YourBlock is aiming to be the first Blockchain based comparison and incentivised Personal Data storage platform. A Blockchain digital fi ling cabinet, designed from the ground up to address the need of consumers to have somewhere safe and secure to store their data, data that they use on a daily basis to manage their day-to-day lives.
Public Blockchain technology is a global distributed ledger or database running on many devices around the world, but it is by no means private, anyone has access to it and can view its transactions.
YourBlock will store the consumers’ personal and sensitive data on its own private Blockchain; it would be too dangerous to store it on the public Blockchain. YourBlock will “anchor” to the public Ethereum Blockchain to prove/achieve immutability and data integrity, without making the data itself publicly visible. The consumers’ data will only be visible to permissioned participants on the private YourBlock Blockchain.
YourBlock will provide consumers with the power to control their personal data, and freewill to choose who, and when to engage with. We intend to put consumers in a position where they have control of their data, have the ability to easily communicate transparently with service providers, and to eliminate any confusion surrounding the contracts both parties enter into.
YourBlock will not only be of benefi t to the consumer, but will also help service providers on the YourBlock platform. Provided these service providers aren’t taking personal and sensitive data from other organisations, they will no longer need to spend excessive amounts of money on highly secure IT infrastructure. They will no longer need to hold their customers personal and sensitive data on their systems. Insurers will no longer have to pay excessive costs to software houses for the set up and maintenance of their underwriting guides.
YourBlock will allow both consumers and service providers a secure area to transact business, to manage that account securely throughout the contract term.
YourBlock Token Allocation
YBK Supply
• Total token supply = 200 Million (200,000,000) YBK tokens
• 30% of YBK tokens sold to public in the token sale.
• YBK Value = €0.50
• Hard Cap = €30 Million
• Soft Floor = €5 Million
Basic Terms
Pre sale start date: 18th December 2017 — €10 Million
Discount on pre-sale YBK tokens up to 40% — Lock in periods will apply
• Pre sale end date: 15th January 2018
• Main sale start date: 15th January 2018
Main sale end date: 26th February 2018
For more information, please visit;
Website: https://yourblock.io/
Facebook: https://www.facebook.com/WeAreYourBlock/
Twitter: https://twitter.com/weareyourblock
Telegram: https://t.me/ybyourblock
Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173
