second. Digital data is doubling in size every two years, and by 2020 the data created and copied annually will reach 44 Zettabytes, or 44 trillion Gigabytes. There is a huge need to provide effective tools for managing personal & private data and to develop a wide range of data services such as cloud computing, data timestamping, data mining and analysis.
Uniqueness of Geens
The Geens worldwide demand for delivering the different type of private data-focused services, tools, and solutions is quickly growing. At the same time, new trends of data regulation aim to strengthen measures and requirements for appropriate protection of the personal data that companies hold and process. Due to the recent rise of innovative technologies, the market offers new and modern ways of handling private data. There is no doubt that some of such services are valuable and offer proper solutions to a user. On the
other hand, the market for private data services and solutions remains fragmented. In order to receive a full range of solutions, the user is forced to choose several services from a range of providers.
Data marketplace
In its essence Geens is privacy focused data storage with blockchain timestamping services. In order to provide the full range of services of privacy and identity management, and to reflect a changing legal, social and cultural environment, such as GDPR regulation, e-governance, implementation of virtual IDs, the Geens data marketplace is offered. The marketplace contains all necessary infrastructure with its core utility – the Geens Network Token (GEE), which enables the exchange of services and the transfer of data among the users of Geens. The mechanism of providing and receiving services or transferring data will be implemented via signing of smart contracts.
Geens for business
Geens services and tools of private data management as a primary goal are designed to benefit its members. Most of the services in Geens can be used free of charge. In order to cover its operational costs and to be able to consistently maintain a good quality services for its members, however, Geens has a business mode for private data management. Geens-for-business focuses its services to several specific areas. Every user of Geens automatically gets 1GB of free storage within the Member plan.
Economy
A long-term goal of the Geens project is to move towards a self-sustainable, independent, and decentralized model of the GEE economy in terms of privacy management. The model of GEE economy integrates together all ideas already presented in whitepaper, and brings new ones in the later phases of project development. An equilibrium and efficiency of the entire GEE economy will be achieved in the long term. The Geens Network Token (GEE) is a central utility of the GEE economy enabling data transfer, exchange of services and ideas among the members of Geens.
Features of Geens
- Free storage.
- End-to-end encryption in Geens storage.
- End-to-end encryption sharing.
- Zero knowledge authentication..
- 2FA authentication.
- Sync function.
- Data backup.
- Business mode (for B2B clients).
- Data timestamp.
Video
Team
Member |
Jaak Geens Entrepreneur, Founder of Geens platformLinas Bukauskas, Vice president of Geens NPO |
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Quote This article is writing on 13 August 2019 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258
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Posted from Coinworldstory blog with Coinworldstory Team : https://coinworldstory.com/geens/