Today’s economic and competitive challenges are making the status quo untenable for many companies.
The macroeconomic slump associated with the COVID-19 pandemic, the challenging competitive landscape with saturated markets, the overabundance of data siloed within organizations, formats, sources, and security borders – all make it difficult to keep up. Core margins are falling, losing to new, interesting, experiential products.
Web3 is a new internet paradigm resting on decentralized technologies that brings promise of different ways of sourcing and exchanging value, deeper multifaceted interaction with clients, and exciting cross-organizational business models.
But should companies join uncontrollable “open for all” public blockchains or private blockchains that work only with a few limited trusted partners?
Moreover, how can they balance the tremendous insight from identity-enabled technologies with confidentiality required by the current climate and regulative efforts?
The DGT Network is a Web3 platform designed to facilitate the creation of open ecosystems between businesses, without sacrificing privacy and control.
As a blockchain, it facilitates fast, secure processing of transactions, augmented by secondary capabilities of embedded tokenization, identity, and off-chain calculations. It allows companies to:
• fragment and tokenize real world assets to raise capital and enable transparency (commodities, real estate, carbon);
• build B2B2C cross-selling loyalty economies with shared currency;
• monetize brand, rarities, content, and fan bases using NFTs emitted in multiple blockchains at once (Binance, Ethereum);
• cross-analyze pooled sensitive data about customers (location, spending, identity, etc.) without breaking privacy;
• de-risk business decisions in credit scoring, lending, and insuring based on omnichannel data about customers and AI-uncovered interdependencies.
processing of any digital asset or value, including identities, digital twins, tokens, and more
a two-layered federated consensus model, using P-BFT on cluster-level, but eliminating its scalability issues through POS-based cross-cluster “arbitrator” voting
horizontally scalable, immutable, secure, and instantly sortable for analysis; allows the network to work asynchronously
a turnkey native token emission based on modifying network transaction types, as a more secure and high-performance method than smart contracts (for fungible, commodity, NFT tokens)
segments of different access types (permissioned, permissionless); as well as clusters, each with its own node roles and transaction types, but all capable of taking part in the resources and economy of the total network
based on zero-knowledge proof (ZKP) and secure multi party computation (SMPC) protocols adapted for sharing sensitive data
native, practical decentralized ID, with sensitive information stored off-chain, but on-chain verification of assets, businesses, and individuals being low-cost even for microtransactions
off-chain calculation nodes for verifying real world assets, information, and linking with ERP systems
including quantum-resistant blockchain capabilities
