A lot of innovations has been made on the internet through the invention of the blockchain technology. Right from the invention of the internet,internet entrepreneurs has been working tirelessly as a team to bring on the block at each point in time new and exciting innovations to further enhance the ease and convenience of doing or carrying out activities on the internet.
The users of this great technological inventions, ranges from banks,insurance companies, advertisement firms and many other industries. Seeing the convenience it ensures,they have adopted the new paradigm of governance through the new concept invented by Satoshi Nakamoto since 2007.
The introduction of the blockchain technology ecosystem, has really aided the advancement and innovations observed on the internet today. The advantages of the blockchain technology ecosystem cannot be overemphasized, all of these platforms created on the blockchain would not have been without the invention of the blockchain technology.
THE OXCERT PLATFORM
Creating,owning,and validating assets on the blockchain is what the Oxcert platform was created for. Oxcert is the first open protocol built to support the future of digital assets,powered by non- fungible tokens. The Oxcert protocol was established to offer tools for building dapps,aimed easy authentication and management of digital or real world tangible assets (I.e ID,Educational certificate,In-game item or a house) on the blockchain.
The tokens used on the Oxcert platform is the Xcerts and is created through a custom minting process. Oxcerts stands in for opinionated non-fungible tokens which also holds an imprint of an asset.
To validate a proof of existence, authenticity and ownership of these digital assets without a third party involment,the Oxcert platform is used. People indeed need to get acquainted with using the internet,because in no time all activities are going to be done through the use of the internet. This easy and convenient way of doing things cannot be fully utilized until all people become internet literates.
VISION AND MISSION
The vision of Oxcert is to provide an open protocol for standardized and certified nob-fungible tokens to a wider technological audience. Oxcerts hopes to create a platform in which people can build upon the non-fungible token standard, engaging an absolute tool set,development framework, and a set of conventions for various use cases. These operations created by Oxcert has resulted in a shorter development time,low risk level,and low costs involved in developing a blockchain solution.
CHALLENGES
low speed of development
lack of convention and interoperability
missing registry of verified issuers
limited open- source and blockchain agnostic solutions
APPLICABLE SOLUTIONS
pluggable settlement for faster development
convention for data interoperability and standardization
decentralized verification registry through curated registers
ooeb source and blockchain agnostic.
TECHNICAL STRUCTURE
corperation structure
governance
token(Xcerts)
exchange
voting
FUND DISBURSEMENT
The revenue realised under this platform is allocated as follows :
Development. 50%
Marketing. 15%
Legal. 10%
Operations. 10%
Setting up Foundation. 5%
Foundation Fund. 10%
Conclusively, the Oxcert platform was set up to ensure a easy yet convenient way of validating,authenticating and owning tangible assets on the blockchain ecosystem. Hence,ownership, validation and authentication of tangible assets is just some pin- punch away... Oxcerts yet another innovation from the blockchain platform.....
WEBSITE: https://0xcert.org
TELEGRAM:https://t.me/zeroxcert
WHITEPAPER: https://0xcert.org/whitepaper.pdf
TWITTER: https://twitter.com/0xcert
FACEBOOK: https://www.facebook.com/0xcert
Authors details
BTT Username: bl3zzy
BTT Profile link : https://bitcointalk.org/index.php?action=profile;u=1328702
