Hello guys! Today we'd discuss about a new promising ICO project - 0xcert!
It is no secret that Bitcoin today is digital gold, and Ethereum is digital oil and more than 90% of all new tokens of the ERC-20 format are created on its blockchain. The advantage of this technology is that different tokens of this format can be exchanged for others, and they are the same if they have the same smart contract.
One good thing about this 0xcert ICO is that it features a protocol that templates for building approved non interchangeable tokens from specially-made digital resource pool. You’ll be thrilled to know that 0xcert stands for un-substitutable tokens that equally contain details of some real-life digital resources.
Good to know, Oxcert protocol can assist a platform to check if a platform can really confirm a proof of being in existence, genuineness and ownership of the digital resources without getting the third party in the process.
The very first execution of 0xcert protocol centers on the Ethereum blockchain due to the fact that the protocol attempt not to conform to blockchain, typical companies will prefer to identify with other blockchains as well.
You’ll want to know that just like the renowned ERC20 standard token, 0Xcert smart contract has been uniquely built to follow ERC-721 details referred to as deed standard.
The project team thus extends the functions of the blockchain and the main task of these tokens will be storing data using a special decentralized registry.
What are the benefits of using 0xcert for developers?
Special Protocol 0xcert allows developers to create applications on the blockchain in languages such as Python, Ruby, Javascript using API connection and a set of special tools.
The Protocol is open source and allows users to prove the right to own various copyrights, the presence of education or certain skills, the end of any courses or the right to own antique values, and all this without involving the services of appraisers, various experts who take a considerable commission. All data is recorded in the blockchain, which is verified by a third party, but does not disclose financial or other confidential information.
If you are interested in crypto currency and blockchain technology, you probably know what ERC-20 is. Did you know that there is another standard for tokens and it's called ERC-721.
ERC-721 is an open standard that describes how to create unrelated or unique tokens in the Ethereum blockchain system. Although most tokens are interchangeable (each token matches each other token), the ERC-721 markers are unique.
This standard can implement a standard API for incompatible tokens under smart contracts. Thanks to the ERC-721 standard, it is possible to provide basic functions for controlling and transferring ownership of coins. The very idea of non-interchangeable ERC-721 format tokens appeared relatively recently, everything began with CryptoKitties .
Many crypto experts are of the opinion that tokens on the ERC-721 standard are better suited for storage than coins of the ERC-20 standard. They are better suited for calculations for real (physical) assets, such as houses and cars.
If you create a unique product or service, you will have to write code each time, which slows development and entry into the market. There is a company that plans to launch a decentralized platform with open source, the platform should facilitate the creation of unique tokens and this project is called 0xcert .
This platform will increase the speed of creating and writing new programs and applications, bypassing competitors. Do not forget about the programmers, the developers have implemented a toolkit (SDK) Developers will also facilitate this process using the development tools (SDK) with standard code-writing languages. Such tools will allow you to quickly and easily perform all the tedious job of setting up devices. Everything will be automatic, the user saves a lot of effort and time.
The team also plans to create a document authentication service to simply verify the identity of publishers. That is, they will be entered into a common register of audited entities, this significantly reduces the risks for various enterprises, and also saves time in confirming the authenticity and rights of use.
Fungibility of 0xcert Platform
Typical tokens of contemporary cryptocurrency world is patterned after Ethereum’s ERC20 application. The tokens bear a price at can be further split into even lesser amounts, and it is this particular feature that is referred to as fungibility, as such, 0xcert tokens are deemed as fungible.
0xcert protocol presents Xcert is an approved, non-interchangeable token that depends on 0xcert templates, and it bears details on a specific asset.
Details of the Tokensale
To implement all the tasks, the team is currently holding an ICO, during which it is planned to attract 20 000 ETH from investors. The public presale starts on July 2, 2018 and will run until July 4, 2018, and the public sale dates are from July 4 to 18, 2018. At each stage of sales, there are bonuses, and early investors will get more benefits.
For more information please visit the following links below;
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
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