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Managing Identities

The increasing number of digital crime cases shows the need for a reliable way to protect one’s own digital identity. Therefore, the goal of KYC-Chain is to create the highest level of trust through consensus on user identity. This service, which is currently under development, uses existing „know your customer“ rules and plans to simplify this process.

Identity Wallets provided by the Bitcoin trader platform will allow users to reveal only necessary information

KYC-Chain will use Ethereum and will use the help of „trusted gatekeepers“ – legal entities that are authorized by law to authenticate KYC documents: https://www.geldplus.net/en/bitcoin-trader-review/. Such a trusted gatekeeper would use a user ID using the KYC chain platform and authenticate it. In a decentralized data repository, corresponding Bitcoin trader documents would be stored, which could later be viewed by authorized parties to confirm an ID.

Decentralized help for companies
4G Capital provides microenterprises in Africa with immediate access to microcredit and has developed a concept for a dapp that uses smart contracts for this task.

Donors would then be able to use this Dapp to support micro-enterprises. The money lent – in the form of a digital currency – would be converted into Fiat using a 4G capital system and made available to the applicant.

In addition to these loans, which are not 100% secured, the company offers management consulting for micro-enterprises. The big goal of this project is to integrate individuals, companies and entire markets into the world market and thus help the African economy on a grass roots level.

Microblogging on the crypto trader chain

As a working crypto trader prototype, a review was created as a decentralized microblogging service that stores data on the Ethereum blockchain. The service has a generic Twitter-like function, so that messages up to 160 characters can be transmitted.

Since this service is decentralized, censorship is not possible: as soon as something is posted, it can only be deleted by the author himself.

You can also send donations to individual accounts in Ether. The team behind ETH-Tweet proposes to use this as a reward for good content – similar to the tip bots on reddit.

More power to the artists – Ethereum thanks to
Ampilative Art has set itself the goal of offering artists more opportunities and perspectives via a platform that corresponds to a social network.

It is planned as a platform where individuals can participate in the artist community and be remunerated by the community.

Artists will be able to create their own galleries in which their art will be accessible to others for free. Other users of the network can now reward the artist with donations, comments, ratings, or by sharing these galleries. The more an artist actively participates in the community, the greater the likelihood of being rewarded.

In addition, any revenue from Ampliative Art will be distributed among users according to their reputation.

As Dapp, Ampliative Art will be a kind of transparent cooperative in which users can cooperate and send and receive rewards.

Crowdfunding about Dapps
WeiFund uses Web3.0 technology to develop a crowdfunding solution on the Ethereum ecosystem.

Since, according to the project, they will only be one of many crowdfunding platforms in Web 3.0, they want to motivate these other platforms to cooperate by bringing crowdfunding utilities to market. These will be open source, modular and extensible. All critical aspects of the platform are decentralized.

In order to use WeiFund, WeiFund will first be opened in a Web3.0-enabled browser – for example Ethereums Mist – to initiate, search, manage and participate in crowdfunding campaigns.

The interface and user experience will be quite similar to known crowdfunding platforms like Kickstarter or GoFundMe, but all funds will be paid out in ether. WeiFund will also use smart contracts so that simple donations can become complex contracts.

Finally, Web3.0 browsers will use their own wallet systems so that payments within WeiFund will be secure and verifiable.

Rise of the Dapps – seven decentralized apps on Ethereum Blockchain

Imagine a company or service that is not controlled by a person, a board of directors or any other group whatsoever. This is to be achieved through smart contracts and Dapps.

Decentralized applications – Dapps in new German – is one of the newer ideas of the blockchain community

With the help of autonomously working programs stored in the blockchain, so-called smart contracts, proponents of this technology have developed a vision of a world in which everything that is needed for central management is controlled by intelligent contracts in the blockchain.

Bitcoin can be seen as the first dapp; the protocol is open source, rewards those who stand up for Bitcoin, needs no central authority and uses the blockchain to provide an online currency to the world.

These principles are now being used by visionaries for various online services in the form of different dapps. Even though this is a new field, the number of Dapps is increasing and many already exist in different phases of the development process.

Ethereum’s decentralized blockchain and its internal currency ether are the tools of choice for Dapp implementation. The Ethereum network has been created especially for this purpose and the Ethereum Foundation regularly organizes hackathons to promote decentralized applications.

All well and good – but what can you do with a Dapp? Here some use cases are discussed, which use the Ethereum Blockchain.

Dapps as an enrichment of the internet

The Vevue project promises to „bring Google Streetview to life“. Users are invited to share short video clips of restaurants, hotels, places, events and much more with users from all over the world.

The user does not need more than a smartphone and can earn equity by processing requests from the community Bitcoin and even Veuve. With the help of a Google Chrome extension, these „Veuves“ are also accessible via google maps.

An app called „Make Videos, earn Bitcoin“ is already available in the Google Play Store – even if it only does justice to the first half of the name and you can’t earn a Bitcoin.

Create worlds through Dapps in Etheria
Etheria is a sandbox game that strongly reminds of Minecraft: Players can buy certain tiles, create blocks from them and finally build things with them.

According to the project website the whole world as well as the interactions of the players are stored in the Ethereum Blockchain.

Until now, all virtual worlds were controlled by a central entity. In Etheria, however, all aspects of the world will be subject to a consensus of all those participating in the world.

This means that Etheria cannot be censored or put offline by anyone, neither by a government nor by players, nor by the „fivedogit“, the developer – Etheria will exist as long as Ethereum exists.