TrueConnect Chain based on Hyperledger Fabric (HLF)

Created: 08-08-2024

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Today, we introduce you to some application possibilities of the technology at the start of the chain:

🔵 Digital Subjectivity
Using blockchain to create unique digital identities without the use of biometrics. This approach allows for reputation building and interaction with other users through unique digital names, ensuring a high level of anonymity and security. (Your digital names can be used to build a reputation in the network, revealing personal data exclusively at your discretion).

🔵 Entitlement Transactions
Transactions that confirm and record users' rights and privileges. This can include access rights, permissions, and ownership rights to specific resources. (Such transactions allow, for example, to unequivocally record rights to access paid network resources or documents).

🔵 Social Stacking
A mechanism for distributing tokens among users based on their social activity and interactions. When purchasing a new name or registering, a user may receive bonus tokens that are distributed across their social network. (This approach promotes active community engagement and helps build social capital).

🔵 Assets
Storing tokens and digital assets directly in the user's profile. This creates a convenient way to manage and store various types of digital currencies and assets. (In your digital profile, you can securely store cryptocurrency or tokens, easily track and manage them).

🔵 Marketplace
The first decentralized market where users can trade tokenized objects. (A platform where you can buy and sell tokens and other digital assets within the system).

🔵 SocialFi
Integration of blockchain and building decentralized social networks to create new interaction and earning opportunities. (Using blockchain technology to create social platforms where users can earn from activities and interaction with content).

🔵 Reputation
Review and reputation systems based on users' digital names. This allows for transparent and reliable mechanisms for assessing trustworthiness and interaction quality. (Your digital name will be linked to reviews and ratings, helping to build trust within the community).

🔵 Verify Content
Verification of the authenticity of websites, links, and documents associated with your digital name. (Checking the reliability of information and sources through blockchain, ensuring data security and trustworthiness).

🔵 KYC/AML
Linking identification data to your digital name to simplify Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. (Ensures identity verification and compliance with anti-money laundering regulations by third-party services within the blockchain platform).

🔵 POI Provider
Proof of Involvement – validators with the most names in the social graph. These nodes have a high level of trust and influence. (Validators who are active and engaged in the community play a key role in ensuring the security and trust of the system).

🔵 SecondWallet
An innovative web3 industry technology: a secondary wallet that can be used to sign transactions on your behalf, protecting assets and your name in case of theft of the main wallet. (Provides an additional security layer, preventing asset loss in case of phishing or theft).

🔵 Cloud Wallet
A cloud wallet providing access to your digital assets via the internet – a key tool for onboarding new users into the crypto industry through TNS. (Provides convenient access to your assets from any device but requires special attention to security. Protection at the level of two-factor authentication, works like Apple ID login).

This information will be useful for understanding the application possibilities of our blockchain project based on HLF! 🚀🌐


#TrueConnect #HLF