LYNKED.WORLD - Solving Real Life Problems In The Current Digital Era

dedesuryandit (6)in #parq • 6 years ago

Every day people have to deal with documents, with the need to confirm their identity, qualifications and it takes a sufficient amount of time, as for this to collect a large number of papers, travel a lot of places, spend money and nerves in queues. This bureaucratic red tape of course also prompted the development and introduction of new technology in this industry as digital data.

Digital personalization has greatly simplified and accelerated the process of transferring people's personal data, certificates, reports, but at the same time there were shortcomings in the form of ease of copying and theft, as intermediaries are used centralized social networks, cloud services that are subject to hacking by fraudsters.

Frequent cases of hacking accounts of social networks of many people and sending friends a request to transfer money, explaining the causes of a difficult life situation or just to borrow. Many of these tricks come across and lose friendships and money. And in this case, just recommend to call this person to make sure the authenticity of the correspondence.

Digitization of data of course brings quite beneficial advantages, but at the same time have disadvantages, as there is no single database of identity verification with the impossibility of its hacking and counterfeiting. And this situation is taken to change the project called LYNKED.WORLD

LINKED.WORLD creates a decentralized digital platform using blockchain technology, which solves the problem of reliability, security and fast verification of any data between institutions, people with the help of one convenient application.

This makes it possible to reduce and practically eliminate the costs of intermediaries that are required for traditional verifications (legal services, references from work). Protects personal data of individuals and allows access only to the owner or other persons only with his consent to a certain part of the documents.

Each user will have their own digital wallet with the ability to download and store any important information and documents, ranging from passport, driver's license and ending with medical records. This allows you to quickly confirm your identity, professional qualifications at check-in at hotels, when hiring in the personnel department, keeping it all in one place.

The primary goal pursued by the project team is to create a reliable and effective professional network where employers can really find highly qualified specialists for the best development of their business projects. This will help to increase the number of jobs in demand and reduce unemployment.

PROBLEMS LYNKED WORLD AIMS TO SOLVE

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

VISION

Our vision is to ensure that trustworthiness of our digital identities, data and documents is transformed from a question mark to a veritable asset, using blockchain technology. We aim to provide a fully functional ecosystem, with provisions for developing easy to use configurable forms, and entirely new applications deployable by any organization on need basis – providing relevant and tailored services for consumers focusing on a plethora of scenarios from daily life. Consequently, this would reveal many new explorable avenues for services that can be offered using our platform. “Trust” is now a dependable friend on our side, the veracity of our digital persona being inherent and embedded in our offering.

KEY FEATURES OF LYNKED WORLD

A secure and trusted digital identity for all situations and purposes
Peer to peer verification of any documents and data harnessing the immutability of blockchain technologies
A single source of truth for verified data ensuring trust and authenticity of verification
Digital Identity based KYC process capabilities
Retaining total control of data in the hands of the ownersand ability to share data with consent
Removing the need of repetitive verifications for the same profile, by maintaining a clear and accessible history of verification in the blockchain
Eliminating the need for intermediaries in the Identity and data verification steps.
Digital Signatures on documents using Lynked.World Digital Identity

LYNKED WORLD'S ECOSYSTEM

Lynked.World's ecosystem is a multi-faceted solution consisting of all application platforms developed from the bottom up to be able to take advantage of blockchain technology features. Our platform is based on the Ethereum blockchain and consists of feature-rich modules that solve real-life problems around the trust and authenticity of digital identities, documents and data for both consumers and companies.